The Thomson Reuters Foundation champions economies that are equitable, participatory, and sustainable, with a focus on environmental respect. Impact investing is crucial for addressing social and environmental inequities but remains underutilized in Southeast Asia. To bridge this gap, the Aspen Network of Development Entrepreneurs (ANDE) partnered with TrustLaw, the TRF's global pro bono service, to enhance understanding of local impact investing regulations in 7 different countries in Southeast Asia: Thailand, Vietnam, Singapore, Indonesia, Myanmar, and the Philippines. Special thanks go to A&O Shearman, DFDL, Mayer Brown, MahWengKwai & Associates, and SyCip Salazar Hernandez & Gatmaitan for their pro-bono support. This guide aims to assist social enterprises, incubators, and investors in navigating local regulations and fostering greater investment in regional startups and their social missions.
We featured ANDE members and their entrepreneurs in our communications series ‘Exploring Digitalization Journeys’. This blog meets ONOW Myanmar, a social enterprise committed to delivering financially sustainable positive change in the lives of the entrepreneurs they work with, to hear how they digitally support entrepreneurs in Myanmar.
Southeast Asia is one of the fastest-growing regions in the world, with a total GDP of over USD 2.7 trillion. However, its progress is threatened by the increasingly adverse impacts of climate change. Entrepreneurship has a leading role in developing solutions to both mitigate and adapt to climate change. This report evaluates the current support ecosystem for climate and environmental entrepreneurs in six developing Southeast Asian countries: Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam. Through ANDE's data collection and analysis, this report offers insights on the set of organizations supporting entrepreneurs that aim to address climate change mitigation, adaptation, and non-climate related environmental protection challenges.
"This study seeks to develop a comprehensive understanding of gender gaps in Myanmar as well as the innovative business models that are being used to address these gaps. The challenges that businesses face in creating market-based solutions that aim to improve the lives of women and girls are also explored. This research examines innovative enterprises in Myanmar, with particular attention to startups that focus on women and girls. With a clear understanding of their approaches and challenges, it is possible to determine ways to support them. This study also reaches further into rural Myanmar and investigates female owner-operated businesses."
"The Guidelines for the Promotion of Inclusive Business in ASEAN document provides an outline on how inclusive businesses can be supported at the national level, and what institutional setup is required to do so. The guidelines also provide recommendations on how ASEAN policy makers could collectively promote inclusive business at the regional level. We hope that this document would serve as a useful reference document for ASEAN policy makers in formulating national and regional strategies towards achieving a resilient, inclusive, people-oriented and people-centered ASEAN."
"The following report builds upon desk research as well as key observations from the workshop, "Financing Renewable Energy in South East Asia" workshop held in Phnom Penh in December, 2017. The event was an opportunity to address the current challenges entrepreneurs face when trying to access finance in SEA (with a geographic focus on Cambodia and Myanmar). We hope that this work will educate entrepreneurs on the type of financing available to them as well as serve as a reference for donors on why certain financing schemes are relevant and more successful in the RE sector and in the SEA region."
"ANDE's Ecosystem Snapshots are designed to collect basic information about the support available for small and growing businesses in a specific city or country. This information acts as a census of the local actors and represents a specific moment in time. While the results are ultimately static, ANDE's Entrepreneurial Ecosystem Snapshot methodology is iterative and practitioner-focused. Research is primarily conducted by local teams who engage practitioners throughout the process."
"This free guide will help social entrepreneurs better understand the complexities of setting up a social enterprise in eight ASEAN countries, the options that are available to them, and the pros and cons of different legal forms. By providing detailed information on different legal structures that social enterprises can employ this guide offers well informed advice on registering with ministries, the documentation that is required and the licenses and permits needed to carry out certain business activities. It outlines governance and regulatory obligations and provides guidance on the taxes that apply to such organisations and expenses that are tax deductible. Case studies are also included to illustrate how social enterprises have responded to specific challenges."