Social Enterprise & Social Finance: A Pathway to Growth

Over the past year I’ve been part of a strategic group brought together to provide advice to the New Zealand government to grow social enterprise and social finance. The group met about ten times over the past year to produce the report, which was released at Parliament on the 11th October 2016. It was a huge honour to be part of this process!
 

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Download the full report here.
 

The report supports social enterprise as an innovative and viable mechanism to drive economic prosperity in New Zealand, with proposed actions for government and other sectors to address a range of barriers for social enterprises and investors.

“While there are a number of examples in New Zealand at the moment, other countries are reaping a growing number of benefits as a result from investment in social enterprise. For instance, in Scotland, social enterprises now contribute more than 112,000 jobs to the economy while also providing a wide range of services and positive social impacts for communities.”

Priority actions proposed for government include support for specialised business development services for social enterprises, and collection of core data on social enterprises.

The report gives us a common framework which we hope will stimulate initiatives from central and local government, philanthropy, investors, corporates and social enterprises on how to accelerate growth and investment in this market.

The strategic group, convened by the Department of Internal Affairs, comprises members from philanthropic and non-government organisations, with academic, iwi and local government representation.

Members of the Group

  • John McCarthy, Tindall Foundation
  • Diana Suggate, Department of Internal Affairs
  • Liz Gibbs, Philanthropy New Zealand
  • Terri Eggleton, BayTrust
  • Alex Hannant, Ākina Foundation
  • Guy Ryan, Inspiring Stories
  • Wayne Vargis, Te Rūnanga o Ngāi Tahu
  • Michelle Sharp, Kilmarnock Enterprises
  • Karyn Stillwell, Wellington City Council
  • Jeffrey Stangl, Massey University