In 2018, there were 1.67 million high-net-worth individuals (HNWI) in China, and the per capita disposable income rank over 20 million RMB. Among them, there are many philanthropists who are concerned about nonprofit sector. We can see that there are huge opportunities for HNWI to engage social sector during this epidemic.
NGOs should participate in public emergency events with more ration, identifying needs and prioritizing their own mandates.
The existence of any commercial institutions or NGOs is based on their insights into social needs: what are the needs? can I meet the needs effectively? what is my value-add?
Building “infrastructure” has become a buzz word in the nonprofit sector. The leading foundations including Dunhe, Narada, Sany and Leping have put forward this concept one after another in the past year, which is undoubtedly a good thing for the future of China’s nonprofit sector. After all, compared with the developed countries in Europe, the United States, and even our neighbor, South Korea, where the infrastructure is well-built, the nonprofit sector presents the common characteristics of scale and high efficiency. If not a sufficiency, infrastructure is a necessity for the development of any industry. China is best qualified to speak on this question.
Dear friends,
Time flies. 10 years have passed since Venture Avenue was founded in a boutique office at Xintiandi, Shanghai. That year, VA’s 4-people team traveled to over 50 counties in post-disaster Sichuan, with a proud mission to empower philanthropy in China with strategic planning and independent evaluation.
This year, Venture Avenue was invited to consult for World Wildlife Fund (WWF) China’s new five-year strategic plan and the three-year Belt and Road project strategic plan for Conservation International (CI) China. This article will share some of our findings and recommendations from the external environment analysis of environmental protection ONGOs in China, and we hope these insights would be enlightening to other environmental protection ONGOs operating in China.
Ten years ago, in Chengdu, Venture Avenue started the journey of discovery and incubation of Chinese social enterprises.
The previous speakers mentioned that in Shenzhen, Chengdu, Beijing, the three most developed cities in China, the total number of certified social enterprises is about 200. In fact, this number should be at least 200,000. This thousand-fold gap reminds us that as a supporter of Chinese social enterprises, where are the potentials and challenges?
To Venture Avenue’s dear friends:
As we are all set to box all the great memories in 2018, and greet the new prosperities and excitement in 2019, Venture Avenue would like to thank all our friends, partners and family for your great support.
Digitalization generally refers to the process of applying modern information technology with aim to support organization management, to improve operational efficiency, reduce risks and costs, and, thus improve its management and sustainability.
SEs Strategy: An Impact-Driven Approach
When it comes to “social enterprises (“SEs”) in China” in last two years, “Chengdu” is under the spotlight. In 2018, Chengdu became the first city in China to officially introduce SE certification and cultivation policies, and has certified its first batch of SEs by the end of the year. In May 2019, Venture Avenue (“VA”) was invited to provide strategic consulting services for Chengdu SEs. While VA was impressed by the vitality and passion of Chengdu SEs, we also noticed some common problems and challenges faced by SEs in their development process. We’d like to share our observation and thoughts from three perspectives.
Since the Nineteenth National Congress, community governance has become the focus of social governance. Building a collaborative and shared community governance model is a trend now. The government proposed a development path for community-based organizations (CBOs), emphasizing ‘meeting the needs of the masses’, ‘focusing on support and encouragement’ and ‘building capability as groundwork’1. And these CBOs are expected to play important roles in innovative grass-roots community governance.