WHAT'S NEW >> Social Enterprise

SPEC will be introducing social enterprise and internship placements in the near future to provide more services to our members, which further illustrates our objective of bringing gainful employment to our members.

Social Enterprise  

What is a Social Enterprise?
A social enterprise (“SE”) is a sustainable business with a social mission. It is expected to apply business practices to achieve its social mission in a financially sustainable manner. Profits earned are reinvested in its social cause and not distributed to the enterprise owners for their personal gain. In doing so, it combines the business and entrepreneurial skills typical of the private sector with the philanthropic mission characteristic of the people sector.

Because of the rapidly changing global market place, there are new and emerging challenges that require radical and creative approaches. Hence, SPEC has decided to introduce a social enterprise in the form of assisting retrenched or unemployed citizens to find gainful employment in the form of Social Enterprise, Self-employment and Freelancing.

Examples of some of the jobs that we might introduce:

  • Distribution of household appliances like water dispensers with filters

  • Pay cards for time based payment at internet cafes

  • Happy hours at restaurants and bars

Basically, SPEC hopes to bring businesses to people who are unemployed who want to seek jobs that are on a project basis. We serve as middlemen between contractors and businesses who enlist the help of contractors. SPEC will serve as a centre that businesses can liase with and our contractors would be the ones who would serve these needs. We also ensure that our contractors deliver top-notch service, subjected to quality control.

This business idea will help our members become more employable and SPEC would serve a social need in bringing jobs to people.

 

 


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"
SPEC was set up with the key objective of enhancing the employability of professionals and executives ........"

 --Mr Kao Beng Lee, MSHRI, Head of Training, NTUC Fairprice Cooperative Limited

More Comments from BOT/BOT

“There are not many organizations in Singapore like SPEC, which focuses on suitable job-match and placements for older Singaporeans like us to stay employed and maintain an alertness of mind. ......"

--Member of SPEC

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Singapore Professionals' & Executives' Co-operative (SPEC)
141 Market Street #02-00 & #12-00 International Factors Building Singapore 048944
Contact us at 6221 0229 or fax us at 6223 0632.

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