The Flax Trust


A SNAP SHOT

The Department of Enterprise, Trade and Investment in Northern Ireland has just published a consultation document on the Social Economy.  In this document it highlights the role of Ulster Community Investment Trust and the School for Social Entrepreneurs.  Both organisations were set up by Flax Trust to develop the social economy sector North and South of Ireland.

Flax Trust/America has now committed itself to supporting these two organisations in their efforts to attract investment for the sector and professionalise those who are engaged in developing projects within the sector, North and South of Ireland.

This year, three Board Members of Flax Trust/America who are associated with Investment Banking, carried out a Due Diligence investigation of UCIT with a view to preparing it to receive U.S. investment and 15 graduates of SSEI will receive an intensive immersion week at Fordham University, New York.

In North Belfast, Flax Trust has been grant aiding local schools and helping them, both Catholic and Protestant, to come closer together.  It is also financing a cnsultation document on Primary and Post Primary Education in the North of the City, in the aftermath of the 11+ being removed.