The publication features the best practices of social enterprise development in Hong Kong. According to the report, social enterprises must fufill two key conditions: necessary (applying the managerial skills for socially constructive purposes) and sufficient (addressing neglected social problems, with a sustainable solution which based on the logic of empowerment; generating positive externalities and the benefiting the powerless segments of the society). In addition, the authors present the 3-stage life cycle of social entrepreneurship: starting up (government provides startup funding, new SEs need coaching on sales/marketing), actualizing (measuring social impact through Kirkpatrick model, building ecosystem within SE sector), and diffusion (catalyzing social, public and commercial sectors to pursue societal betterment, introducing recognition scheme to identify authentic SEs). In 2011, Fullness Social Enterprises (FSES) was set up by Fullness Christian Social Enterprise (FCSE) as a charity organization, aimed at promoting social entrepreneurship development in Hong Kong instead of directly operating SEs. The mission of FSES is to create proven knowledge for social entrepreneurship development by its practice-amdemia team.
Accelerating Impact with Catalytic Capital
