Southeast Asian nations are experiencing a burgeoning MSME and start-up ecosystem, a young workforce and growing interest in social entrepreneurship. However, despite fast growing wealth and having a strong culture of giving, Southeast Asia has not seen a significant uptick in strategic philanthropy from local funders. The non-profit and social enterprise sectors, while large in numbers, are still in variable stages of development and require access to sustainable financing and technical support and with foreign aid shrinking in these economies, local giving is critical to growth.
This session explores different approaches to unlocking philanthropic capital, as well as practical frameworks that local funders can adopt to create more impact and mileage for their capital.
- How can the flow of local mainstream capital be channeled into more innovative and resourceful modes of impact investing and strategic philanthropy?
- How can funders leverage on collaborative, multi-stakeholder funding approaches to plug significant gaps that are stifling progress?
- How can local capital providers play a more catalytic role to help local impact-driven SMEs and SEs build capacity and scale?