In the Trump world “the deal’ is an economic outcome – full stop – period. For Social Capitalists however there’s more. They generate profit to further social and environmental goals as well.
Social enterprises are businesses that invest in community. Rather than maximising private profit, they want to make the world – or at least their community – a better place.
In the present climate this might sound idealistic, yet it is estimated that Social enterprise activity constitutes 2- 3% of GDP, that there are 20,000 social enterprises operating in Australia alone and this number has grown at a rate of 37% over the past 5 years. Other research (Nielsen) found that 50% of people are willing to pay more “to companies who give back”.
Australian social entrepreneurs operate in all markets from the local to the international and in all sectors.
If this stimulates your interest check out this workshop by FACET happening on 5th April. Featuring a broad range of international and local social entrepreneurs including globally recognised social entrepreneur Amy Carter-James and Gene Hardy of Cape to Cape Tours and many others.
The workshop is designed present experience and share knowledge to empower you to use it in your business.
- Giving Back: Tourism Social Entrepreneurship
- 9.00am – 5.00pm, 5 April 2017
- Matilda Bay on the River, Crawley
- $260 pp.
- Full details and registration here