The Rise of the Social Enterprise

While it has been around for a while, social entrepreneurship is now well and truly entering the mainstream.

Ten years ago ‘social enterprise’ was still on the fringe, predominantly known only by discerning optimists and academics. Today, a Google search of the term returns over 6.5 million results.

In Australia, there are over 20,000 social enterprises, contributing approximately 2-3 per cent of Australia’s GDP and employing up to 300,000 Australians.

Source: Untapped Potential: Philanthropy and Social Enterprise