Vocabs of The Week
Published: 25.10.2023

Singapore has embarked on a mission to solidify its social enterprise sector into a robust social innovation ecosystem, The public-private-people (3P) sectors are heavily involved in the promotion of social entrepreneurship. The government has launched a series of initiatives to open doors for young social entrepreneurs, whereas financial giants in the private sector have contributed to funding for social innovation programs. 

Intermediary organisations are then tasked to smoothen cross-sector coordination and raise awareness about social enterprises. Collaboration from different sectors resulted in a system that supports innovation sustainably.

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