Providing deep support to 110 high‑potential social enterprises to both “do good” and “do good business”
13 January 2025, Shanghai – Standard Chartered Bank (China) Limited (“Standard Chartered China”) and Non-Profit Incubator (“NPI”) today jointly announced the launch of a new phase of 18‑month Social Enterprise Empowerment Programme. Targeting 110 high‑potential social enterprises, the programme will offer capacity‑building training, business development fund, and network matchmaking—helping these enterprises build commercial sustainability so they can both “do good” and “do good business.”
The focus of the initiative is on small and micro‑enterprises that combine public‑benefit missions with business operations—an important part of the real economy. These social enterprises pursue dual objectives of social value and economic return, offering innovative products and services to communities, especially disadvantaged groups, and aim to address social issues in a commercially sustainable way while enhancing public welfare. Building on a prior investment of over USD 900,000, the new phase will inject nearly an additional USD 400,000, expecting to benefit roughly 110,000 community members—particularly the elderly, people with disabilities, and rural children—by promoting employment among vulnerable groups, rehabilitation for disabled individuals, and elderly care. The programme will also introduce a rural revitalization module to support young entrepreneurial returnees in establishing rural micro‑shops that offer quality, affordable goods and diversify local rural economies.
