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Asia School of Business unveils the ASBhive-Hasanah Impact Challenge

Malaysia’s social entrepreneurship movement has untapped potential due to low awareness and cohesion. To address this, PurpoSE Malaysia and the Chamber of Social Entrepreneur Development (CSED) Malaysia have developed the Social Enterprise Malaysia Amplifying Impact (Semai) Summit.

The highlight of this year’s summit is the launch of the ASBhive-Hasanah Impact Challenge, in partnership with Yayasan Hasanah. The programme offers RM250,000 in grants to support social enterprises that focus on education, community development and the environment.

The grants aim to support social enterprises at both the seed and growth stages, providing accessible funding to enhance their capacity. This initiative is designed to sustain operations, boost fundraising efforts and raise public awareness of social innovation and scale solutions for positive social and environmental impacts. Applications for the grants opened on June 27 and will close on July 31.

The summit is organised by Asia School of Business in collaboration with the Ministry of Entrepreneur and Cooperatives Development, PurpoSE Malaysia and CSED.

The Semai Summit is a community-led movement dedicated to advancing social entrepreneurship, from grassroots initiatives to wide-reaching stakeholder involvement. The movement aims to create a supportive ecosystem for local and Malaysia-based social entrepreneurs through knowledge sharing, collaboration and access to resources.

For more information on the Semai Summit, visit

Originally published by The Edge

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