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The implications of Brexit on Northern Ireland's Third Sector

The implications of Brexit on Northern Ireland's Third Sector
Tuesday, August 2, 2016 - 14:00 to 15:30
Bryson House, 28 Bedford Street, Belfast, BT2 7FE

On Thursday 23 June 2016 the UK electorate was asked the question:

“Should the United Kingdom remain a member of the European Union or leave the European Union?”

The referendum was a once-in-a-generation vote, the outcome of which resulted in Brexit.  Regardless of which you voted, leaving the EU will have profound implications for the Northern Ireland Third Sector. 

The event will be an opportunity for leaders in the Third Sector to connect and discuss the “Known Unknowns”.  It will primarily focus on those areas where we feel that leaving the EU will raise Northern Ireland-specific issues relating to our sector. 

One point we are clear on is that the future relationship will be the product of a negotiation process between the UK and the remainder of the EU.   In advance of that negotiation process, it is imperative that Northern Ireland’s Third Sector priorities are considered.  We want to ensure that we shape and influence our future. 

Initial feedback from members have already raised a number of points unique to the Third Sector which will be explored at the event.

In the short term
  • There are questions over the current European Structural fund 2014-2020 worth 100s of millions of pounds, to drive social change in NI.
  • The need for support and services may increase as financial uncertainty impacts individuals’ economic circumstances. 

In the medium term
  • Are there risks to charitable donations given the fall in the value of the pound?

In the longer-term
  • It is important to mitigate against any loss in funding from the EU, which NI has benefited from more than any region of the UK.
  • It is also important to factor the match funding structure. 
  • The risk of Regional disparities increasing particular concerns for rural communities in NI. 

Places are limited so please RSVP with sarah@co3.bz or Tel: 028 90 245 356 asap.