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"Having a purposeful job actually does transform someone's life," says Edwin Walsh, who runs a social enterprise in Australia called Assembled Threads.
"You actually are moving someone from vulnerable into purposeful job where they're getting paid, they're getting respected for their skills.
They're getting respected for their skills.
It's a fantastic game changer."
Social enterprises are for-profit businesses that tackle a social problem, such as under-employment or training newly-arrived migrants.
Large companies and governments buy a lot of products, and the sector is expected to turn over $5.5 billion by 2030, the Australian Broadcasting Corporation reports.
The work they do, and the people they employ, vary depending on the business.
So they might be working with people with disabilities, migrants and refugees, families, children, communities, youth, people escaping the justice system, those that need some extra support to empower themselves and create better futures, solidifying careers and careers, and people escaping the justice system, those that need some extra support to empower themselves and create better futures," says Tara Anderson, chief executive of Social Traders, a company that certifies social enterprises.
Australia has more than 12,000 certified social enterprises, with the number of certified businesses growing at 16% a year and the amount spent Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
A New Mexico nonprofit is looking for a director to help it "shift current agricultural and land stewardship practices in ways that produce good food, support meaningful livelihoods in rural places,...more
Swiss Re is putting its money where its mouth is in Southeast Asia. The insurance giant is launching its Shine social entrepreneurship program in Indonesia, Malaysia, Singapore, and Thailand,...more
Students in Palm Beach County, Fla., are experiencing a " concerning uptick" in mental health disorders over the past few years, says the Education Foundation of Palm Beach County. Nearly 3,000...more
"A PVUSD community school places the student at the center of everything. Community members, organizations, educators, and families coordinate resources in and out of school to prioritize each...more
When students at South Orangetown Middle School in New York build birdhouses, they're not just making them for decoration. They're also helping to create habitat for their avian neighbors, the...more
"It's a good beginning, but it should not end there." That from Nobel laureate Roger Kornberg, speaking at a medical conference in Hong Kong this week, per the South China Morning...more
"It's a good beginning, but it should not end there," said Nobel laureate Roger Kornberg at a medical conference in Hong Kong this week. Kornberg, who spoke at the fourth Asia Summit on Global...more
"What makes it so special is that I am now part of a community of philosophers, artists, and scholars who are challenging the received wisdom of Western metaphysics," says Bruce Glavovic, a visual...more
Warner Music Group, a multinational entertainment and record label conglomerate, has expressed interest in partnering with the Nigerian government to invest in the country's thriving music...more
Foundation: Surdna Foundation, Ford Foundation, Wallace Foundation, Wallace Foundation, Wallace Foundation, Wallace Foundation
The Ford Foundation has donated $116 million to support artists and arts organizations of color in the US, the New York Times reports. That's more than double the $50 million the foundation...more
Social Entrepreneurship
Spotlight
Social Entrepreneurship: The Right Balance of Doing Good and Doing Well
Social entrepreneur and co-founder of nonprofit Jolkona, Adnan Mahmud, discusses his definition of a successful social entrepreneur. He describes the social entrepreneur as someone who has found the right balance between doing good while doing well.
