Social enterprises use innovative business models to contribute to the economy by advancing social, community economic, cultural, and/or environmental needs. Operating in sectors such as tourism, construction, the arts, culture, fisheries, home care and social housing; social enterprises successfully operate in all regions of the province helping to create employment, reduce poverty, and develop entrepreneurial skills.
Increasing the number of social enterprises and enhancing services for existing social enterprises delivers on commitments to strengthen the province’s economic foundation. IET released the Social Enterprise Action Plan in 2018 with a goal to increase the number of social enterprises in Newfoundland and Labrador and enhance services for existing social enterprises in the province.
The five pillars that form the basis of the Social Enterprise Action Plan include:
- Policy Development;
- Business Skills and Organizational Development;
- Research and Opportunity Identification;
- Promotion and Awareness; and
- Access to Financing and Capital.
LINKS
For information please contact:
Randy Follett
Manager, Regional Economic Development
Tel: (709) 729-5435
Email: RandyFollett@gov.nl.ca