Supporting Social Entrepreneurship
Employment is essential in overcoming poverty. But especially in poor countries, people are at risk of finding themselves employed under unhealthy, underpaid and sometimes even inhumane circumstances. It doesn’t have to be like that.
What is good for the people and the environment, is also good for business
Implementing social responsibilty is often perceived as an obligatory nuisance. And at first sight, it iseasy to overlook the benefits a business will have from social and environmental friendly measures. For example, investing in providing a healthy meal and clean water for the employees will pay itself back in terms of low sick rates and increased employee productivity. Using solar panels and designing a production facility with ample natural light will structurally decrease the utility costs. And an overall pleasant working environment will positively affect retention rates and hence the costs of recruiting and training new staff.
Growing and diversifying
While there are many social entrerprises operating in Cambodia, these are often small companies that face difficulties growing and professionalising. TPF sets out to assist these companies, so that employment in a responsible working environment will become a reality for more Cambodians.
To drive sustainable growth in Cambodia, it is furthermore important for the economy to diversify. With a disproportionate focus on tourism (in particular in the Siem Reap area), the economy is vulnerable and susceptible to unrest in the region. By stimulating small companies to grow, more employment will become available in sectors not related to tourism.
TPF’s Business Accelerator Programme aims to help diversify the Cambodian economy by multiplying the good practices of Pactics. TPF is on the lookout for small companies with a desire to grow and to conduct business in a socially responsible manner.
Using the experience of Pactics’ staff, companies entering the programme will receive assistance in areas considered to be bottlenecks for upscaling, such as payrolling, HR policy systems, SA8000 (the leading auditable social certification standard) implementation, piece rate registration and job registration, and factory design.
The skills and experience required to help small companies improve, grow, and implement socially responsible production methods are not easily provided by NGOs. TPF firmly believes that such knowledge comes from within the industry, and that businesses can help other businesses. TPF’s role is to stimulate actual action.
This project is pending funding. However, interested companies can contact us for more information about the availability and costs of B2B assistance.