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NSW reaches social enterprise agreement with non-profit body

Adrian Flores
Adrian Flores
13 August 2020 1 minute readShare
social enterprise agreement

The NSW government has signed an agreement with a non-profit organisation that will make it easier for its departments to secure goods and services from certified social enterprises.

In signing the agreement with Social Traders, Minister for Finance and Small Business Damien Tudehope said departments will be able to use their procurement spend to support social enterprises and create employment opportunities for community members most impacted by COVID-19.

“Social Traders certifies and maintains a list of entities that meet recognised social enterprise requirements, and NSW government departments can now access and use this information to increase the social impact of their procurements,” Mr Tudehope said.

Minister for Families, Communities and Disability Services Gareth Ward said the agreement would support businesses and benefit the community.

“Social enterprises provide meaningful employment and significantly enhance the social and economic participation of disadvantaged people across our state,” Mr Ward said.

Social Traders managing director David Brookes said he was excited to welcome the NSW government to the growing community of business and government buying from social enterprises.

“Social enterprises are businesses like any other, but they exist to support the most vulnerable in our communities,” Mr Brookes said.

“These enterprises have a particularly unique role to play in the COVID-19 economic recovery by creating jobs for the most vulnerable who have fallen out of the job market.

“The potential to support disadvantaged people in NSW by allocating some of the NSW government’s procurement spend to social enterprise is enormous.”

NSW reaches social enterprise agreement with non-profit body
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Adrian Flores
Adrian Flores

Adrian Flores is the deputy editor of MyBusiness. Before that, he was the deputy editor for SMSF Adviser as well as features editor for ifa (Independent Financial Adviser), InvestorDaily, Risk Adviser, Fintech Business and Adviser Innovation.

You can email Adrian at [email protected].

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