Are You Ready for SEDI? Unpacking the Latest Funding Boost for Social Enterprises
Social Good Stuff
by Jay Boolkin
3M ago
In an era where the intersection of business and social good is becoming increasingly vital, Australia stands at the forefront with a groundbreaking initiative. On April 6, 2024, the Albanese Labor Government unveiled its commitment to nurturing the growth and impact of social enterprises across the nation. This bold move is encapsulated in the generous provision of $11.6 million through the Social Enterprise Development Initiative (SEDI), marking a significant milestone in the government’s efforts to foster inclusive economic growth and societal wellbeing. Social enterprises, ranging from lau ..read more
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What’s Holding Back The Business for Good Movement And Where Are There Opportunities For Growth?
Social Good Stuff
by Jay Boolkin
3M ago
Guest post by Tom Allen, Founder & CEO at Impact Boom With 2024 in full swing, how would you plot your personal wellbeing, growth and momentum, versus that of the broader ‘impact-driven’ movement? Is there any correlation? How might we improve our personal health, whilst turbocharging growth of the business for good movement? A recent conversation with Lisa Hough, PCC, CPCC at the (beautifully curated – thank you Kira Day, Andrew Davies, Mindy Leow and the whole B Lab Australia and Aotearoa New Zealand team!) B Corp Assembly brought attention to identifying ‘energy leaks’ and taking ..read more
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Navigating the Journey: Introducing the Five Stages of Social Enterprise Development
Social Good Stuff
by Jay Boolkin
3M ago
At last, a clear delineation of social enterprise growth stages has been collectively agreed upon by Australia’s emerging alliance of social enterprise capacity builders. This unified framework aims to eliminate the inconsistencies in terminology and definitions that often arise in the support and funding of social enterprises. Establishing a shared language to describe the various stages of social enterprise development is not just beneficial, but essential. It enhances collaboration among intermediaries and ensures optimal support for social enterprises. A common terminology also enables in ..read more
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5 Reasons to Join AMP Foundation’s Tomorrow Makers IGNITE Program
Social Good Stuff
by Jay Boolkin
6M ago
The AMP Foundation Tomorrow Maker program aims to unearth some of the most extraordinary social enterprise ventures that will solve some of society’s most wicked problems. The Tomorrow Makers program supports social entrepreneurs in their ideation development phase via the Spark program and social enterprises in their startup phase via the IGNITE program. IGNITE is a year-long program to help social enterprises commence trading. A ‘Social Enterprise’ is defined as a business that has a social, cultural or environmental purpose and generates revenue from a trade or service to reinve ..read more
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From Farm to Impact: Setting Up An Agricultural Social Enterprise
Social Good Stuff
by Jay Boolkin
7M ago
Guest post by Matthew Bailey, Community Relations Manager at Justice Hero A staggering 78% of the world’s poorest people, almost 800 million individuals, live in rural areas and are predominantly engaged in farming. Smallholder farmers, in particular, face daunting challenges: limited access to affordable financial services, scarce knowledge of high-quality inputs, minimal use of technology, and weak market links. These issues hinder their productivity and impede their integration into the broader agricultural value chain. Agricultural social enterprise represent a new business model with the ..read more
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Bridges and Catalysts: Unpacking the Role of Social Enterprise Intermediaries
Social Good Stuff
by Jay
9M ago
The 2023 Social Enterprise World Forum (SEWF23) recently hosted an enlightening panel discussion that delved into the topic “Building a strong social enterprise ecosystem: Why intermediaries matter.” This insightful conversation brought together esteemed speakers from diverse sectors, including Tizzita Tefera from Social Enterprise Ethiopia and Maisha Technologies, Rowan Barnett from Google.org, Wieteke Dupain from Euclid Network, and Wan Dazriq from PurpoSE Malaysia. Leonie Bank, Operations and Programme Manager at Social Enterprise NL, gracefully moderated the panel. This ..read more
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Building Your Impact Stack: A Blueprint for Driving Social Change
Social Good Stuff
by Jay
9M ago
In the world of technology, the term ‘tech stack’ is commonly used to describe a combination of programming languages, tools, and software that developers leverage to create web and mobile applications. But have you ever considered what your ‘impact stack‘ might look like? An impact stack is the combination of tools, applications, and services you use to create positive social change. Drawing parallels from the tech stack concept, an impact stack consists of various layers, each serving a specific purpose towards achieving social impact. These layers could encompass everything ..read more
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Regional Revolution: How Changemakers are Shaping a Better Future
Social Good Stuff
by Jay
9M ago
“There is so much heart, and passion and innovation in our regional communities, but in a country as vast and lightly populated as Australia outside the cities, regional changemakers can feel isolated, can lack access to resources, mentors and examples, and are too often ignored, despite being on the front line of so many of our most pressing social and environmental issues, like access to housing, climate change impacts and how to better support diverse young people into meaningful work.” – Tom Dawkins, co-founder and CEO at social change crowdfunding platform StartSomeGood and co-f ..read more
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The Fellowship Pioneering Positive Social and Environmental Change in Australia
Social Good Stuff
by Jay
11M ago
The Kenneth Myer Innovation Fellowships 2024 program has opened for applications, seeking changemakers with gamechanging solutions to Australia’s most pressing social and environmental challenges. The program offers Fellows a unique opportunity to focus exclusively on their project for 12 months, with each receiving $180,000. Launched by the Sidney Myer Fund and The Myer Foundation in 2014, the program has already empowered some of Australia’s brightest, self-directed leaders to turn their big ideas into reality, including: 2014 Fellow Jordan O’Reilly’s HireUp platform for people with disabil ..read more
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From Historical Roots to Global Impact: Tracing the Evolution of Social Enterprise
Social Good Stuff
by Jay
11M ago
In today’s rapidly evolving world, the concept of social enterprise has gained significant attention. These innovative organisations trade to fulfil a primary social or environmental mission. While social enterprises may seem like a recent phenomenon, their roots can be traced back through history. In this article, we will delve into the origins of social enterprise, exploring where it started, how it has evolved over time, and the transformative impact it has had on society. Historical Roots The origins of social enterprise can be found in various forms throughout history. Cooperatives, mutua ..read more
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