Social Enterprise Development
Social Enterprise Development (SED) has become increasingly important for three main reasons:
- Creating opportunities for social pensioners to generate additional monthly income for themselves and their families, and for social cohesion
- Generating income and sustainability for NOAH. An NPO’s ability to generate its own income has not only become necessary, but critical in a tough fiscal environment.
- Changing perceptions: in an ’anti-ageing’ world few people have a positive view on ageing and even less believe that social pensioners are able to make a contribution to society, let alone the economy. Yet, SED de-bunks this myth and we are seeing “poor” social pensioners turning their lives around through income generation. Not only does it provide them with extra income, it also contributes to the costs of the Centre, their families and the local community
NOAH has seven SED projects: