Social enterprises are for-profit businesses that tackle a social problem, such as under-employment or training newly-arrived migrants.
Ms Anderson's company suggests the field is growing at 16 per cent a year, and the amount spent with them is rocketing by 36 per cent a year."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," she says.
Ms Walsh has been in the textiles industry her whole career. She and the industry call it by a fond name: "the rag trade."After decades when Australia's local manufacturing industry was destroyed by cheaper offshore suppliers, she's slowly building it back up. "We are a commercial enterprise, looking to build sustainable income channels through the procurement of our product. We solely rely on income and orders."Some government contracts now mandate a certain percentage must be spent on products from social enterprises.
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Source: 7NewsSydney - 🏆 16. / 63 Read more »