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The Queensland Social Enterprise Strategy is the Queensland Government's commitment to support the growth of the social enterprise sector in Queensland.
Social enterprises exist to benefit the public and community rather than shareholders and owners. The sector is gaining momentum in Queensland and plays an important role in delivering jobs and training opportunities for disadvantaged Queenslanders.
The strategy outlines 3 key focus areas of targeted support to address the challenges social enterprises face:
- building capability and capacity in the sector including access to financial support
- making connections across the sector to increase collaboration and promotional opportunities
- improving market access by linking social enterprises to procurement opportunities.
Research that informed the development of the strategy was facilitated by Jobs Queensland.
Social Enterprise Jobs Fund
The Queensland Government will provide $8 million over 2 years for the Social Enterprise Jobs Fund to support social enterprises to scale-up activities and create training and employment opportunities. This was announced in the 2020–21 State Budget.
The Social Enterprise Jobs Fund will support the sector through 3 key tiers of activity:
- Social enterprise capacity and capability development – support for the Queensland Social Enterprise Council (QSEC) as a sector peak body and provide grants to social enterprises and the sector to develop and grow.
- Social enterprise market development – promote procurement opportunities for social enterprises.
- Social enterprise finance – support access to finance and the creation of training and employment opportunities within social enterprises.
Initiatives under the Social Enterprise Jobs Fund will roll out shortly. We will work with QSEC and stakeholders to ensure that initiatives under the Social Enterprise Jobs Fund respond to the unique opportunities and challenges for social enterprise in Queensland.
Under the Social Enterprise Jobs Fund, social enterprises will share in $3 million in development and growth grants targeting new and established businesses and community and sector-wide development.