The National Innovation Agency, along with the National Health Foundation and Mahidol University, organized a seminar to discuss systemic innovation aimed at reducing inequality through Social Impact Partnerships and Pay for Success models. The event highlighted the importance of outcome-based funding for addressing complex social and environmental challenges.
This initiative seeks to unlock crucial funding for social startups and enterprises, enabling them to scale innovative solutions and create widespread positive social impact across Thailand, despite the Pay for Success concept being in its nascent stages within the country.
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NIA co-hosted a seminar to promote systemic innovation and Pay for Success models for reducing social inequality in Thailand.