Inside Struggles of Social Enterprises
What many investors are looking for nowadays is beyond mere monetary gains, investors want to invest in something in return for more than numbers, but quantified impacts. The Annual Impact Investor Survey 2018 from Global Impact Investing Network estimated that $228 billion have been invested in impact, doubles the previous year. But if you have a good idea to serve the society for the better, would you have the courage to start a social enterprise when you know the above amount of impact investment?
Creating Shared Value
Creating Shared Value is a concept originated from Harvard business review article called “Strategy & Society” by Harvard Business School professor Mark E. Porter and entrepreneur Mark Kramer in 2006. The concept revolves around businesses using innovation to focus on increasing the economic value for the company as well as fulfilling societal needs in order to achieve success and legitimacy within societies. Companies need to identify and cater to pressing social issues while maintaining profits and maintaining trust within the society as companies are dependent on each other and the society to mutually succeed.
5 ways SOW Asia can help your social enterprise
SOW Asia is a Hong Kong based charitable foundation that aims to support start-up social enterprises scale their social and/or environmental impact. SOW Asia was founded in 2009 by Darius Yuen who left the banking industry to tackle the world of venture philanthropy through the application of business disciplines for the betterment of society.
We aim to build an environment in which social businesses gain further industrial knowledge and understanding to help their innovations flourish. We have currently supported over 60 social enterprises over the years, some of which have partnered with SOW Asia and receive direct or equitable financial investment, whereas other social enterprises who have completed the accelerator programme continue to receive non-financial support from SOW Asia.
SOW Asia aims to provide the very best tailored support to the social enterprises who reach out to us. Here are 5 ways SOW Asia can help your social enterprise achieve their business objectives:
9 things to include in your pitch to make it strong and memorable
All social enterprises encounter the need to deliver a pitch at some point of their business in order to expand and grow. Whether this pitch is to get funding from potential investors, to gain the attention of potential partners, or for other purposes, delivering a good pitch is sometimes all that it takes to access these opportunities. Here are 9 things to include in your pitch to make it strong and memorable: