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One10 Update
Australian not-for-profits take on the toughest social and environmental challenges we face as a nation. You are increasingly providing essential services to our communities on behalf of government, and perform important activities to create a more inclusive, equal and sustainable world. Not-for-profits are an integral part of Australian society and currently employ 10% of the Australian workforce, or more than 1 million people.
A couple of weeks ago I had the opportunity to attend the World Economic Forum on the Association of South East Asian Nations (ASEAN) in Kuala Lumpur, Malaysia. I was selected to be one of the fourteen Global Shapers (an initiative of the World Economic Forum with over 500 Hubs around the world) to represent young voices at the event. I applied to go because I wanted to know more about South East Asian nations due to their proximity to Australia.
As an engineer graduate I never envisaged myself going down an entrepreneurial path. I was keen to work within a large corporate and climb the career ladder. That person seems a million miles away from where I am today. I chose engineering for a few reasons, a strong one being the range of potential careers that you could have without being restricted to a certain field, but instead have transferable skills.
One10 has just started working with a social enterprise that gives you an excellent reason to follow through on your promises – Promise or Pay.
Promise or Pay’s vision is to inspire millions of people to be the best they can be and, at the same time, encourage and facilitate much needed donations for charity.
One10 Founder, Geoff Gourley has recently been selected as Innovation Mentor to the CSIRO Lean LaunchPad Accelerator.
I was sitting in another meeting with a potential investor last week. It was very much the same old spiel until the woman running it said something that really resonated: “We don’t invest in just anyone. We need to make sure you’re resilient.” That was followed up by a number of examples of resilience at work, in personal life, and during conflict and rejection.
The team at One10 was honoured to present today to a delegation of Government officials from the Philippines (many of whom were female – something we can learn from here in Australia!) organised by the Asian Development Bank.
On this special day, International Women’s Day, we are proud that our founder Geoff Gourley has been appointed as a Global Ambassador for Rare Birds. He is among 14 other incredible individuals, all working towards gender parity and supporting entrepreneurs.
Corporate Australia is critical to addressing social and environmental issues and improving the lives of those less fortunate. Many large corporations are well positioned to enable incredibly valuable and essential services to be delivered. In fact many are already delivering positive outcomes under existing Corporate Social Responsibility and Environmental programs.
How does one launch a social enterprise? What needs to happen for it to be considered a success? One10 has just hosted its launch party and we considered it to be a roaring success! So we thought we’d share how we put it together, as well as a big lesson we picked up along the way.
We knew that over the holiday season everyone had some time to wind down, step back from the daily busyness of work. So, we decided to dedicate some time to sharing the musings and inspiration this downtime gleaned
Haven’t you heard yet? One10 has officially launched!
On Friday the 11th the team gathered together to celebrate and share the news with the Australian Community.
We received a visit from Philip Dalidakis, Victorian Minister for Small Business, Innovation & Trade, who candidly remarked,
Organisations like One10 have an important role in building the [startup] sector’s capacity and developing innovative and technology based solutions to these problems.
We couldn’t have put it better ourselves!
By getting behind local startups, social enterprises and not-for-profits, One10 is looking forward to working with incredible people who are inspired and driven to tackle societal issues of today.
The excitement of the day was further elevated by the announcement of our sponsorship by Ernst & Young, which has agreed to work with One10 to provide services, experience, and connections to promote and improve the skills of its community and create new relationships that will help the startups achieve their goals.
You can read more about the launch by heading to:
Here’s a program to help more Australian companies emulate Kickstarter – By Josh Nicholas
Geoff Gourley launches One10, Melbourne accelerator dedicated to social enterprise startups – By Gina Baldassarre
Social enterprise incubator was only a matter of time for Geoff Gourley – By Mark Kearney
#News Great to see One10 Groups valued client ANC Delivers proud to announce a significant new funding agreement with the Australian Renewable Energy Agency (ARENA) to accelerate the electrification of their delivery fleet.
Social Enterprise Development Initiative (SEDI) Grants help social enterprises, including trading Indigenous owned or controlled organisations with a defined social benefit, grow their business, scale their impact and further their missions of creating positive social change.
Communities of Practice (CoP) are groups of peers who share a concern or a passion for something they do and learn how to do it better as they interact regularly (Goodhue & Seriamlu, 2021). Research suggests that learning is the main reason CoPs are established. Social learning and thinking together are key concepts in it. The collaborative learning process of ‘thinking together’ is one of the most meaningful elements of a CoP and what makes it work.
With over 20,000 social enterprises in Australia alone, there is immense potential for driving positive change through sustainable business models. However, many impact-focused ventures face obstacles in areas like measuring impact, raising capital, scaling operations, and securing revenue opportunities.
Many business owners, boards, and stakeholders may not realise they are already operating as a social enterprise. Social enterprises aim to have a positive community impact, not just maximise profits. According to CSI Australia, a social enterprise has an underlying mission of creating social or environmental change. This differs from a traditional business focusing solely on making money.
Eight Gippsland and Latrobe Valley purpose-driven organisations have been selected to undertake a twelve-week accelerator program being delivered in partnership between Federation University Morwell Innovation Centre and Social Innovator One10 Group.
The program seeks to build the capability and capacity of the social enterprise sector and support the participating organisations to scale their ventures and impact in the region.
The emerging Social Enterprise sector in the Latrobe Valley and Gippsland region is set to get a major boost from a new social enterprise accelerator program being delivered at the $17 million dollar Federation University Morwell Innovation Centre.
The 12-week program called ‘Acceleration for Social Enterprise’ will be delivered by leading Social Innovation organisation One10 Group in partnership with Federation University Morwell Innovation Centre and support the further development of the social enterprise sector and enterprises across the region.
One10 Group is pleased to announce our educational workshops for September, our 3-part Startup Essentials, is created by One10 and facilitated by Social Entrepreneur and Impact Investor, Geoff Gourley.
By signing up, you will take a huge step forward in progressing your knowledge of the startup essentials. Geoff will be supporting you through a journey toward becoming better founders and enable you to understand the essentials and be better placed to start and scale your venture.
These workshops cover a range of topics over an hour and a half period from 4:00pm-5:30pm each week.
Not a day goes by where you don’t read about company X or founder Y raising millions in equity investment for their startup venture or scale stage business.
Every week more ‘Funds’ are announced to support “women, indigenous, early stage, scale stage, sector specific, and there is currently 4,000 grants worth $50B listed on the GrantGuru website.
It can be competitive, confusing and really difficult to navigate and prepare yourself and your venture to attract funding, and we all know how important having sufficient cash is to support growth and scale.
Here at One10 we speak with founders and startups every day about investment, funding, pitching and grants, which is why we have created this specific Masterclass called “Funding Your Venture”.
This is such an important week in the calendar #NAIDOCWeek is an opportunity to celebrate the history, culture and achievements of Aboriginal and Torres Strait Islander people.
The 2021 theme, 'Heal Country', calls for stronger measures to recognise, protect and maintain all aspects of Aboriginal and Torres Strait Islander culture and heritage.
At One10 Group we join that call for action, and encourage others to do the same.
