13% more social enterprises achieve over S$1m in annual revenue in 2020

Thirteen per cent more social enterprises managed to rake in more than S$1 million in annual revenue last year. This means the 368 social enterprises under the Singapore Centre for Social Enterprise are now worth S$179 million. President Halimah Yacob praised their resilience as she pointed out the need for a proactive approach in tough times and the role leadership plays in transforming the industry.

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