SINGAPORE : A growing variety of funding options are now available to social enterprises.
In Singapore, these businesses with social missions are now getting easier access to bank loans with preferential rates and other funding options.
Since starting four years ago, Singapore-based Adrenalin Events and Education has been committed to employing the disadvantaged.
About 30 per cent of the the firm’s staff either have physical challenges or are youths from disadvantaged social backgrounds.
The social enterprise has been on the lookout for funding options to balance its social mission and grow its business.