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Monday, June 1, 2015

Perspectives on Youth Entrepreneurship and Social Enterprises in Cambodia

Calling back to the past decades of Cambodia, it's a pain to let such peaceful land to get affected by regional wars and long-term poverty. Anyway, Cambodian people today in cooperation with the right overseas partners start thinking about the real needs of the economic growth and take action on the matters. The initiatives from Youth University Club and Impact HUB Phnom Penh has been done to promote young entrepreneurship, innovation and creativity among university students and young businessmen in running the scores of social enterprises. So many workshops and seminars related to Entrepreneurship and the role model of the innovative young businessmen has been the very great opportunity for young learners and professionals to get new concepts to start running their own business. It should be noticed on the key universities and institutions to run those projects are Impact HUB Phnom Penh & Social Enterprise Cambodia @ Joma Bakery Cafe, Zaman University, Pannasastra University of Cambodia, Royal University of Phnom Penh (RUPP, IFL, CKCC & CJCC), AIESEC, Ministry of Commerce, Institute of Technology in Cambodia, Transparency International and Development Innovation. The existing social enterprises in Cambodia are EaCo Co., Ltd, ANAKOT Asia, Cambodian Farmer Rice, ARC Hub PNH, Khmer Creations, Cambodia Knits, Sovannak Palm Sugar, WaterSHED... In Addition, researchers are doing their best to get more data on the real needs of community and business opportunity in Cambodia in contribution to the social enterprise development. Finally, it is so positive for young Cambodian and foreigners to hold hand and create the very best social enterprise full of the innovation and creativity to solve the social issues and accelerate the economic growth in Cambodia. The President of The United States, John F. Kennedy quoted, "Ask not what your country can do for you, ask what you can do for your country"

By: Pok Panhavuth

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