ABOUT the 2021 SUMMIT
Inclusive businesses provide goods, services, and livelihoods on a commercially viable basis, to people living at the base of the pyramid making them part of the value chain of companies as suppliers, distributors, retailers, or customers.
ASEAN governments have been exploring means to encourage more inclusive businesses (IB) to emerge, replicate and scale-up, and some member states are introducing national strategies and programmes to promote IB. At its 52nd Meeting in August 2020, ASEAN Economic Ministers endorsed the Guidelines for the Promotion of Inclusive Business in ASEAN.
At the same time, despite the current difficult COVID-19 context, business leaders, impact investors, and development actors are investing in IB models that support economic growth and social impact at scale.
The ASEAN Community is promoting inclusive business to address the challenges posed by COVID-19 and build back better. Business leaders and investors can learn from the diversity of business models in this region and public officials want to explore how to put into practice the recently adopted Guidelines for the Promotion of Inclusive Business in ASEAN.
The Fourth ASEAN Inclusive Business Summit will present a diversity of buisness models in South East Asia and beyond that are helping to buid back better. It will:
showcase essential elements that make a business model both inclusive and commercially viable, and
explore how inclusive business are helping low-income and marginalized populations to recover from the economic crisis, and
present digital solutions, investment models, and partnerships that enable businesses to address the challenges posed by COVID-19 and build back better.
The Summit will explore how governments can put into practice the Guidelines for the Promotion of Inclusive Business in ASEAN. It will discuss in detail two of the core measured suggested in the Guidelines:
The establishment of an inclusive business accreditation and registration system
The provision of business coaching services for firms to develop inclusive business models
Government representatives and CEOs of inclusive businesses will share their views on how inclusive business can address the social and economic challenges that citizens, SMEs and governments in ASEAN face to respond and recover from the COVID-19 crisis.
The event will identify and explore IB models, partnerships and digital solutions that help address the social and economic challenges posed by COVID-19, including:
sustaining agricultural value chains;
responding to the health and social crisis generated by COVID-19;
facilitating access to finance for businesses in times of crisis; and
supporting the resilience, recovery and development of SMEs.
Inclusive business leaders and other stakeholders with a track record in doing well while doing good will share their experience in sustaining value chains that provide business opportunities for SMEs and entrepreneurs, and deliver essential goods and services for those at the base of the economic pyramid.
The Summit will feature and attract multiple stakeholders involved in the inclusive business ecosystem in ASEAN, including:
CEOs from companies with inclusive business models
Public officials promoting inclusive business
Financial institutions and multilateral development banks investing in inclusive business
Organizations supporting inclusive business development
National and international development partners and civil society organisations supporting public and private sector initiatives relevant for inclusive businesses.
The Summit will be organised virtually, and it is expected to attract about 150 attendants.
The Fourth ASEAN Inclusive Business Summit will share learnings in the promotion of inclusive business. It will identify digital solutions, investment models, and partnerships that enable businesses to address the challenges posed by COVID-19 and build back better. The Summit will also explore in detail how to put into practice the Guidelines for the Promotion of Inclusive Business in ASEAN, particularly on IB accreditation and registration as well as IB coaching for companies.