Our programme with NESsT supports social enterprises to create dignified jobs and sustainable income for marginalized groups.
Around the globe, vulnerable populations face numerous barriers to employment including social exclusion and discrimination, violence, distance from job centres or lack of preparedness for jobs. This often prevents them from leading quality lives and accessing fair and safe employment opportunities. In 2018 alone, there were more than 172 million unemployed people worldwide, with significantly higher unemployment rates among women, youth and people living with disabilities.
As part of our new strategy focused on the creation of fair and sustainable employment, we are collaborating with NESsT to improve the livelihoods of 500 individuals facing barriers to employment, through tailored business support and financial capital to five growing social enterprises. Three of these social enterprises (two in Brazil and one in Chile) have already been supported in the frame of our partnership with NESsT in 2017 – 2018, leading to the creation of more than 150 employment opportunities. The remaining two enterprises will be selected with NESsT in 2020 and 2021 respectively.
The project will aim to scale-up these social enterprises while increasing their managerial and financial viability, in addition to multiplying their social impact and job creation prospects. NESsT will provide the enterprises with management coaching, technical support and access to tailored financing.
The social enterprises currently in our portfolio are the following:
- Sustainable Fishery Trade (SFT, Chile) trains small fishing communities to implement sustainable fishing practices and in turn, works to improve their livelihoods by connecting connects these disenfranchised suppliers to top restaurant and retail clients, thereby improving their livelihoods.
- Consolidar Diversidade (Brazil) promotes the socio-economic inclusion of persons living with disabilities (PWDs). The social enterprise works on both sides of the equation: on the one hand, it seeks to educate corporations through an online training platform on labour inclusion topics. On the other hand, it also provides job placement services to PWDs, connecting them to career opportunities with Consolidar’s employment partners.
- Pedala (Brazil) is a social enterprise that trains and employs at-risk youth as bike messengers. It operates as a logistics company that uses bicycles to provide more sustainable e-commerce deliveries in key Brazilian metropolitan cities.
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