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- JANE Presentation on promoting social business in Japan at the Liberal Democratic Party
JANE Presentation on promoting social business in Japan at the Liberal Democratic Party
On April 14th, JANE gave a presentation at a joint meeting of the LDP’s Special Committees on Social Business and on Public Service Corporation and Non-Profit Organizations. The presentation touched on the following four points: the need to develop social business as a way of addressing Japan’s various social issues; a high level of interest in this topic from the business community; the importance of promoting venture philanthropy and social impact investment to support the development of social entrepreneurship; and the need to consider relevant measures including making revisions on institutional and legal frameworks.
* Venture philanthropy: an approach to accelerate the tackling of social issues where organizations such as public interest incorporated foundations provide middle- to long-term finance and management support to non-profits and social enterprises.
* Social impact investment: Investment with the expectation of mid- to long-term social, as well as economic, return