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AGENSI INOVASI MALAYSIA 22 September 2016 Mark Rozario Chief Executive Officer 1

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Page 1: AGENSI INOVASI MALAYSIA - World Bankpubdocs.worldbank.org/en/310081476811922683/... · AGENSI INOVASI MALAYSIA ... SF PPP for targeted social impact Government The Payor ... •Gangsterism

AGENSI INOVASI MALAYSIA

22 September 2016

Mark Rozario

Chief Executive Officer

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Page 2: AGENSI INOVASI MALAYSIA - World Bankpubdocs.worldbank.org/en/310081476811922683/... · AGENSI INOVASI MALAYSIA ... SF PPP for targeted social impact Government The Payor ... •Gangsterism

AIM’s 2016 Key Focus Areas

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Page 3: AGENSI INOVASI MALAYSIA - World Bankpubdocs.worldbank.org/en/310081476811922683/... · AGENSI INOVASI MALAYSIA ... SF PPP for targeted social impact Government The Payor ... •Gangsterism

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Create:

Social finance for public-private partnership

model

Incentives for social impact investment

Taskforce to coordinate social service initiatives

Raise:

Involvement of private sector and NGOs & CBOs in SPDD

Programme to enhance professionalism, capability of NGOs &

CBOs

Performance-based incentives to encourage social enterprises

Page 4: AGENSI INOVASI MALAYSIA - World Bankpubdocs.worldbank.org/en/310081476811922683/... · AGENSI INOVASI MALAYSIA ... SF PPP for targeted social impact Government The Payor ... •Gangsterism

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SPPP – What’s Been Done ?

SF PPP for targeted social impact

Government

The Payor • Shift traditional social service delivery model to

collaborative (PPP) model and ensure efficiencies • Attract private investors to create preventive measures for

complex problems rather than reactive programs

• Enable trial of new delivery model with minimal cost

The Operator • Fill gaps in social service delivery • Provide exposure and opportunity to youth with

energy, passion, and expertise in technology • Enable social enterprises to adapt and change the

service according to their experience

The Investor • Enable scale up or create new commercial

businesses that answer social wellbeing

Win-win-win for all parties involved Example partners

SPO

Private sector

Page 5: AGENSI INOVASI MALAYSIA - World Bankpubdocs.worldbank.org/en/310081476811922683/... · AGENSI INOVASI MALAYSIA ... SF PPP for targeted social impact Government The Payor ... •Gangsterism

Social PPP will lead to a Social Financing Model

2017 2020

Advancing Malaysia, as an economically

and socially inclusive nation

Social PPP

Government and private sector collaborating in

supporting social intervention projects

Social Progress Assessment

Social Indicators to guide measurement of social

impact

Social Outcome Fund

Payment by results model for social intervention

11MP Game Changer : Translating Innovation to Wealth

Strategy

F5 Strengthening collaboration through a whole society approach. F6 Developing a social financing model.

On-going Initiatives

In Collaboration With

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Page 6: AGENSI INOVASI MALAYSIA - World Bankpubdocs.worldbank.org/en/310081476811922683/... · AGENSI INOVASI MALAYSIA ... SF PPP for targeted social impact Government The Payor ... •Gangsterism

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Deep poverty

Destitute persons

7 categories of social issues Examples

• Drug, alcohol and substance abuse

• Gangsterism & juvenile delinquency

• Lack of early diagnosis, interventions for mental and physical disabilities

Obstacles to quality

healthcare

Falling prey to abuse

Obstacles to employment

Committing crime

Engaging in vice

Obstacles to quality

education

Quality of living

conditions

Forgotten members of

society

Target segment

Social Progress Assessment – Targeted Social Issues

Page 7: AGENSI INOVASI MALAYSIA - World Bankpubdocs.worldbank.org/en/310081476811922683/... · AGENSI INOVASI MALAYSIA ... SF PPP for targeted social impact Government The Payor ... •Gangsterism

Next Step – Social Outcome Fund

Social Outcome Fund (SOF)

“Payment by Results” fund for Social Interventions

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To begin in 2017

Page 8: AGENSI INOVASI MALAYSIA - World Bankpubdocs.worldbank.org/en/310081476811922683/... · AGENSI INOVASI MALAYSIA ... SF PPP for targeted social impact Government The Payor ... •Gangsterism

THANK YOU

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