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Social Enterprise Snapshot: The Thailand Case presented by S. Shrestha, 3-4 March 2011 at the Impact Forum for Social Change in Collaboration with Global Social Venture Competition. DISCLAIMER: The views expressed in this paper/presentation are the views of the author and do not necessarily reflect the views or policies of the Asian Development Bank (ADB), or its Board of Governors, or the governments they represent. ADB does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequence of their use. Terminology used may not necessarily be consistent with ADB official terms.
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Social Enterprise SnapshotTHE THAILAND CASE
ChangeFusionDisclaimer: The views expressed in this paper/presentation are the views of the author and do not necessarily reflect the views or policies of the Asian Development Bank (ADB), or its Board of Governors, or the governments they represent. ADB does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequence of their use. Terminology used may not necessarily be consistent with ADB official terms.
SE definition in Thailand
Social and environmental purpose with solution as core business
Financial sustainability
Not maximizing profit, reinvest most of the profit into the venture or community.
Sizing and attributes
Dominated by grassroots organizations
Large quantity but fragmented and small in size per venture.
Other sectors
Sustainable tourism
Health
Low-income market (BOP)
Education
Green biz
Policy & intermediaries
Permanent National Social Enterprise Committee focusing on reducing inequality
Thai Social Enterprise Office (TSEO) setup as secretariat
5 Years Master Plan and policies endorsed by the cabinet
Relatively few capacity development and early stage support intermediaries although more will be supported through TSEO.
Gaps > Ideas to actions
Early stage access to capital > Venture Philanthropy Micro Social VC Aggregation facility
Access to market > Trade partnership SE Brand recognition Hybrid Value-Chain