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The Stock Exchange of Thailand (SET) joins forces with Market for Alternative Investment (mai) and mai Listed Companies Association (maiA) to launch a new project called “Social Impact Gym by mai Executives”. This project will incorporate mai-listed companies in strengthening social enterprises (SEs) for growth. This effort follows the successful debut of the “SET Social Impact” digital platform last year which has brought together more than 60 listed firms and 50 SEs in 2016, the goal to create positive social outcomes.
SET President Kesara Manchusree stated that in 2016, SET initiated “SET Social Impact.com”, an online platform to connect both sectors for collaborative synergy, becoming a hub to exchange resources, knowledge and experiences on how to run sustainable business, as such contributing positive social impact in the long run. This year, the platform launches SET Social Impact Gym by mai Executives project, a network of listed companies’ executives will jointly transfer comprehensive knowledge and techniques for SEs to sustainably run and grow a successful business operation. At this initial stage, 13 maiA executives have volunteered to coach 13 social enterprises (SE) registered in the project.
“This project reinforces SET’s vision to make the capital market work in such a way as to sustainably benefit all sectors under the concept of “You Grow, We Groom” as SET foresees that if businesses and society are strong, the country will be able to grow together ultimately towards sustainability”, added Kesara.
maiA President Charnkrij Dejvitak said, “maiA is ready to share knowledge and experience to enhance social entrepreneurship. It is vital for listed companies to transfer know-how and share success stories to new business operators, especially social enterprises to grow stronger in a sustainable manner. This will help build a solid economic foundation for the nation. On the other hand, it will provide a good opportunity for listed companies on mai to learn the concepts of and get acquainted with socially-oriented businesses. This is a learning process for both sides and may lead to joint ventures or other developments together to create a new generation of social entrepreneurs for the future”.
In addition, this year SET has been organizing workshops and various activities for SEs, listed firms and those who are interested in social impact investment, to learn about social impact concept, with forums to exchange ideas, resources to enhance their business capabilities.
Interested SEs or individuals can apply for courses, join activities or obtain updated information via www.setsocialimpact.com or Facebook: SET Social Impact.
