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

Grant to Help Not for Profit 'Businesses'


20 October 2008 at 4:27 pm
Staff Reporter
In Victoria, the Brumby Government and a private family trust have joined forces to help Not for Profit businesses get up and running in what has been described as funding enterprising ways to fight poverty.

Staff Reporter | 20 October 2008 at 4:27 pm


0 Comments


 Print
Grant to Help Not for Profit 'Businesses'
20 October 2008 at 4:27 pm

In Victoria, the Brumby Government and a private family trust have joined forces to help Not for Profit businesses get up and running in what has been described as funding enterprising ways to fight poverty.

Under the scheme announced as part of Anti-Poverty Week, a new $8 million agency would be set up in partnership with a private family trust to support community enterprises which help provide job training and work opportunities for people.

The private contributors have chosen to remain anonymous.

Community enterprises are Not for Profit businesses that aim to meet local community needs rather than simply turning a profit.

The scheme, known as the Social Traders, is in collaboration with the Victorian Government and a private philanthropic family trust, which will each contribute $4 million over four years to the agency. It will be run by a consortium of cross sector organisations with extensive experience in community and social enterprise development

Premier Brumby says community enterprises can provide invaluable opportunities for people to break out of the poverty cycle by providing real work and training opportunities that translate to mainstream employment.

He says the agency offers a new and creative way to support enterprises, by providing them with services and financial and management advice.

It will provide emerging community enterprises with business support services to help them get started and succeed.

Community Development Minister Peter Batchelor said that on top of the Social Traders initiative, the Brumby Government had also allocated $3 million dollars in grants to help kick-start new community enterprises and support existing enterprises.

He says that in the last four years more than 80 community enterprises have created 350 new jobs and job training for more than 400 people who have struggled to use the mainstream system.

Anti-Poverty Week is convened in partnership between Melbourne Citymission and Hanover Welfare Services. For more information, visit www.antipovertyweek.org.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!