Better support policies for social enterprises

Singapore

SOCIAL enterprises are alive and thriving and policymakers are increasingly recognising the opportunity to build a new economy - one that creates not just economic, but also inclusive and sustainable growth. Yet, strong and specific policy support for a better business environment for social enterprises (SEs) has been slow in taking shape, although attempts have been made with varying degrees of success in Europe and Asia.

Historically, Europe and in particular the United Kingdom have been at the forefront of the social enterprise movement. But policy influencers and social entrepreneurs point out that Asian states could do better with stronger policy support.