It is reported that combined assets among high net worth individuals in the Southeast Asia region total $10 trillion. Avantage Ventures, a social investment and advisory company in Hong Kong and Beijing, estimates that if one percent of all investments with Asian interests were dedicated to impact investing, it would be enough to support the funding needs of social enterprises in Asia.
For a region where millions lack essential access to education, clean water, and other essential services, the need to mobilize capital is urgent. Given this scenario, The Rockefeller Foundation announced that it has set up the Impact Economy Innovations Fund (IEIF) for Southeast Asia.
This isn’t the first time The Rockefeller Foundation created such fund. Earlier this year, they teamed up with Dasra and Omidyar Network to launch the India Impact Economy Innovations Fund.
How many social enterprises have the ability to create 1,000 new apprenticeships, or jobs of any kind over the next couple of years? I suspect the answer is that few have the aspiration, and none the ability. Making a difference to the disadvantaged has become interesting to multinational corporations.
How is your social enterprise going to compete with that?
We've already seen swathes of small but worthy social enterprises steamrollered into submission, if not squashed out of existence. The work programme is just one example of the way public sector service commissioners prefer the convenience of a single corporate contract to managing a plethora of little organisations working in the same patch.
Many nonprofits continue to use their brands primarily as a fundraising tool, but a growing number of nonprofits are developing a broader and more strategic approach, managing their brands to create greater social impact and tighter organizational cohesion.
AP Photo/Austin American-Statesman, Deborah CannonJohn Mackey, co-CEO of Whole Foods, speaks during a session titled "Conscious Capitalism: Liberating the Heroic Spirit of Business" at the SXSW Interactive Festival in Austin on Sunday, March 10,...
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Article Highlights:Social Entrepreneurship has changed the way social change takes place.The change has three primary differentiating features: the blurring of the demarcation of profit and non-profit; the emphasis on impact and efficacy; and the sense of urgency and need to scale.
During the event, with many student attendees wanting to learn more about social entrepreneurship and innovation, an audience member raised a question that delved into corporate social responsibility (CSR) – Is a company ...
"There are some 62,000 [social enterprises] in Britain today, contributing more than £24bn to the economy and employing nearly one million people," according to Conservative peer, Baroness Byford, speaking in the House of Lords in June 2012.
MarketWatch (press release) Whirlpool Corporation Honored For Reputation And Corporate Citizenship PR Newswire (press release) BENTON HARBOR, Mich., April 16, 2013 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) has been recognized as a 2013 Top...