We learned that startups that usually get grants are those that have projects aimed at eradicating poverty and social injustices. Below are ways in which a good startup can do these:
A startup business can make a social impact by removing barriers that hinder employment through vocational training of various groups or individuals. These can be those that empower them technologically and those that enable them to be in a better position to get funding such as how to draft a good business proposal and business plan.
A startup business can offer employment opportunities to the elderly, disabled, and disadvantaged members of the Hong Kong community.
A startup can bring about a social impact by offering subsidized products and services for disadvantaged communities thereby reducing the cost of living.