Close Search
 
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  | 

Big Boost for Social Entrepreneurs


17 June 2002 at 1:06 pm
Staff Reporter
Newly formed Social Ventures Australia has released details of its BIG BOOST! business plan challenge.

Staff Reporter | 17 June 2002 at 1:06 pm


0 Comments


 Print
Big Boost for Social Entrepreneurs
17 June 2002 at 1:06 pm

Newly formed Social Ventures Australia has released details of its BIG BOOST! business plan challenge.

As Pro Bono Australia reported last month (Vol 5 edition 9) SVA is an initiative to support social enterprise through the provision of resources, funding and business mentoring from its network of corporate and Not for Profit mentors.

SVA launched its’ $250,000 Big Boost with the help of the Chairman of the Clean Up Australia Foundation and Brownlow Medalist and co-founder of Reach Foundation, Jim Stynes.

The “SVA Big Boost” is a business plan challenge designed to encourage and support social entrepreneurs to develop innovative solutions to entrenched social problems.

The ideas may come from the social sector, from communities themselves, from business ore through partnerships of all three.

To help entrants make their ideas a reality, the Big Boost offers:
 A series of workshops to help educate social entrepreneurs on the business principles needed to run a successful venture.
 Management coaching for potential social entrepreneurs to help develop robust venture plans, develop business skills and create viable enterprises.
 Funding for selected ‘pattern-changing’ social ventures – to $250,000 in seed investment.
The project will run until November and will be in four phases:
Getting Started ; a call for new ventures
Getting Connected: short-listing ventures for development
Getting Serious: finalising venture plans
Getting Funded: final selection of up to 5 ventures for funding.

The first workshops get under way early in July.

The good news too is that anyone in Australia can enter the SVA Big Boost regardless of their venture’s stage of development.

Established in 2002, SVA is the result of the pooled resources of The AMP Foundation, The Benevolent Society, The Smith Family and WorkVentures.

In Australia in 1998, 14.6% of households with children were jobless. This is an increase of nearly 30%* on comparable figures from the early eighties.

SVA’s founding Chief Executive, Michael Traill says statistics such as these reflect the ever-growing divide between Australia’s rich and poor, and the failure of traditional welfare systems to provide effective solutions.

SVA encourages alternative solutions to social problems, based on an entrepreneurial and community-driven approach.

Find out how you can get involved in the Big Boost at the SVA website at www.socialventures.com.au.



PB Careers
Get your biweekly dose of news, opinion and analysis to keep you up to date with what’s happening and why it matters for you, sent every Tuesday and Thursday morning.

Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers? Get in touch at news@probonoaustralia.com.au or download our contributor guidelines.

 Print

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

The six most common mistakes made by new NDIS providers

Faz Mohitian

Thursday, 13th August 2020 at 8:22 am

Corporate philanthropy: Community benefit or reputation washing

Maggie Coggan

Thursday, 13th August 2020 at 8:00 am

Navigating sector challenges and the disruption of the pandemic

Contributor

Thursday, 13th August 2020 at 7:00 am

Sustainable support: A balancing act for philanthropists

Dr Chau Chak Wing

Wednesday, 12th August 2020 at 7:11 pm

pba inverse logo
Subscribe Twitter Facebook
×

We need your help.

Since the outbreak of COVID-19, Pro Bono Australia has seen a devastating fall in advertising and less people posting on our job board, which is how we fund our free news service. You can show us that you value the work we do by making a contribution.

 Make a contribution 

You have Successfully Subscribed!