Hello! Week 4 already, 1 month has passed!!!
So anyway, I picked an article titled "Social enterprises 'a key priority'"
It sounds so positive and happy, makes ya hopeful for the future, no?
Do click and have a read, 90s The Candy Studio was featured in the article, like their FB page!
The candy shop was started by 3 students from Nanyang Polytechnic, who hires hearing impaired individuals.
They just started in August this year and I always get inspired when I hear of success stories such as this. They are located at Bugis, really prime location for sale since so many youths frequent that area.
Anyway, you can find out more about their business from their website!
The article talks about the increase support for social enterprises from both the public and private sector. In a reading article Mr Damien shared, it mentioned that social enterprises are forming the 4th sector. The public sector being the traditional businesses and the private sector being the NGOs etc. It is great and important that people from these two sectors are being involved in the formation and strengthening of the 4th sector since its like a mix of them both.
I think what SEA is doing is really good, organising events such as Social Collab which provides a platform for social entrepreneurs, businessmen and government representatives to meet. We should have went you guys!!!!
Such events are essential for fostering greater understanding and cooperation about all these different players in the economy. If we want the social sector to grow it is important that we have the support from all these bigger partners as they have the resources and influence.
At this year's Social Collab, Acting Minister for Social and Family Development Chan Chun Sing mentioned that he hopes "that more businesses could take the lead in working with social enterprises, in addition to the "broad-based support" the Government provides."
Well, don't we all hope that there will be more of such collaborations as well?
But from a businessmen's standpoint, what does he have to gain? What are his incentives?
I believe very few companies would be so kind or have the time to spare to impart industry skills to social entrepreneurs.
In the article, Ms Siti mentioned "It's a two-way learning experience. We learn from them and they learn from us.""
If only more business people would see the value in social enterprises, and adopt such a mindset, i think we would be able to see a greater increase in businesses such as 90s The Candy Studio.
References
Social enterprises 'a key priority'. Asia One. http://www.asiaone.com/A1Business/General%2BNews/Story/Social%2Benterprises%2B%2527a%2Bkey%2Bpriority%2527.html Retrieved on 8 November 2012
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