The selected player, who must be over 18 as of March 1, 2008, will be chosen after meeting strict criteria including: current level of participation, playing ability and likelihood of maximising the experience on both a personal and sporting level.
Once chosen the player will spend from April to September 2009 living, working and playing rugby with Matamata United Sports in New Zealand.
Speaking at the launch, Joe Harton of Unidare RFC, said: "Mr. Philip Browne, Chief Executive of the IRFU, has often talked of the demand for rugby in the areas of Dublin that don't traditionally play rugby.
"Unidare RFC draws many of its players from the Ballymun and Finglas areas of Dublin and has proven his point on the matter of the future of the game.
"Even without major investment, the game has gone from strength to strength in Dublin 11. This scholarship demonstrates our commitment to supporting and growing the game at grassroots level into the future."