Social enterprise’s ‘rapid growth’ requires support, Summaries – National Business Review, New Zealand

Social enterprise’s ‘rapid growth’ requires support
Summaries – National Business Review, New Zealand, Business News, Dane Ambler, 03 Aug 2018

Social enterprise is an emerging business domain in New Zealand that involves talents assisting community organisations to attain their social objectives. Akina Foundation chief executive Louise Aitken predicts around 2000-2500 social enterprises are active in the country and University of Auckland innovation and entrepreneurship lecturer Jamie Newth opines the lack of regulatory framework for social enterprises makes it difficult to quantify. The funding for social enterprises is managed by Department of Internal Affairs in partnership with Akina Foundation. Blackrock chief executive Larry Fink backs social impact investment which provides positive social outcomes and better financial results. Chapman Tripp chief executive partner Nick Wells believes the idea of social enterprise synchronises with the business views of iwi. Michelle Sharp, chief executive of Kilmarnock highlights the way of fulfilling the funding requirements of companies categorised as social enterprise. Mentions: Thank you co-founder Daniel Flynn; Joseph Addison; Charities Aid Foundation; Business and Economic Research Ltd (BERL); Department of Internal Affairs; Strategic Group on Social Enterprise and Social Finance; Voluntary Sector Minister Peeni Henare; Strategic Group on Social Enterprise and Social Finance; Social Enterprise UK; SMEs; Todd and Tindall foundations; Sam Stubbs, former chief executive of Tower Investment; Simplicity; The Neonatal Trust; Salvation Army; Young Enterprise; Graeme Dingle Foundation; Eat My Lunch founder Lisa King; TOMs shoes; Chef Michael Meredith; Anzac; Barack Obama; FMCG

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