In a significant move to bolster investment in Malaysia’s emerging Social Economy, or People Economy, a Social Outcome Fund (SOF) was launched at the Social Economy and Investment Conference 2017 (SEIC 2017). The SOF will make available RM3 million for social intervention projects to assist marginalised communities.
The Conference was launched by Dato’ Sri Hajah Nancy Shukri, Minister in the Prime Minister’s Department and Agensi Inovasi Malaysia (AIM) Adviser.
With the launching of SOF, high potential social purpose organisations (SPOs) carrying out intervention programmes to help marginalised communities, will receive a boost to their chances of obtaining funds. This rakyat-minded, or people-centric fund, will assist SPOs achieve higher impact through a structured approach in delivering social services to those in need, in an empowering and monetised relationship within Malaysia’s social economy.
Jiman’s involvement as PR lead for SEIC2017 has consequently led to his appointment as the PR consultant for the Global Entrepreneurship Movement 2017.