Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Will today’s NGOs become tomorrow’s social enterprises?


9 August 2018

‘Social enterprise’ is the buzz word right now, and new ones are popping up everywhere.

Some are getting amazing results, from Eat My Lunch delivering lunches to kids in schools, to Indigo & Iris working with Fred Hollows, Trade Aid finding markets for producers in developing countries, and Good Travel (making tourism a force for good).

Not-for-Profits (NGOs) may look on in envy at many of these self-sustaining organisations who avoid the fundraising events, the complicated government grant processes, the charity shops and the expensive public fundraising campaigns.

But how transparent are social enterprises about their development outcomes? Should they be required, like NGOs to prove they make a difference?

NGOs may become more like social enterprises in the future, as public donations and government funding declines, and there is more competition from ‘for-profit’ organisations to ‘do’ development.
But social enterprises aren’t necessarily a silver bullet for NGOs looking to increase revenue or development impact. It takes a lot of energy to make a social enterprise work commercially, and given NGOs are often stretched, taking on a social enterprise to raise revenue could mean they have to cut back on their ‘real’ work.

How can NGOs and social enterprises work together to help people, and what are the ‘hybrid’ models emerging? What can they learn from each other?

CID Talk (co-hosted with the ?kina Foundation):

What: What can social enterprises learn from each other and what’s the difference?
Where: Sustainability Trust, 2 Forresters Lane, Te Aro, Wellington
When: Friday August 10. Midday-2pm
Who: Facilitated by Guy Redding, ?kina’s Director of International Development.

Panellists: Jackie Edmond, Family Planning NZ; Louise Aitken, ?kina Foundation; Denise Arnold, Cambodia Charitable Trust; Bonnie Howland, Indigo&Iris; Eliza Raymond, GOOD Travel; Michelia Miles, Trade Aid; Philip Squire, Sustainability Trust.


ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Collecting Scalpers: Commerce Commission To Sue Viagogo

The Commission will claim that Viagogo made false or misleading representations: • that it was an “official” seller, when it was not • that tickets were limited or about to sell out • that consumers were “guaranteed” to receive valid tickets for their event • about the price of tickets... More>>

ALSO:

Price Of Cheese: Fonterra CEO Goes Early After Milk Price Trimmed

Aug. 15 (BusinessDesk) - Fonterra Cooperative Group chief executive Theo Spierings is leaving the role early after the world's biggest dairy exporter lowered its farmgate payout and trimmed its dividend to retain cash. More>>

ALSO:

9.2 Percent: Gender Pay Gap Second-Smallest On Record

This is the second-smallest gap since the series began 20 years ago. In comparison, the gender pay gap was 9.1 percent in 2012 (the lowest on record) and 9.4 percent last year. More>>

ALSO:

Forest & Bird: Report Find Council Failures On Effluent

The report exposes significant inconsistencies and gaps in how regional councils are enforcing the rules around dairy effluent management. More>>

ALSO:

Mana In Mahi: Helping Young New Zealanders Into Work

Thousands of young people will be given the chance to gain valuable qualifications and meaningful work under the Mana in Mahi – Strength in Work scheme launched by Prime Minister Jacinda Ardern today. More>>

ALSO:

Reserve Bank: Official Cash Rate Unchanged At 1.75 Percent

The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and into 2020, longer than we projected in our May Statement. The direction of our next OCR move could be up or down. ... More>>