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Crossing the Chasm Challenge 2017 Final - SEs

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Chua Thian Poh Hall, Cinnamon College, University Town, National University of Singapore

16 College Avenue East

Singapore, Singapore 593192

Singapore

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The current social entrepreneurship space is highly supportive of social innovation, with many business plan competitions encouraging youths to start social entreprises (SEs). However, an increasing number of these pioneering SEs are struggling to sustain beyond 3 years as they fall into the "Chasm", where they have scaled beyond seed-funding, but are not large enough to attract accelerator grants or impact investors. The Crossing the Chasm Challenge was inspired to tackle this issue by matching students with these "pioneer gaps" SEs and experienced industry mentors to work together towards innovative solutions that solve actual problems and advance the social sector. The challenge seeks to contributes to development of the current social enterprise ecosystem by ensuring that social enterprises have the chance to reach maturity, thereby creating a clear value proposition for both social mission and financial sustainability.

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Chua Thian Poh Hall, Cinnamon College, University Town, National University of Singapore

16 College Avenue East

Singapore, Singapore 593192

Singapore

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