The Government of Nova Scotia announced on April 12 that they will be working with the Social Enterprise Network of Nova Scotia to help more social enterprises start and expand.
A social enterprise is a business operated to address social, cultural, environmental or economic challenges. Most profits are reinvested to support that purpose.
The Nova Scotia Social Enterprise Sector Strategy 2017, developed by the Social Enterprise Network, aims to build business skills, enhance access to financing, expand market opportunities, promote and demonstrate the sector’s value, create a supportive policy and legislative environment, and build a strong network.
The Government’s plan, Advancing Social Enterprise in Nova Scotia, identifies actions it will take to help advance social enterprise with the sector. An initial $200,000 investment will support two projects:
- developing a portal where entrepreneurs can access resources and training, and
- conducting research into the economic and social value created by social enterprise
These strategies were developed based on the work of the Social Enterprise Council of Canada, and with input from social entrepreneurs, associations, government departments and other Nova Scotians.
“The Social Enterprise Network of Nova Scotia is thrilled that our government, through its framework, has recognized the value and power of social enterprise. These businesses are transforming communities and contributing to the social, cultural, environmental and economic well-being in every corner of the province."
~ Cathy Deagle-Gammon, president of the Social Enterprise Network of Nova Scotia.
SOURCE: The Government of Nova Scotia