What is Social Enterprise?
Social enterprise in Singapore are run as business entities and have social objectives at heart, rather than the commercial goals. They are aimed at achieving social impact and generating financial returns for their own by selling goods and services in the open market, social enterprises reinvest the money they make back into their business or the local community. This allows them to tackle social problems, improve people’s life chances, support communities and help the environment. So when a social enterprise profits society profits.