Business accelerator supporting social enterprise
Ambitious social entrepreneurs are being supported to “dream bold, deliver impact and change tomorrow” as the next round of the Impact Academy accelerator program starts this month.
The Impact Accelerator is a comprehensive 20-week program dedicated to supporting start-ups and early-stage entrepreneurs achieve sustainable and scalable impact.
Entrepreneurs in this program will be further supported with a move to new Brisbane premises on the back of a recent partnership with Chamber of Commerce and Industry Queensland (CCIQ).
CCIQ recently announced the launch of Collaborate, where selected businesses focused on solving the problems of business are supported through the BlueChilli accelerator program.
The Impact Academy partnership further compliments the CCIQ organisational strategy for being a key driver of economic and social prosperity in Australia.
Small business, now including social enterprises, will be able to access comprehensive advice, relevant services and essential tools at every stage of their life cycle.
Impact Academy recently partnered PWC, who have committed to supporting the growth of social enterprise, particularly in the fields of Science Technology Engineering and Mathematics (STEM).
The Impact Academy accelerator is purpose-designed to offer selected social entrepreneurs the opportunity to rapidly accelerate their individual commercial acumen and advance the growth of their social enterprise ventures.
Impact Academy Founder and Managing Director Peter Ball said it was already off to an encouraging start.
“The swell of interest at a local level is growing strongly and the energy that continues to build will ensure these enterprises have the greatest chance for success,” he said.
“This support from CCIQ enabling Impact Academy to partner in the Collaborate model is very encouraging.”
Mr Ball said social enterprise was certainly not a new concept, however it had emerged rapidly around the world in recent years achieving recognition and support from leadership across all sectors, including corporate, government, philanthropy, academia, non-profit and consumer markets.
CCIQ CEO Stephen Tait said the two organisations combined perfectly.
“CCIQ and our members know the benefits that businesses bring to the community, where business growth goes hand-in-hand with positive social impact,” he said.
“Working with Impact Academy gives CCIQ the opportunity to help develop a generation of entrepreneurs, business owners and leaders who can build social ventures creating businesses and improving Queensland society.”
Mr Ball said since its inception in August 2014, the Impact Academy had successfully supported 29 outstanding social enterprises through Impact Accelerator.
“These enterprises bring innovative business models to the cutting edge of social change, across a wide range of issues, including education, health, indigenous, disability, the environment, homelessness, youth and seniors,” he said.
A further 12 enterprises start this month in what will be the fourth Impact Accelerator program.