[APD 2018: Social Enterprise Insight build up SE ecosystem in Taiwan] SE Insight

Category: 
East Asia
Class: 
Social finance

Presented at: Asia Policy Dialogue, Regional Dialogue Group 2. Northeast Asia, Seoul 2018

Organisation: SE Insight, Taiwan

Date: July 6th, 2018 

Presenter: Mr. Michael Chen (General Manager) 

Contact: michael@seinsights.asia 

Summary: 

  • SE initiations(potential or existing social entrepreneurs) < SE supporters(Support the bubject via personal consumption) < SE followers(Eager to understand the subject)
  • Social enterprise insights in Taiwan: Social enterprise started in 2012 and wants to bring out awareness of a lot of media things introduce the case to audience. SE things in Taiwan is like at approach level. We need to develop things, encouraging the consumers to buy social good. For those, young people and professionals, require them to join SE. Our government takes a lot of reference from the world including SK and seek for top down effect as a little controversial because concept of SE is different definition.
  • Social finance for SE in Taiwan:
  1. step1 idea stage; wish to solve the social issues by the schools, government, corporates, foundation
  2. step 2 organization stage; grants applciation, etc. loan and crowd-funding.
  3. Step3 investment stage; make more money. engage more angel investors and venture capitals. there is only 3-4 capital banks
  • Social finance for social enterprises in Taiwan starts with idea stage, organization stage and into the investment stage. 
  • We need to develop things, encouraging the consumers to buy social goods. For those, young people and professionals, require them to join SE. So far, government has started to have SE promotion act. Taiwanese government takes a lot of reference from the world including SK and seek for top down effect. However it is a little controversial because concept of SE is different definition or group. They don't want to have concrete definition of SE. Awareness is needed to be increased for the topic.
  • Taiwanese government notices that SE might not be so limited field. Policies are more like social innovation in this way since the UN cross each country for SDGs actions. Government is using those actions and convincing it with the concept of SE.