Back with an opinion on another article! This time it isn't about what social enterprises are doing for people but rather what is being done for social enterprises. Reading this article, i felt happy that even though the thought of social enterprises was not explored until recently, people are still very supportive of the idea and help them in any way they can. Two social enterprises were offered grants by the Singapore Centre for Social Enterprise (raiSE). raiSE itself was officially opened very recently on 27 May 2015 by President Tony Tan.
Two social enterprises, one of which helps migrant workers integrate into society, Social Development Initiative Academy (SDI), and the other is Society Staples that conducts fitness programmes connecting people with disabilites and society attained a grant of $50 000 and $25 000 respectively. raiSE will also be giving advisory services and other resources. At the event, Minister Teo Ser Luck was present and said that many public and private sector partnerships are vital in expanding the social enterprise sector which is young and still new.
In my opinion, I think that this is a really good for many of the social enterprises in Singapore. As said by raiSE executive director Alfie Othman, "Running sustainable businesses that create social impact is challenging, even for mature enterprises. raiSE is keen to support aspiring young social entrepreneurs who want to make a difference in the community" Therefore, it is important to have such organisations to help more social enterprises come up and develop themselves. It is also a good encouragement for social entrepreneurs that their businesses would be well supported and bring forward their mission. It is good that Singapore is becoming increasingly supportive of Social Entrepreneurship. It will greatly help those who are just starting out.
Social Enterprises have a good cause and the mission to make a change in society. I think that this is greatly admirable even though there are risks involved in starting up an enterprise. Hopefully, with more social enterprises there will be a larger impact on society.I'm happy and feel encouraged that Singapore is being rather supportive. I think that co-ordination is vital in order to be able to achieve the best results.
In conclusion, I thought that it was nice that there was an organisation to help enterprises help others instead. It creates a more inclusive society and also is heart-warming to know how much people care and are willing to do to make things work. I would like to see more of such incidents!
References:
Choo, F. (June 15, 2015) '2 social enterprises picked for grants' The Straits times. Retrieved from
http://news.asiaone.com/news/singapore/2-social-enterprises-picked-grants
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