Abu Dhabi’s Ma’an Launches New Digital Funding Platform
The Ma’an Contribution Platform hopes to not only aid social enterprises, but also social service groups, nonprofits and volunteer groups, by developing a consistent source of funding for them.
Abu Dhabi’s Authority of Social Contribution, aka Ma’an, has launched a new digital funding platform under its Social Investment Fund, with the aim of raising capital from the Abu Dhabi ecosystem and channeling it into sustainable solutions.
With a particular focus on health, employment & education, family and community, and environment, the Ma’an Contribution Platform hopes to not only aid social enterprises, but also social service groups, nonprofits and volunteer groups, by developing a consistent source of funding for them. It also has a larger goal of bridging the gap that exists between government entities and the private sector in order to hone in on the experience and expertise needed to address social challenges.
“Through this new Social Investment Fund initiative, we are providing a long-term foundation for us all to work together to bring the vision of our leaders to life to ensure everyone in Abu Dhabi can participate in and enjoy a healthy, sustainable and prosperous society,” director general of Ma’an, Salama Al Ameemi (pictured in main image), on the new platform.
In working towards a more integrated ecosystem, the platform explicitly identifies four key points for its approach: raising funds, managing contributions, deploying capital in social projects and measuring the impact.
Find out more here.
