INTRODUCTION

HSBC Singapore has partnered with Singapore Management University (SMU) to help small and medium-sized enterprises (SMEs), start-ups and social enterprises in developing sustainable practices and business models. The HSBC-SMU Sustainable Enterprise Initiative is broken into two streams to support businesses, at different stages of growth and enterprise transition, to embed sustainable practices.

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GRANTS

HSBC-SMU Sustainability & Innovation Grant

The is a 9-month incubation programme for sustainability startups that will provide an equity-free grant of $30,000, masterclasses, a downtown co-working space, mentorship and other offerings.

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HSBC-SMU Change Leaders Programme

The is a 12-month experience for entrepreneurs and innovators who are fully dedicated to setting up and running a social venture. It will support the leadership development and living expenses of these change leaders.

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Small business are the backbone of Singapore’s economy but it’s unrealistic and unfair to expect these smaller entities to make the transition alone. At HSBC, we have done a lot of thinking about what will help these dynamic businesses expand their horizons, including understanding what help people need at every stage of their entrepreneurial journey.

Tony Cripps

HSBC Singapore CEO