EDIS (Economic Development Innovations Singapore) is an international economic development company that provides strategic advice to other countries by leveraging on its experience in Singapore. Innate to its business is the need for a long-term, strategic view, flexibility and a nimble attitude, which it also applies to its Corporate Social Responsibility (CSR) efforts.
Its CSR initiative EDIS Cares creates opportunities for disadvantaged children in Singapore by helping them to reach their full potential. From the onset, EDIS Cares adopted a non-traditional CSR model – looking to understand the basic needs of beneficiaries, co-run programmes with community partners and recruit volunteers from outside the company.
For fundraising, it tapped on the book launch of ‘Neither Civil Nor Servant’ – an authorised biography of EDIS chairman Philip Yeo – which raised over $500,000 from book sales and private donations for the EDIS Cares Fund. Managed by the Community Foundation of Singapore, the EDIS Cares Fund is expected to grow and support programme expansion over the next three years.
Some of the programmes that EDIS Cares supports include the Early Learning Programme – a literacy and numeracy intervention programme for 6 to 7 year-olds as well as iShine – a thematic exploratory learning programme that provides children with aspirational experiences.
“CFS worked closely with us to set up our EDIS Cares Fund. They took time to understand our innovative CSR model and helped us realise our goal of creating more opportunities for disadvantaged children. Through CFS, we have been able to focus on growing the impact of our programmes.” said Abel Ang, CEO of Economic Development Innovations Singapore.
So far, EDIS Cares has impacted over 300 children and hopes to double the number of children, volunteers and partners it reaches over the next three years.
Photos: Singapore Press Holdings, EDIS Cares