Social Enterprise Programme is a programme that supports organisations known as social enterprises. Social enterprises employ business strategies to meet social and environmental needs and make a positive impact in their communities.
In China, where the British Council operates as the Cultural and Education Section of the British Embassy and British Consulates-General, our programme has “played an instrumental role in fostering the emergence of China’s social enterprise sector,” according to a study, China Social Enterprise and Social Impact Investment Development Report, which was presented at the Boao Forum.
In 2013, the British Council and its partners launched a pioneering Social Investment Platform to promote social impact investment and provide training and funding opportunities to outstanding Chinese social enterprises.
In its first year, the Platform offered RMB 9 million in equity investments, bond investments, and loans with no or low interest and incubation support to 15 outstanding Chinese social enterprises selected from a pool of 268 applicants through a multi-stage competition.
In its second year (2014-15), the Social Investment Platform will bring together nine partners offering more than RMB 10 million in investment, grant funding and incubation support to social enterprises from both Mainland China and Hong Kong selected through the competition. In addition, Thomson Reuters Foundation will provide pro-bono legal services to all the winners who meet its criteria.
How to apply
Applications are open from 1 September to 28 October 2014. The application system will be closed 24:00, 28 October.
The Social Investment Platform is open to social enterprises and other social sector organisations with established business models as well as commercial businesses with clear social objectives.
Five social investors on the platform are interested in investing in Hong Kong-based projects. For more information, please visit the social investor page. If you are from Hong Kong and want to apply for their funding, you can either submit application in Chinese or English.
For more information about the application, the selection process and other FAQs, please download the guidance in the bottom of the page.