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Australia’s first strategy for social enterprises unveiled

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Australia’s first ever strategy for social enterprises has been unveiled by the Andrews Labor Government to “strengthen the sector and create more employment opportunities for disadvantaged Victorians.”

Minister for Industry and Employment Wade Noonan launched the Social Enterprise Strategy while meeting workers at Yarra View Nursery in Mount Evelyn.

Victoria is now home to Australia’s largest collection of social enterprises, with more than 5,000 operating state-wide, employing more than 75,000 Victorians.

The Social Enterprise Strategy identifies key areas for action including increasing the impact and innovation of social enterprise, building business capacity and skills, and improving market access.

The Labor Government will spend $5 million to implement eight key initiatives including:

  • establishing a new Social Enterprise Network across Victoria to better connect the sector
  • building an online market to connect buyers with social enterprises
  • training opportunities and support for more than 100 social enterprises to expand their business

A new social procurement framework will also be develop ed to allow government contracts to purchase goods and services from social enterprises.

The Government has consulted with more than 160 social enterprises and stakeholders to ensure the strategy reflects the needs of the sector.

Minister for Industry and Employment Wade Noonan said, Victoria has a nation-leading social enterprise sector, and the future of this industry couldn’t be brighter.”

“This is a landmark strategy that supports initiatives to grow jobs, boost market access and support the growth of social enterprises,” he said.

 

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