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Social Enterprise Business Opportunities and Funding Matchmaking Event Organized by the Small and Medium Enterprise Administration

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To create a favorable ecological environment for social enterprise innovation, entrepreneurship, growth and development, and to implement the Executive Yuan's "Social Enterprise Action Plan," the Small and Medium Enterprise Administration of the Ministry of Economic Affairs has commissioned KPMG Taiwan since 2014 (ROC year 103) to handle the "...

Small and Medium Enterprise Administration Social Enterprise Business Opportunities and Funding Matchmaking Event ⟦4 To create a favorable ecological environment for social enterprise innovation, entrepreneurship, growth and development, and to implement the Executive Yuan's "Social Enterprise Action Plan," the Small and Medium Enterprise Administration of the Ministry of Economic Affairs has commissioned KPMG Taiwan since 2014 (ROC year 103) to handle the "Social Enterprise-Type Company Environment Construction and Development Promotion Plan," in order to encourage corporate CSR, venture capital, angel investors, state-owned enterprises and foundations to invest in social enterprises or purchase social enterprise products. In 2015 (ROC year 104), eight social enterprise business opportunity and funding matchmaking events are planned, with the fourth scheduled to be held on September 16 at the Social Enterprise Co-working Space, featuring a special lecture on corporate social responsibility, social enterprise lightning talks, and one-on-one matchmaking conversations, to help social enterprises obtain business opportunities and funding injections. ⟦5 This social enterprise business opportunity and funding matchmaking event invited Yeh Yi-chang, Chief Secretary of Shih Hsin University, to give a special lecture on "Decoding the Social Enterprise DNA in Corporate Social Responsibility," explaining that in recent years there have been multiple corporate scandals and cases endangering food safety, and encouraging enterprises to fulfill their social responsibilities. At the same time, it responds to the Ministry of Justice's Agency Against Corruption in actively promoting concrete actions related to "corporate integrity" through anti-corruption policy planning, building consensus between the public and private sectors on universal values such as integrity, honesty and ethics, and thereby aligning our country with international anti-corruption trends; eight social enterprise representatives were also invited to give lightning talks introducing each company's core values, products and services, with one-on-one matchmaking conversations arranged to seek business cooperation opportunities with large enterprises. ⟦6 The social enterprise business opportunity and funding matchmaking event invited large enterprises such as Coretronic, Microsoft Taiwan, Fubon Financial Holdings, Chunghwa Telecom and 104 Information Technology, along with eight social enterprises including Eli International, Lin Xiang Liang Shi, Aiyijiaqin Social Enterprise, Silver Linings Global, Jiuxin Public Welfare, Happiness Fruit, and Feel Alive, to conduct one-on-one in-depth matchmaking exchanges, hoping to promote cooperation or integration between large enterprises and social enterprises through innovative business models, increase social enterprise product orders, expand product sales opportunities, inject more positive energy into the development of Taiwan's social enterprises, and fulfill the CSR value of large enterprises, creating a win-win situation of coexistence and shared prosperity with social enterprises. ⟦7 The first three "Corporate CSR and Social Enterprise Exchange Matchmaking Events" were held in June and August respectively, inviting heads of large enterprises or CSR executives to share, including Taipei 101 Chairwoman Song Wen-chi, Shunfa 3C Chairman Wu Jin-chang, and Cathay Financial Holdings Assistant Manager Liao Chang-chao; large enterprises that have participated include Cathay Financial Holdings, Unimicron, Taiwan Mobile, Taishin Financial Holdings, FarEasTone Telecom, Shunfa 3C, Taipei 101, Sinyi Realty, China Life, Acer Computer, and O'right, among others. Through the three main value pillars of "funding injection," "core business connection," and "corporate CSR resources," they conducted negotiations and further substantive cooperation with more than thirty social enterprises across Taiwan in areas such as product procurement, dedicated funding injection, land cultivation, cultural tourism, medical care, volunteer training and digital platforms. ⟦8 The subsequent fifth "Corporate CSR and Social Enterprise Exchange Matchmaking Event" will be held on September 21 in cooperation with the Economic Development Bureau of Taichung City Government at the Huizhong Building of Taichung City Government, allowing more social enterprises to seek business opportunities or obtain funding injections through funding matchmaking and exchange events. The Small and Medium Enterprise Administration of the Ministry of Economic Affairs will also continue to promote social enterprise-related policies, so that social enterprises can develop a healthier operating structure and exert greater social influence.

To create a favorable ecosystem for social enterprise innovation, entrepreneurship, growth and development, and to implement the Executive Yuan's "Social Enterprise Action Plan," the Small and Medium Enterprise Administration of the Ministry of Economic Affairs has commissioned KPMG Taiwan since 2014 (ROC year 103) to carry out the "Social Enterprise-Type Company Environment Construction and Development Promotion Project," in order to encourage corporations' CSR, venture capital, angel investors, state-owned enterprises and foundations to invest in social enterprises or purchase social enterprise products. In 2015 (ROC year 104), eight social enterprise business opportunity and funding matchmaking events are planned; the fourth is scheduled for September 16 at the Social Enterprise Co-working Space, featuring a keynote speech on corporate social responsibility, social enterprise lightning talks, and one-on-one matchmaking conversations, to help social enterprises secure business opportunities and funding.

This social enterprise business opportunity and funding matchmaking event invited Yeh Yi-chang, Chief Secretary of Shih Hsin University, to give a keynote speech titled "Decoding the Social Enterprise DNA in Corporate Social Responsibility," explaining that in recent years numerous corporate scandals and food safety incidents have occurred one after another, and urging enterprises to fulfill their social responsibility. At the same time, it responds to the Agency Against Corruption of the Ministry of Justice, which, through integrity policy planning, actively promotes concrete actions on "corporate integrity," building consensus between the public and private sectors on universal values such as probity, integrity and ethics, thereby bringing our country in line with the international anti-corruption trend; eight social enterprise representatives were also invited to give lightning talks introducing their companies' core values, products and services, with one-on-one matchmaking conversations arranged to seek business cooperation opportunities with large corporations.

The social enterprise business opportunity and funding matchmaking event invited large corporations such as Coretronic, Microsoft Taiwan, Fubon Financial Holding, Chunghwa Telecom and 104 Corporation to conduct in-depth one-on-one matchmaking exchanges with eight social enterprises, including ELIV International, Linxiang Liangshi, Aiyijiaqin Social Enterprise, Silver Linings Global, Jiu Xin Public Welfare, Happiness Fruit Food and Feel Alive, hoping to encourage large corporations and social enterprises to cooperate or combine through innovative business models, increase social enterprise product orders, expand product sales opportunities, inject more positive energy into the development of Taiwan's social enterprises, and fulfill the CSR value of large corporations, creating a win-win situation of coexistence and shared prosperity with social enterprises.

The first three "Corporate CSR and Social Enterprise Exchange Matchmaking Events" were held in June and August respectively, inviting heads of large corporations or CSR executives to share, including Taipei 101 Chairwoman Song Wen-chi, Sunfar 3C Chairman Wu Chin-chang and Cathay Financial Holding Assistant Manager Liao Chang-chao; participating large corporations included Cathay Financial Holding, Unimicron, Taiwan Mobile, Taishin Financial Holding, Far EasTone Telecom, Sunfar 3C, Taipei 101, Sinyi Realty, China Life, Acer Computers and O'right, among others. Through the three main value pillars of "funding injection," "core business linkage" and "corporate CSR resources," they held discussions and further substantive cooperation with more than thirty social enterprises across Taiwan in areas such as product procurement, dedicated funding injection, land cultivation, cultural tourism, medical care, volunteer training and digital platforms.

The follow-up fifth "Corporate CSR and Social Enterprise Exchange Matchmaking Event" will be held on September 21 in cooperation with the Economic Development Bureau of Taichung City Government at the Huizhong Building of Taichung City Government, allowing more social enterprises to seek business opportunities or obtain funding through funding matchmaking and exchange events. The Small and Medium Enterprise Administration of the Ministry of Economic Affairs will also continue to promote social enterprise-related policies, so that social enterprises can develop sounder operating fundamentals and exert greater social influence.

▲Small and Medium Enterprise Administration Social Enterprise Business Opportunities and Funding Matchmaking Event

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