Global Social Enterprise Accelerating Project (GSAP)
Through KOICA project, WT Foundation continued local-based business support and network establishment projects to create a growth environment centered on job creation in developing countries for sustainable development cooperation projects.
- Duration
- December 2014 - June 2016
- Purpose
To suggest sustainable solutions to social problems in developing countries by training social enterprise experts
To create robust social economy ecosystem and decent jobs in developing countries by stabilizing social enterprises in their early stages
- Participants
-
Social enterprises and CSOs (NGOs, NPOs, etc.) which cater to the needs of undeserved in Cambodia, Vietnam, Indonesia, and Nepal
MG Appropriate Technology Co. (MGAT)
Agricultural Product Processing / Cambodia
Provided training on sales management skills and marketing, and developed agricultural experts in Kandal area
Created a virtuous circle to improve agricultural production and distribution structure for making a sustainable community environment
L Beauty Salon
Vocational Training / Cambodia
Provided systematic vocational training, created jobs and arranged employment referrals for underprivileged youths to set a foothold of independence
Profits made from L Beauty Salon is reinvested in Lotus Hope Hair & Beauty Center, for vocational training and providing employment opportunities
Center for Development and Integration (CDI)
Fair Trade Coffee / Vietnam
Organized coffee farmer’s cooperative for the low-income farmers, and cultivated fair trade coffee in the Cau Dat Village
Generated stable income through improving coffee distribution structure and developed organic coffee brand
PT Bintang
Organic Farm & Fair Travel / Indonesia
Sustainable organic farms were operated, and provided environmental problem awareness outbound program and education
Through operating restaurants and tour programs, economic capacity building of local residents were sought
Social Enterprise Activation (SEA) Center
Startup Space / Nepal
Provided vocational training for the vulnerable, and developed social enterprise experts, and incubated social enterprises
Incubated social enterprises such as fair tourism, fair trade, and organic catering services based on the local community
JuNeLi
Handicraft Products / Nepal
Provided capacity building program for women, and established local cooperation network
Promoted economical independence of women in the vulnerable social group through employment and start-up support
- Description
-
Impact investment
up to KRW 80 million per organization
Customized consulting
to match the characteristic of each social enterprise
Localization strategy
to construct the ecosystem of the area
Opportunities to enlarge
impact investmentto coordinate to additional private sector
- Outcomes
-
- 87%
Growth of monthly
average revenue - 55%
Rate of employment
growth - 175
Jobs created
- 502
People trained