An employee makes coffee at a restaurant in Mong Kok, Hong Kong, that serves Singaporean hawker food prepared by staff with mental and physical disabilities. Financing any start-up carries risks, but the rewards are great. There is room for philanthropists and corporations to help plug the funding gap for social enterprises. Photo: Winson Wong
Mehvesh Mumtaz Ahmed
Opinion

Opinion

The View by Mehvesh Mumtaz Ahmed

Social enterprises are needed more than ever amid Covid-19, and Asia is the perfect place for their growth

  • Social enterprises, which try to meet social needs through a for-profit business model, are often at the forefront of social innovation
  • The region, with its vast wealth and extreme poverty, must tap its considerable resources in philanthropy and investment funds to support innovative business ideas for wider benefit

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An employee makes coffee at a restaurant in Mong Kok, Hong Kong, that serves Singaporean hawker food prepared by staff with mental and physical disabilities. Financing any start-up carries risks, but the rewards are great. There is room for philanthropists and corporations to help plug the funding gap for social enterprises. Photo: Winson Wong
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