Social Innovation is a force for social change. Social entrepreneurs develop and adopt effective solutions in addressing social needs in various ways, including product, platform, process and policy innovation.
Twopresents
An innovative combination of an online management tool for parties and fund-pooling platform
ABOUT
Year Established: 2013
Beneficiaries: Local charities
https://www.twopresents.com | |
Twopresents | |
One for you, one for charity |
SOCIAL ISSUES
- It is generally difficult for charities, especially smaller ones, to raise funds to support their programmes
- 50 million HKD is spent every year on gifts alone for children’s birthday parties among the top private clubs. Most of the gifts are simply ornamental and get thrown away right after the party
SOCIAL INNOVATION
- A combined online platform to manage parties and raise funds
- Transformation of the gifting habits into charitable sharing, without incurring extra costs
EXCEPTED SOCIAL IMPACT
142 tonnes or 290,000 pieces of gifts to be prevented from going to waste | |
36,000,000 Hong Kong DollarsHKD to be raised per annum | |
1,000,000 benefitted individuals to receive assistance from the associated charities | |
3,100,000 Hong Kong Dollars to be raised from about 1,200 parties to support 35+ charities in Hong Kong |
BUSINESS MODEL
Twopresents gains revenue from processing fees from the hosts
PROGRAMME CONTENT
Visiting chosen charities
To encourage donors to learn more about the charity’s missions and to allow transferring the donation in person
Select range of charities
A select range of charities to choose from, primarily those who contribute to alleviating poverty, to environmental protection, to child development, to elderly care and to social inclusion are given priorities