Social enterprise in Victoria has received a welcome boost with the State Government’s announcement of a $5 million Social Enterprise Strategy.
Designed to increase impact and innovation, the Social Enterprise Strategy is designed to build the capacity of social enterprise in Victoria and improve market access.
The Strategy outlines eight key initiatives for implementation including the formation of a Social Enterprise Network and online market place; training opportunities to help social enterprises expand their business; and the establishment of a new social procurement framework.
More than 160 social enterprises and stakeholders were consulted during the Strategy’s development.
At the launch of the Strategy, Minister for Industry and Employment, Wade Noonan said the “landmark strategy” will help “grow jobs, boost market access and support the growth of social enterprises.”
More than 75,000 Victorians are employed across the state’s 5,000 plus social enterprises.