Social procurement success: what it takes – audio
Toowoomba’s most recent social enterprise, Vanguard Laundry Services brought to life by social entrepreneur Luke Terry, exemplifies what is required to benefit from social procurement opportunities.
Summary
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- Social procurement needs to be leveraged by entrepreneurial capacity to create a social enterprise that is sustainable and capable of providing lasting social impact.
- Luke Terry’s experience creating Vanguard Laundry Services demonstrates the challenges and how to overcome them.
- Four requirements to benefit from social procurement are: entrepreneurial skill coupled with the motivation for social impact, a demand driven approach (or winning a contract without a business), capacity for business development and the commercial experience to be contract ready.
Presenter: Karen Prout
Contributor: Alex Oppes
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