With the rise in popularity of ethical companies and social enterprises, coupled with a new generation of investors who are seeking investment with a focus on impact, we see innovative forms of investment and financing spurring innovation in the social sector. Collectively, the interactions between each of these domains give rise to the social economy which in turn contributes to a more inclusive, open and prosperous world.
The Social Economy and Investment Conference (SEIC) 2017 was borne out of the need to focus on systemic policy change in social financing, investment, procurement and innovation to unlock the full potential of the sector and develop Malaysia’s social economy. The conference was organized in partnership with National Innovation Agency of Malaysia, Malaysian Global Innovation & Creativity Centre and Youth Trust Foundation, and supported by World Bank.
Held on 13th and 14th March 2017 in Kuala Lumpur, the two day conference brought together internationally renowned industry experts and attracted an audience from the private and public sectors. The conference aimed to:
- Create a shared understanding between policymakers and influencers from different sectors of the benefits and potential impact on government, and civil society of developing a social economy.
- Explore the lessons learnt from countries which have implemented policy changes that have resulted in the development of their social economy and identify mutually beneficial collaboration opportunities.
- Develop the social enterprise sector so it can help foster more stable and prosperous societies by creating jobs, delivering beneficial impact and engaging young people, ultimately contributing to Malaysia’s sustainable development goals (SDGs).
- Explore innovative social financing and social investment models from around the world and the fiscal and social benefits to governments and civil society.