The Good Business Foundation (GBF) has recently announced its partnership with ygap aimed at supporting inclusive business and entrepreneurship that results in reducing global inequality.

Under the partnership, the GBF and ygap will work together over the next three years to build inclusive entrepreneurship into traditionally mainstream business systems and networks, thereby allowing people previously marginalised and left out of the process to sit behind the driver's seat of their own future.

“Most practically this partnership will work in fostering entrepreneurship within new migrant and refugee communities here in Australia and work in places like Fiji and Kenya to back local entrepreneurs. It will support women led entrepreneurs and leverage ygap’s expertise in gender lens investing,” GBF Founder Mr. Peter McMullin and GBF Executive Director Mr. Stuart Thomson said in a joint statement announcing the partnership.

Established in 2019, GBF is a for-purpose organisation leveraging expertise, relationships and resources to further social and environmental good. The team behind GBF believe that investing in an equitable future is essential for both business and communities to thrive.

GBF Founder Mr. McMullin, who is also CACCI Vice President, believes that the private sector has an important role to play in the resolution of many of today’s pressing social issues. He has made a significant contribution throughout his career forging positive, constructive partnerships between the private sector and governments, the not-for-profit sector and educational institutions. In furthering these objectives, he has established GBF to look at engaging business in social good.

ygap is an international organisation that aims to create positive change by making entrepreneurship more inclusive.by increasing their capacity to run successful businesses and by reducing the barriers that inhibit access and inclusion within the entrepreneurial ecosystem Since 2008, it has run 57 programs that have supported 589 ventures working to make a social or environmental change in their communities. It has offices led by local teams in Africa, South Asia, the Pacific Islands and Australia.