Satu Creative Services Sdn Bhd (Satu Creative), in collaboration with Yayasan Hasanah and in partnership with the Malaysia Digital Economy Corporation (MDEC) and Tabung Ekonomi Gagasan Anak Sarawak (TEGAS), on 27 August, launched the Satu Creative Hasanah Impact Challenge 2024 (SCHIC2024). It is a strategic initiative to empower early-stage social enterprises in Malaysia to create sustainable, scalable solutions that address key social and environmental challenges.
This strategic partnership aims to support social enterprises dedicated to creating sustainable solutions in quality education, environmental protection, and enhancing public spaces through the arts. By focusing on four key themes – Environment, Arts and Public Spaces, Education, and Community Development, the initiative aims to catalyse positive social and environmental transformation across the nation.
“We believe in the power of ordinary people to do extraordinary things. The Satu Creative Hasanah Impact Challenge 2024 is more than just a programme – it’s a movement,” said Ahmad Azuar Zainuddin, CEO of Satu Creative.
“A movement to empower our social enterprises, to uplift our communities, and to tackle the challenges that matter most. When we come together – entrepreneurs, leaders, and changemakers – we unlock the potential to create a future where everyone has the opportunity to thrive. We are honoured to stand with Yayasan Hasanah and our partners in this shared mission to drive progress and build a better Malaysia for all.”
Participants in SCHIC2024 will have the opportunity to pitch for a business grant of up to RM100,000, gain valuable insights from experienced mentors and industry experts, and connect with like-minded social entrepreneurs and potential investors. This comprehensive support system is designed to help social enterprises overcome challenges, grow their ventures, and achieve long-term sustainability.
“MDEC is proud to partner with Satu Creative and TEGAS on this impactful initiative. Aligned with the national strategic initiative, Malaysia Digital (MD), by integrating digital innovation with social enterprise, SCHIC2024 not only supports the growth of our digital economy but also ensures that the benefits of technology reach every corner of society,” said Datuk Mahadhir Aziz, CEO of MDEC.
The partnership between Satu Creative, MDEC, and TEGAS underscores a shared commitment to driving innovation and social impact in Malaysia. MDEC, as the lead agency in driving the digital economy, brings its expertise in digital transformation. At the same time, TEGAS, known for its dedication to nurturing talent and entrepreneurship in Sarawak, adds significant value to the initiative. Together, these organisations aim to create a robust ecosystem that fosters the growth of social enterprises and contributes to the nation’s digital and sustainable development goals.
TEGAS CEO Haji Udin Bujang remarked that “TEGAS is thrilled to be part of this collaboration, which aligns perfectly with our mission to nurture talent and drive entrepreneurial growth in Sarawak. The SCHIC2024 initiative is a testament to the power of partnerships in creating a more inclusive and innovative economy.”
The Satu Creative Hasanah Impact Challenge 2024 kicks off with the application and selection process, which will run until 20 September 2024. Selected participants will then engage in a boot camp from 30 September to 1 October 2024, culminating in a Demo Day on 2 October 2024, where they will present their innovative solutions to a panel of judges and potential investors. Successful participants will receive grant disbursements tailored to their needs, empowering them to accelerate growth and maximise their impact.
Social enterprises across Malaysia are encouraged to participate in SCHIC2024 and seize this unique opportunity to scale their impact and contribute to a sustainable future for the nation. With MDEC and TEGAS’s support and Digital News Asia as Ecosystem Partner, meaningful change can be driven to create a better Malaysia for future generations.
Source: Satu Creative (Press Release)
