The SIE Fund has recently appointed four organisations as the third batch of intermediaries to launch a new round of innovative programmes with a view to providing support for more social entrepreneurs, thereby fostering the continuous development of the social innovation ecosystem. The four intermediaries appointed are Fullness Social Enterprises Society Ltd (FSES), the Hong Kong Council of Social Service (HKCSS), MakerBay Foundation Limited (MakerBay) and Oxfam Hong Kong (Oxfam).
MakerBay and Oxfam are first-time appointees with new innovative programmes "Impact Innovation Lab" and "Grant for Good" to be launched respectively, whereas FSES and HKCSS continue to join hands with the SIE Fund to enhance their current programmes namely "Innovator Farm” and "Impact Incubator" to create more social benefits. It is expected that the four intermediaries will fund and incubate more than 240 innovative projects during the three-year engagement period.
The new round of innovative programmes is expected to be launched in the second quarter of this year. More information can be found here.