A Guide for Fund-Seeking Social Entrepreneurs
This guide aims to prepare the founders of social enterprises in securing external funding that is required to scale and expand their businesses.
Is my business a social enterprise?
A social enterprise is one of the many types of entrepreneurial ventures in the world, but what is it exactly?
In the simplest terms, a social enterprise is any business with social objectives. A social venture exists at the intersection of a traditional volunteer charity and a private commercial company, where it seeks to maximize not only profits but social impact as well. Common examples around us are your neighborhood’s food co-op store, the Salvation Army family store, and coffee shops that hire employees from disadvantaged communities. Instead of paying dividends to shareholders, these businesses reinvest their generated profits back into their social goals. As a result, social ventures can be non or for-profit as long as their main purpose lies in promoting social change or environmental well-being.
Social Enterprise Funding Options in HK
If you are a social enterprise with goals revolving around sustainability, social innovation and environmental protection, here are the funding options available for you in Hong Kong, curated by FundFluent:
Early-Stage Social Enterprises
- Impact Incubator
- Good Seed to fund product development
- Innovator Farm – Prototype to fund market launches
- Innovator Farm – Start-Up for social innovation projects
- BEHub – Prototype to fund underprivileged social entrepreneurs
- BEHub – Start-Up
Post-Revenue Social Enterprises
- GTF (Green Tech Fund) to fund green tech R&D
- The Innovation and Technology Fund for Better Living
- Recycling Fund – Enterprise Support Programme
- ECF (Environment and Conservation Fund) to fund environmental conservation projects
- SADF (Sustainable Agricultural Development Fund) to fund sustainable agriculture R&D
About FundFluent
FundFluent is a data platform that helps small businesses access funding. The platform brings the opportunities for grants, loans, and financing visible in one place.
Small businesses, startups, social impact businesses, and nonprofits are using FundFluent to get matched with funding options, as it also helps with structuring your documents and data for easier funding applications. Access Hong Kong’s most extensive list of small business-friendly funding options now!
How to get started
Accessing funding information and checking eligibility is a free service on the FundFluent platform.
- Create your free account here – link
- Browse funding options
- Submit information or documents to check for an eligibility check
- Access funding, grow your business
The team is always happy to chat, and you can contact them on WhatsApp directly here.
More guides for fund-seeking entrepreneurs:
- Guide to the Different Stages of a Startup
- A Startup Founder’s Checklist for Early-Stage Fundraising
- Guide to Startup Funding Options in Hong Kong
