The ASEAN Foundation, with the support of TikTok and SAP, launches the ASEAN Social Enterprises Development Program 4.0 (ASEAN SEDP 4.0). This programme aims to support social enterprises in the ASEAN region with access to more significant opportunities to improve their ventures through (1) Promoting productivity, technology and innovation; (2) Increasing access to finance; (3) Enhancing market access and internationalisation; and (4) Promoting entrepreneurship and human capital development. Consistent with these aims, this programme provides customised capacity-building training, mentorship, networking with investors and government within the ASEAN region, and seed funding to 30 youth-led social enterprises in 10 ASEAN countries. This initiative contributes to the long-term benefits of strengthening the unique ecosystem for the larger social enterprise community in the region.
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