Six Malaysian social enterprises have been awarded the Arthur Guinness Fund and British Council Social Enterprise Award. They will receive financial and business support of up to RM240,000 from the 2012 Arthur Guinness Fund in partnership with the British Council.
As part of this year long programme, they will receive between RM20,000 and RM40,000 each depending on whether they are start-up projects or ventures at a more advanced stage in their development.
We’re proud to help these six social enterprises succeed and at the same time help society change for the better in communities across Malaysia.”
“The Arthur Guinness Fund provides financial support with business mentoring to take projects and ideas to the next level. We’re proud to help these six social enterprises succeed and at the same time help society change for the better in communities across Malaysia.” Bruce Dallas, Marketing Director of Guinness Anchor Berhad.
Gavin Anderson, Country Director for British Council Malaysia added, “After a long process and very tough competition from many worthy applicants, the six social enterprises being awarded today were chosen because of their outstanding potential to make a tremendous impact on Malaysian society. They have the drive, determination and skills required to make extraordinary differences in their communities.”
32 social enterprise ventures were selected from nationwide road shows and were further whittled down to 21 semi-finalists. They were given business mentoring and training over the last two months of the competition.
The winners were chosen from a pool of 12 finalists who pitched their winning social business ideas to an expert panel of judges comprising of industry leaders and leading social enterprises. The six award recipients will undergo a six month 'incubation' period when experts will be on hand to provide them with necessary training and support to enhance their business knowledge whilst they create a positive social impact in the community.
The six winning social enterprises are:
- Penang Youth Club
- Biji-Biji Design
- Eats, Shoots & Roots
- Pink Enterprise
- Recorv Initiative
- EYE Project Management
Social entrepreneurs are people who seek to address a specific issue and try to meet the challenges in an innovative and creative way. The selected projects are committed to making a tangible impact by working to make society a better place for everybody.