MaGIC SE in talks with agencies, VCs & corporations for impact investments

The launch of the Malaysian Social Enterprise Blueprint, by prime minister Mohd Najib Abdul Razak with MaGIC SE.

In its bid to achieve the targets set out in the Malaysian Social Enterprise Blueprint, the Malaysian Global Innovation & Creativity Centre Social Entrepreneurship unit (MaGIC SE) is engaging other government agencies, local venture capitalists (VCs) and corporations for impact investments.

MaGIC SE executive director Ehon Chan said the team was speaking to a number of parties to work out investments for social enterprises. “We are currently in conversation with various agencies, especially government agencies and venture capital to look into impact investment,” he told DEALSTREETASIA.

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