Two Resilient Social Enterprises Receive Funding Boost From The Singapore International Foundation and Deutsche Bank

Funding Rounds

Summary

Mitti Café has also since served at least two million meals to frontline healthcare workers, patients, their families, and other vulnerable communities.Native is an impact travel social enterprise in Selangor, Malaysia that empowers the indigenous Orang Asli community to host immersive cultural experiences as a form of livelihood. Native also equipped its partners with basic digital skills and tools and now offers virtual travel experiences, creating a new revenue stream for them.The social enterprises will each receive S$10,000, and publicity support from the SIF. The winners beat other alumni of the SIF’s Young Social Entrepreneurs (YSE) Global and Regional programmes, comprising more than 1,300 changemakers of 42 nationalities. Applicants were required to demonstrate their resourcefulness and innovation in these challenging times and assessed on the sustainability of their business models and social impact.Ms Jean Tan, SIF’s Executive Director said, “Our YSE alumni have proven to be agile and adaptable in the face of COVID-19. Social enterprises such as Mitti Café and Native prove that businesses can – and should – do good, and we are proud to support them on their journey today.”Ms Alina Alam, Founder and Chief Executive Officer of Mitti Café (YSE Regional 2019, India), said, “We are honoured to be selected as one of the social enterprises to receive the SIF-Deutsche Bank Made for Good Award.

$ Funding

$
Amount $10.0K Total raised
Date November 18, 2021 Announcement date
Investors Deutsche Bank Lead investors
Company https://discovernative.org Funded company

Classifications

industries
HealthTech
applications
Sales and Marketing

AskAI Classifications

Labels
SaaS Workflow Automation No-Code Development Platforms

Linked Companies

IFTTT
$1M to $5M