Giving social enterprises a (professional) helping hand

In September last year, Mr Peter Yang started Empact, a business that offers social enterprises and non-profit organisations professional services at rates that are at least 50 per cent below commercial ones. To keep up with demand, he tied up with SMU and SIM to provide volunteers from accounting or law schools. In a typical project, students carry out the actual work required by Empact’s client, such as bookkeeping or drafting contracts, under the guidance of a working professional volunteer. Empact acts as the front for the whole project and manages the process between clients and volunteers.