Social Enterprise Strategy
The Victorian social enterprise sector is recognised as the largest and most dynamic in Australia. It is estimated that there are currently more than 5,000 social enterprises trading across metropolitan and regional Victoria employing an estimated 75,000 people.
What is a Social enterprise?
Social enterprises are:
- led by an economic, social, cultural, or environmental mission consistent with a public or community benefit
- derive a substantial portion of their income from trade
- reinvest the majority of their profit/surplus in the fulfilment of their mission.
Source: Social Traders
Victorian Social Enterprise Strategy
The Victorian Government's Social Enterprise Strategy, the first-of-its-kind in Australia, has been developed to improve and expand on existing support for the sector and to position Victoria to lead the country in driving employment participation and inclusive economic growth through social enterprise.
Social enterprises already play a valuable role in the economic, environmental and social well-being of Victorian communities and they often have a particularly strong focus on young people, women and those with disabilities.
The strategy advocates for greater co-ordination across government to support social enterprises. A healthy sector will support inclusive economic growth, new job creation and more opportunities for disadvantaged people to get, and sustain, work.
The strategy identifies three action areas and eight initiatives:
- Increasing impact and innovation
- Building business capacity and skills
- Improving market access.
Implementing these action areas and initiatives (outlined in the strategy document) will lead to growth and improved sustainability for the social enterprise sector and further social and economic benefit for Victoria.
Download the strategy:
- Victoria's Social Enterprise Strategy Social Enterprise Strategy (PDF 839.75 KB)
- Victoria's Social Enterprise Strategy Social Enterprise Strategy - accessible version (DOCX 66.74 KB)
Download the fact sheet:
- Victoria's Social Enterprise fact sheet Social Enterprise Strategy Factsheet (PDF 92.74 KB)
- Victoria's Social Enterprise fact sheet Social Enterprise Strategy Factsheet - accessible version (DOCX 33.94 KB)
Social procurement - video example
One of the strategy initiatives is to develop a social procurement framework to help increase the opportunities for social enterprises to supply goods and services to government. The video below outlines an example of social procurement by the Level Crossing Removal Authority which purchased printing services from Nadrasca, a social enterprise based in Nunawading.
Page last updated: 16 February 2017