New ‘innovation space’ opened for budding social entrepreneurs
$200,000 Lotterywest cheque to help with fit-out
The State Government has thrown its support behind a unique social enterprise hub in the heart of Perth city, which will work to foster innovative start-up businesses.
Community Services Minister Robyn McSweeney last night gave a $200,000 Lotterywest cheque to Social Innovation in Western Australia (SiiWA) to help furnish its new innovation hub.
SiiWA’s Spacecubed Innovation Space, located at 45 St Georges Terrace, is a 500sqm office space which will offer support, mentoring and resources to budding entrepreneurs.
It is designed to bring aspiring social, environmental, technology and creative businesses together with Government, corporate and not-for-profit organisations to explore new ideas and business models for addressing the big social issues.
The centre will also act as a facilitator for projects that will be funded through the Government’s $10million Social Enterprise Fund launched in April.
Mrs McSweeney officially opened the centre last night, which is also supported by Stockland and Northerly Group.
“This wonderful space shows that corporations in Western Australia are stepping up and showing strong social responsibility and leadership to work with not-for-profit organisations to tackle important social issues,” she said.
“Issues likely to be explored inside these four walls could range from homelessness to mental health, volunteering and environmental education.”
Social Enterprises are organisations that:
trade to fulfil their mission
derive a substantial portion of their income from trade
re-invest the majority of their profit/surplus into the fulfilment of their social mission.
The $10million Social Enterprise Fund is working to strengthen social enterprises in WA. Eligible, not-for-profit organisations are encouraged to apply at any time.
Social Innovation in WA was established in 2010 to support entrepreneurs, communities and businesses deliver social good through innovation.
Minister’s office - 6552 6500
Photo caption: Social Innovation in WA’s managing director Brodie McCulloch accepts the Lotterywest $200,000 cheque from Minister