February 6, 2017
Social Traders welcomes ten start-up social enterprise proposals into its Crunch accelerator program for 2017.
The ten proposals were selected from a pool of 80 Expressions of Interest and represent some of Victoria’s best and brightest future social enterprises.
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, accessibility of nutritional food for the homeless, assistance for people facing issues in the workforce, shared services to increase social impact, strengthening community governance, tackling social isolation and food insecurity. Click here to view the 2017 Crunch participants.
Lisa Boothby, Head of Enterprise Development at Social Traders says based on Social Traders experience over the last six years, the potential success rate of these enterprises to become financially sustainable and generate positive social impact is high.
“Over the next four months these enterprises will focus on assessing the feasibility of their enterprise idea. They will be paired with business mentors, receive regular coaching from Social Traders, and attend workshops. By the end of the program, they will have developed a rigorous business model that will either see them start up and succeed, or provide them with the information they need to understand that their proposal is not going to get off the ground.”
Social Traders’ Crunch Start up Accelerator program begins with the first of six workshops on Tuesday 7th February at the Dream Factory in Footscray.
Social Traders’ Crunch partners include: the Victorian Government, Lord Mayor’s Charitable Foundation, Helen Macpherson Smith Trust, Sustainability Victoria, Melbourne Business School, Australia Post, Westpac, Accenture and the Dream Factory.
Over the past six years, Social Traders’ Crunch has supported 88 enterprises with 60% currently trading. Social Traders aims to grow the number of sustainable social enterprises in Australia and by 2020, deliver Crunch to another 200 enterprises assisting them to start and grow.
For further details contact: Mark Hemetsberger, Head of Marketing, email@example.com or 0438 947 523