The Growth of Social Enterprises Β€” For-Profit Businesses That Tackle a Social Problem


credit:

"Having a purposeful job actually does transform someone's life," says Edwin Walsh, who runs a social enterprise in Australia called Assembled Threads.

"You actually are moving someone from vulnerable into purposeful job where they're getting paid, they're getting respected for their skills.

They're getting respected for their skills.

It's a fantastic game changer."

Social enterprises are for-profit businesses that tackle a social problem, such as under-employment or training newly-arrived migrants.

Large companies and governments buy a lot of products, and the sector is expected to turn over $5.5 billion by 2030, the Australian Broadcasting Corporation reports.

The work they do, and the people they employ, vary depending on the business.

So they might be working with people with disabilities, migrants and refugees, families, children, communities, youth, people escaping the justice system, those that need some extra support to empower themselves and create better futures, solidifying careers and careers, and people escaping the justice system, those that need some extra support to empower themselves and create better futures," says Tara Anderson, chief executive of Social Traders, a company that certifies social enterprises.

Australia has more than 12,000 certified social enterprises, with the number of certified businesses growing at 16% a year and the amount spent

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Mansfield Isd Makes Headway on Nearly $600M 2024 Bond Package

Mansfield ISD is starting to see the first fruits of the district's $588.5 million bond package voters approved in May.Phase one projects include the construction of a second pre-K center, a police...more

Communities Should Be At the Heart of Climate Action

Regional efforts are yet to harness the collective power of grassroots communities to achieve climate action targets.Policymakers can engage local communities in the climate conversation in several...more

US Peace Corps Trains Science High School Students in Climate Leadership

US Peace Corps trains science high school students in climate leadership.36 students from PSHS campuses nationwide trained on conceptualizing, planning, and prototyping climate change solutions.The...more

Philanthropy Class Aids Tompkins County Nonprofits
Foundation: Community Foundation of Tompkins County

Students in an annual Philanthropic Leadership class distributed $58,900 in grants to local nonprofits.The course is designed to provide students with instruction and experience in philanthropic...more

Advocacy Spotlight Series: Vote Riders

Voter ID Information Cards are pocket-sized guides that provide insight on the acceptable forms of voter identification in each state.Voter ID laws disproportionately impact communities that are...more

Innovative Ideas From Plymouth County Youth Earn $2500 Grant For Community Improvement

Innovative ideas from Plymouth County youth earn $2,500 grant for community improvement.The project is designed to provide youth with opportunities to learn about community development and how their...more

Youth Philanthropy Council to Host St. Nick's Kicks Dec. 7: Coronado Teens Welcome to Volunteer

It goes to show that despite initial doubt from many, grit and perseverance help us to accomplish anything.Should any Coronado teens be looking to volunteer at this inspiring event, please visit...more

Repurchased Own Ordinary Shares Reached 5% of Tenaris's Voting Rights

Tenaris is a leading global supplier of steel tubes and related services for the world's energy industry and certain other industrial applications.Enjoy a 7-Day Free Trial Thru Nov 30, 2024! ✨...more

Three Year Postdoctoral Fellowship: Women in Philanthropy

Three Year Postdoctoral Fellowship: Women in Philanthropy - Postdoctoral Fellows.Three Year Post doctoral fellowship for women in philanthropic and charitable sector.Will develop and implement a...more

The Vip Volunteers: Ed and Leanne Barnett Dedicate Nearly 40 Years To…

The VIP Volunteers: Ed and Leanne Barnett Dedicate Nearly 40 years to Volunteering USEA.Ed has ridden in four USEA American Eventing Championships.Leanne is a national examiner and a chief horse...more





SOCIAL innovations are new strategies, ideas and approaches to solving problems, and the number of people actively changing things for the better has been increasing in Slovakia, even when the impacts remain limited.



Federal Government Grant and Assistance Programs


Coordinated Services and Access to Research for Women, Infants, Children, and Youth | Social, Behavioral, and Economic Sciences | Federal Work-Study Program | Family Connection Grants | Farm Business Management and Benchmarking Competitive Grants Program | Plant and Animal Disease, Pest Control, and Animal Care | 1994 Institutions Research Program | Injury Prevention and Control Research and State and Community Based Programs | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders