Our Model
Social Ventures Hong Kong (SVhk) is a social purpose organization
focused on providing venture philanthropic support to social enterprises and nurturing a culture
of social innovation in Hong Kong, with the goal of addressing the city’s most pressing urban
problems.
Founded in 2007, SVhk innovates social change by applying a dual-engine model:
SVhk Capital and SVhk Foundation. SVhk Capital is the city’s very first venture philanthropy
fund dedicated to providing financial and non-financial support to high-impact social ventures
in Hong Kong; SVhk Foundation is a charitable organization promoting social innovation culture
and incubating innovative social solutions.
Rise of Hybrid Models
Behind the Metropolis: Complex Social Problems in Hong Kong
Hong Kong ranked #1 in the world in the Gini coefficient. The government and welfare efforts have proven
insufficient to remedy the problems in our society, such as ageing, poverty, and deviant youth.
Philanthropists Looking for Alternative Giving Models
Innovation and efficiency are increasingly emphasized in the developing trend of giving. Many new giving
models are emerging to deliver blended values between the business and the social sectors.
Rise of Social Enterprise and Social Investment
The social capital market is growing. In the UK, there are over 50K social enterprises, that contributed £8.4
billion^ to the GDP (more than 1%). In HK, we are still at the infant stage, with most of the efforts in our 300+
SEs contributed by the NGO sector.
^2005 Small business Survey (BERR), UK
Venture Philanthropy Model: We Make Money Work Harder
Pioneering Venture Philanthropy:
Social Private Equity
Pilot fund for SVhk Capital from individual philanthropists and family foundations.
|
Matching Investment Fund
with Professional Expertise
Over 20,000 professional volunteer hours contributed to support social enterprises by members.
|
