Financing Solutions
Enhance Access to Financing for Social Enterprises and develop new funding methods to sustain Social Enterprise Development
GOALS
Grant Funding
SEs have access to various grants that support their activities, from government, donors, foundations, and private company corporate social responsibility (CSR) departments
Commercial Credit
SEs have access to commercial credit at reasonable interest rates. Many impact investors provide funds for different ranges of capital needed. There is a mature multi-finance institution industry that provides affordable credit and credit guarantees.
Gaps and Opportunities
in Sarawak Digital
Emergence of microfinancing for Social enterprises
but unsure of its reach in Sarawak
Crowdfunding opportunities can be further explored and included in the ecosystem conversation
Little corporate sector awareness and involvement in the financing of social enterprises across all growth stages
Where financing available it is not flexible enough to consider the different actual needs of the SE
Financing for social innovation (at point of ideation) and pre-commercialization initiatives is limited and inhibits the creation of a larger pool of Social entrepreneurs at very early-stage and early stage
Key Strategies
