News & Events


Time to Shine For Five of the Best Victorian Social Start-ups

Social Traders congratulates five start-up social enterprise proposals into the second intake for Social Traders’ Crunch accelerator program for 2017.

Joining the ten enterprise proposals that completed the same accelerator program earlier this year, these five Victorian enterprise proposals will test their social enterprise idea and build a business model for a sustainable social enterprise over the next four months.

Due to high levels of demand from both funders and proposals, this is the first-time in its history that Social Traders have operated a second intake of applicants during a single year.

Spanning a variety of industries and beneficiaries the enterprise proposals seek to provide a mix of social impact that includes; employment of migrant and refugee women, a focus on recycling and behaviour change; employment pathways for artists that have faced homelessness; a cultural hub to increase localised social impact; and a service designed to create opportunities for youth specifically within social enterprise.

Click here to view the second intake for 2017 of Social Traders’ Crunch accelerator program.

Lisa Boothby, Head of Enterprise Development at Social Traders says based on Social Traders experience over the last six years, the opportunity for these enterprises to become financially sustainable and generate positive social impact is high.

“The journey ahead for these enterprises is exciting.  Over the next four months they will receive regular coaching from Social Traders, be paired with business mentors and attend workshops.  By the end of the four months they will have a proven business model outlining what it will take to move forward, start up and succeed, or have the evidence to show that their proposal is not going to reach expectations in its current form.”

Social Traders’ Crunch start-up Accelerator program begins with the first of five workshops on Wednesday 25th July at STREAT, and the remaining at Melbourne Business School.

Social Traders’ Crunch partners include: the Victorian Government, Lord Mayor’s Charitable Foundation, Helen McPherson Smith Trust, Sustainability Victoria, Australia Post, Westpac, Accenture and the Melbourne Business School.

Over the past six years, Social Traders’ Crunch has supported 94 enterprises with 55% currently trading.

 


For further details contact: Mark Hemetsberger, Head of Marketing, mark.hemetsberger@socialtraders.com.au or 0438 947 523