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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
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
If you've ever wondered what it's like to be a billionaire in China, you're in luck. The country's state-run Xinhua News Agency has listed the net worth of the country's richest person, property...more
The chief of Colorado's Regional Transportation District Police Department has been elected president of the FBI Law Enforcement Executive Development Association, KDVR reports. "I am truly...more
synagogues, Jewish community centers, mosques, and other "at-risk faith-based and other nonprofit institutions" in urban, suburban, and rural America are in need of extra security, and a group of...more
The Houston Independent School District has been without a bond since 2012, and that's left it with more than $10 billion in projects that need to be completed. Now, in the wake of Hurricane...more
It's not every day that a company surpasses $20 million in donations under management, but that's exactly what Boston-based Givzey did just two months ago, per a press release. Givzey is a "smart...more
"It can take a good year (or two) for a new executive to learn everything about the nonprofit, from operations to processes to donor relationshipsespecially if they hire 'from away.' And discerning...more
Students in a tourism entrepreneurship course at the Macao University of Tourism have come up with a novel way to give back to the community. They've developed a marketing strategy for a store...more
The TEGNA Foundation, the charitable arm of media company TEGNA, is now accepting grant proposals for projects that "focus on improving the mental health of the communities they serve," according to...more
The Public Interest Law Foundation at Boston College Law School has been awarded a $225,000 three-year grant from the Cummings Foundation to help students provide pro bono legal services in...more
Foundation: Stocker Foundation
The Stocker Foundation has released its latest round of grants, with 109 projects receiving a total of $1.52 million. The grants, awarded to eight communities across the US, aim to lessen the...more
Nonprofit Management News from...
Stocker Foundation
North Texas Community Foundation
Tulsa Community Foundation
Cattaraugus Region Community Foundation
MacArthur Foundation
Community Foundation of Sarasota County
Gulf Coast Community Foundation
Bloomberg Philanthropies
Central Valley Community Foundation
Surdna Foundation
Ford Foundation
Wallace Foundation
Social Entrepreneurship
Spotlight
Global Companies Appeal for Needed Market Changes in Renewable Energy
Global companies like General Motors, Wal-Mart, Bloomberg, Facebook, Hewlett-Packard, Intel, Johnson & Johnson, Mars, Novelis, Sprint, Proctor and Gamble and REI are calling out for necessary market changes to make it easier to buy and access more renewable energy.
