China Charity Fair launches the “Venture Philanthropy Partner Plan”

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To narrow the information gap between philanthropic projects and supporting funds, China Charity Fair (CCF)  has set up a resource platform online. According to CCF‘s organizing committee, the platform has recently launched the “Venture Philanthropy Partner Plan” (社会创投合伙人计划) to provide more opportunities for the exhibited projects and organizations at CCF. Up until now, it has attracted the attention of more than 20 “partners” from charity funds, businesses, governmental departments and social groups. And a total amount of 63.67 million yuan has been raised to fund public welfare projects at CCF. By holding a road show of these projects in its No. 1 exhibition hall, CCF hopes to attract more project starters to bring business mode into charities.

Furthermore, to better connect funds with exhibited projects, the 4th CCF will put together two ranking lists: “Best Charitable Practice of the Year from Listed Companies” (上市公司年度最佳公益实践) “Most Valuable Projects of the Year” (年度最具捐赠价值公益项目). Each will select 50 and 10 businesses or NGOs respectively. To ensure the accountability of the selecting process, both professionals and media representatives will be invited to give reviews. The specific lists will be made public officially on September 19th at CCF.