The way DBS Bank accompanies the growth of social enterprises is not only diverse and systematic. As early as 2014, DBS Group established the first foundation in Asia dedicated to supporting the development of social enterprises, and proposed "initiative", "nurturing" and "" Integration” and other three aspects, from raising Taiwanese people’s awareness of social enterprises, providing the resources needed for the growth of social enterprises, to integrating social enterprises into DBS Bank’s corporate operations, and supporting the growth of social enterprises in an all-round way.
Among them, more diversified plans company banner design are planned for social enterprises at different stages. For example: for social enterprises with mature business models, the “DBS Social Enterprise Incentive Program” is launched. All social enterprises that meet the qualifications can apply. The incentives are used to increase the influence of social enterprises, stabilize operations, and promote innovation, etc. , to help social enterprises move faster to the next milestone.
As of 2021, 30 Taiwanese social enterprises have been selected, and the cumulative reward is as high as TWD 43 million For social enterprises that are just starting out, DBS Bank has cooperated with Taiwan's first incubation program "Social Enterprise Stream iLab", which is centered on social influence, to provide a number of social enterprise cultivation programs , including courses and mentor resources. Senior bank executives also teach and advise social enterprises in person to help them solve operational and marketing problems, so as to improve their resilience and operational strength. Not only that, DBS Bank also makes good use of its expertise to support social enterprises with financial services, such as creating a tailor-made "social enterprise account", allowing social enterprises to enjoy fee reductions, higher deposit interest rates and lower loan interest rates.