As a Social Enterprise

Are you a Social Enterprise looking to join raiSE and gain access to the social enterprise ecosystem in Singapore? Perhaps you are a business interested to make the transition into a Social Enterprise?

The raiSE membership is open to all registered companies that possess the following qualities of a Social Enterprise and a proven social impact track record. Upon submission, your application will undergo the necessary validation processes to assess if your company meets the requirements.

raiSE defines Social Enterprises (SE) as a business entity set up with clear social goals where there is clear management intent and resources allocated to fulfil social gaps and needs.

Watch this series to learn how and why these entrepreneurs turned their business into a #businessforgood by pivoting from a traditional for-profit business into a #SocialEnterprise model where they balance a double bottom line of financial sustainability and social impact creation.

Watch to learn more about our
SE membership assessment criteria:

Join us as a Social Enterprise if you :

1. Have a Sustainable Business Model

• Generate the majority of your revenue from the provision of goods & services
• A clear business plan to achieve financial sustainability & profitability

2. Have Clear Management Intent

• Management or founder has a clear intention to make social goal(s) the core objective(s) of the business
• There is a commitment to achieving the double bottom line of financial returns and social impact creation.
• An allocation of at least 20% of resources to fulfill social outcomes.

3. Support Persons in Need or at Risk

Generally, a person in need or at risk is identified when they experience deprivation in at least one of the following areas:

• Economical (e.g. low income, risk of poverty, chronic unemployment, social exclusion)
• Mental (e.g. dementia, depression, anxiety disorders, addictive behaviours)
• Social (e.g. social isolation and discrimination)
• Physical (e.g. mobility issues, inability to perform daily activities)

and Address a Social Need/Gap

Your business should achieve at least one of these desired impact outcomes areas through the provision of:

• Employment Opportunities
• Education
• Skill Development
• Basic Living Needs
• Economic Tools & Services
• Health Care or Social Care Products & Services
• Products & Services to Improve Mental Health & Well-being
• Capacity Building for Organisations in the Social Sector

Read more about how you can measure and articulate your social impact with the raiSE Social Value Toolkit.

raiSE Membership Benefits