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HKEX Impact Funding Scheme Invites Applications from Social Enterprises

Corporate
31 Mar 2022

Hong Kong Exchanges and Clearing Limited (HKEX) is, today (Thursday), pleased to invite applications from social enterprises in Hong Kong for funding, through the HKEX Impact Funding Scheme 2022 (Scheme), a tailored HKEX Foundation charitable programme.

HKEX Foundation will this year allocate $10 million to the Scheme to support local social enterprises, helping them build and grow their enterprises and undertake innovative projects that address social and environmental challenges. The Scheme looks to support programmes that focus on the following four areas:  Financial Literacy, Diversity and Inclusion, Poverty Relief, and Environmental Sustainability.

HKEX Group Chief Communications Officer and HKEX Foundation Company Secretary, Tori Cowley said: “HKEX Foundation is delighted to making this funding available to Hong Kong’s innovative and progressive social enterprises. We are excited about hearing from organisations that have impactful projects that we can support as part of our ongoing commitment to the long-term health of our community. As a purpose-led organisation, we are focused on helping to bring about meaningful and positive change so that society, our community, our customers and our markets can thrive.”

The Scheme, first launched in 2021, is managed by the Hong Kong Council of Social Service. It seeks to support local community projects run by non-government organisations, with a short-to-medium term timeframe. Last year, 11 projects were selected under this Scheme.

The application window is now open, until 30 April 2022. Interested social enterprises please refer to the HKEX Group website for further details.

 

 

About HKEX Foundation

HKEX Foundation was established in June 2020 to deepen HKEX’s connectivity and long-standing commitment to addressing social and environmental challenges faced by our communities. It is a recognised charitable entity under Section 88 of the Inland Revenue Ordinance. HKEX Foundation supports those in need through partnerships with local charities and funding projects across four key focus areas: Financial Literacy, Diversity and Inclusion, Poverty Relief, and Environmental Sustainability.

 

About HKEX

Hong Kong Exchanges and Clearing Limited (HKEX) is one of the world’s major exchange groups, and operates a range of equity, commodity, fixed income and currency markets.  HKEX is the world’s leading IPO market and as Hong Kong’s only securities and derivatives exchange and sole operator of its clearing houses, it is uniquely placed to offer regional and international investors access to Asia’s most vibrant markets.

HKEX is also the global leader in metals trading, through its wholly owned subsidiaries, The London Metal Exchange (LME) and LME Clear Limited.  This commodity franchise was further enhanced with the launch of Qianhai Mercantile Exchange (QME), in China, in 2018.

HKEX launched the pioneering Shanghai-Hong Kong Stock Connect programme in 2014, further expanded with the launch of Shenzhen Connect in 2016, and the launch of Bond Connect in 2017.

www.hkexgroup.com

 

Ends

Updated 31 Mar 2022