Guide to Giving
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Politics

New Support Service for Social Enterprises


Tuesday, 2nd November 2010 at 11:05 am
Lina Caneva, Editor
The Federal Government has established of a national business development support service for social enterprises receiving Australian Government funding.

Tuesday, 2nd November 2010
at 11:05 am
Lina Caneva, Editor


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
New Support Service for Social Enterprises
Tuesday, 2nd November 2010 at 11:05 am

The Federal Government has established of a national business development support service for social enterprises receiving Australian Government funding.

The Gillard Government will provide $1 million to establish a support service for Australia’s social enterprises.  The Minister for Employment Participation and Child Care, Kate Ellis made the announcement  at the recent Jobs Australia conference in Melbourne.

 

Minister Ellis says the funding will build on the $20 million Social Enterprise Development and Investment Fund, which builds partnerships between the finance, social and corporate sectors.

 

Ellis says the Government wants to ensure that social enterprises are viable and vibrant operations, so they can continue to assist disadvantaged Australians to find training and jobs.

 

She says the new development support service will seek to ensure the ongoing viability of social enterprise activities, to strengthen business planning and identify financing options.

 

The Social Enterprise Development and Investment Fund is designed to provide loans and support to social enterprises. These loans are aimed at increasing the sustainability and self-sufficiency of Australia’s small but growing social enterprise sector.

 

Minister Ellis says the Government has continued to take steps to enhance its investment in social enterprises through projects such as Mission Australia’sWorking Futures Initiative project, which will research how social enterprises could be best supported to employ highly disadvantaged job seekers on a sustainable basis.

 

More than 130 individuals and organisations have already registered to be part of the consultation and discussions for SEDIF. Consultation on the fund will run until 3 December 2010.

 

For more information on SEDIF and the Government’s Social Inclusion Agenda, visit www.socialinclusion.gov.au


Lina Caneva  |  Editor |  @ProBonoNews

Lina Caneva has been a journalist for more than 35 years, and Editor of Pro Bono Australia News since it was founded in 2000.

Guide to Giving

FEATURED SUPPLIERS


HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

Yes we’re lawyers, but we do a lot more....

Moores

Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Mental Health Groups Call for Same-Sex Marriage to Prevent Suicide

Luke Michael

Thursday, 21st September 2017 at 4:24 pm

Public Interest / Private Interest – A Fundamental Distinction

David Crosbie

Thursday, 14th September 2017 at 8:46 am

Boosting Philanthropy For A Stronger Australia

Wendy Williams

Monday, 11th September 2017 at 5:16 pm

POPULAR

Moves to Stop Volunteering at Overseas Orphanages

Luke Michael

Wednesday, 13th September 2017 at 1:54 pm

Future Uncertain for Disability Organisations Following Funding Cuts

Wendy Williams

Tuesday, 19th September 2017 at 8:29 am

Majority of NFPs Are Not Believed to be Well-Run, According to New Survey

Luke Michael

Tuesday, 12th September 2017 at 4:14 pm

More Australians Are Giving Time Not Money

Wendy Williams

Monday, 11th September 2017 at 5:07 pm

Write a Reply or Comment

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


Guide to Giving
pba inverse logo
Subscribe Twitter Facebook

The social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!