Social entrepreneurs are tackling some of the most challenging issues in Asia. From poverty to the delivery of clean water and access to healthcare, entrepreneurs are coming up with ideas and solutions everyday. In order to access funding to implement the ideas, many social enterprises must register as a legal entity so they may conduct business in the country. Unfortunately, social entrepreneurs and entrepreneurs face many "barriers to entry."
My friend, Bruce Tolentino, is The Asia Foundation's Director of Economic Programs. Bruce explains in the video below some of the causes of inequality in Asia and how the Foundation's programs try to address these problems. Bruce says:
What prevents many entrepreneurs from thriving in a modern business environment has a lot to do with what we commonly refer to as "barriers to entry" - especially those rules, informal arrangements, policies and governance issues that raise the cost of doing business in ways that prevent the less-connected, or the poor from even starting a business.
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