Support for SMEs

To establish or support schemes and experiments with a view to attracting, inspiring or nurturing social entrepreneurship to develop innovations that aim at creating social impact and build social capital for supporting poverty relief in Hong Kong.

The Social Innovation and Entrepreneurship Development Fund (SIE Fund), as a catalyst for social innovation in Hong Kong, connects our community with different sectors, including businesses, NGOs, academics and philanthropies to create social impact through innovative solutions that address poverty and social exclusion. Partly through the intermediaries, the Fund provides visionary individuals and organisations with diverse resources in support of research, capacity building and the entire life cycle of innovative ventures, from idea incubation and seed funding to implementation and eventual scale-up. The ultimate goal is to foster an ecosystem where social entrepreneurs can thrive and innovative ideas, products and services can benefit society by meeting underserved needs, unleashing underutilised talents, promoting social inclusion, as well as enhancing the well-being and cohesion of the society.

Applicants to the SIE Fund will not be confined to social service agencies or non-profit making organisations. Individuals or profit-making businesses can apply for funding if they have creative ideas to address poverty or build capabilities in the community.

The SIE Fund welcomes the community to submit proposals. All proposals received will be handled by the Task Force Secretariat according to the established mechanisms. Those falling within the scope of the intermediary programmes will be referred to the relevant intermediaries for consideration.