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the form of donations, investments, loans, or mutual funds for social businesses. It may also
               involve  the  provision  of  tools  or  equipment,  such  as  access  to  operational  platforms  or

               crowdfunding  platforms  made  available  to  small-scale  social  businesses  or  social  business
               incubators;  (2)  the  midstream  segment,  which  includes  social  businesses  and  non-profit
               organizations  that  act  as  intermediaries between  funders  and  downstream  social businesses.
               These organizations often provide training and consulting services, and in some cases, specialized
               impact  assessment  services  for  major  donors  and  recipient  organizations;  and  (3)  the
               downstream segment, which is composed of various types of social businesses that implement
               operations using the resources received. It also includes customers and consumers who engage
               with the final products or services (as shown in Figure 4.1).
               A summary of this ecosystem is illustrated in Figure 4.1: The Social Business Ecosystem.

                                                       Public Infrastructure


                                                         Government   State
                                                           Funds   Enterprises
                                   Upstream            Donations  Funding   NGOs
                                                              Sources
                                                       Social Funds
                                                                      Banks
                                                         Corporate   Stock
                                                           CSR     Market




                                                         Public    Enterprises
                                                                    State
                                                        Organizations
                                   Midstream           Associations Intermediaries  NGOs
                                                             Incubation

                                           Government   CSR Units  Social  Universities  Communities
                                             Units           Enterprises
                                                                                      Research
                                                                             NGOs
                                          Promotion and                          Allies/  Institutions
                                           Regulatory                            Partners
                                            Bodies                                    Consulting
                                                                            CSR
                                                                                       Firms
                                       Various Ministries, Bureaus,             Academic
                                           Departments
                                                             Cooperatives   Limited  Institutions
                                   Downstream          Foundations  SE  Enterprises
                                                       Companies
                                                                    Community
                                                                    Enterprises
                                                               Social
                                                             Enterprises

                                                     Customers and Consumers

                Source: Compiled by the researcher.

               Additionally, government agencies may act as regulatory bodies overseeing the entire value chain,
               from  upstream  to  downstream,  or  serve  as  support  entities  dedicated  to  promoting  social



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