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.