Page 125 - Social Enterprise A New Business Paradigm for Thailand

A 2018 report by USAID noted that the ASEAN countries with the highest number of social
enterprises were Indonesia, the Philippines, Thailand, and Vietnam (including all types of

organizations, particularly cooperatives). In contrast, the countries with the fewest social
enterprises were Brunei and Laos. Most social enterprises in ASEAN are small-scale operations
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that employ relatively few people.
In 2015, Malaysia published its Social Enterprise Blueprint, and the government established
dedicated support centers, including the Malaysian Global Innovation and Creativity Center
(MaGIC) and the Malaysian Social Inclusion and Vibrant Entrepreneurship (MasSIVE). However, in
2020, MaGIC was placed under the jurisdiction of the Ministry of Science, Technology and
Innovation (MOSTI) and shifted its focus toward technology development for startups. As of now,

the Ministry of Entrepreneur Development and Cooperatives is responsible for social enterprise
development in Malaysia. In 2019, the ministry launched a Social Enterprise Accreditation system
(SE.A.), allowing registered social enterprises to access various forms of government support. By
December 2021, a total of 414 social enterprises had registered under this system, with 48 of
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them receiving formal accreditation.
Malaysia also formulated the Malaysia Social Entrepreneurship Blueprint 2030 (SEMy 2030). This
blueprint references a 2018 report by the British Council, which estimated that Malaysia had
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approximately 20,749 social enterprises of various types. . SEMy 2030 concluded that the
development of social enterprises remained fragmented, especially when compared to the more
cohesive development policies and financial infrastructure supporting cooperatives and SMEs.
Thus, the blueprint stresses the need for collaboration among civil society, government, and the
private sector to build a supportive ecosystem that enables social enterprises to effectively
address social issues.

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SEMy 2030 sets out five development goals for social enterprises : (1) build a cohesive and
holistic ecosystem for social enterprises, (2) create a critical mass of social entrepreneurs, (3)
strengthen the capacity and competitiveness of domestic social enterprises, (4) mainstream

social enterprises into the national development agenda, and (5) promote social enterprises as
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agents of positive social and environmental impact.

https://www.aseanfoundation.org/calling_social_enterprises_from_10_asean_countries_to_apply, 9 February,
2025.
93 USAID, The Social Enterprise Landscape in ASEAN:A Synthesis Report, July 2018, p.6.
94 Ministry of Entrepreneur Development and Cooperatives, Malaysia Social Entrepreneurship Blueprint 2030, p.
39.
95 Ibid, Page 36.
96 Ibid, Page 43.
97 Ibid, Page 43.
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