Monday
June 18
2018

SAARC fund to launch social enterprise programme in India and 7 other member nations

Thimpu-based SAARC Development Fund will soon be launching a social enterprise development programme (SEDP) to fund 80 entities annually across the 8-member states including India, said SDF CEO Sunil Motiwal.

SDF was established by the Heads of the eight SAARC member states in April 2010 and its Governing Council comprises finance ministers of these eight countries.

SDF is in the process of launching the SEDP as part of its social window, Motiwal said in an interview to PTI.

Photo courtesy of Satish Krishnamurthy.

Source: Economic Times (link opens in a new window)

Tags
emerging markets, funding, global development, India, social business, social enterprise, social impact