Charity incubator seeking projects
The Effective Philanthropy Multiplier (EPM), an online incubator for charity projects, announced on July 3 that it will seek more projects to set up pages on its platform. EPM, in return, will offer a series of services including resource sharing and fundraising. It also offers an annual 20,000 yuan fund for selected projects that have seen good returns and proved to be effective at finding solutions to existing social problems. The number of charitable organizations has surged in recent years, according to China Philanthropy Times, with the total number exceeding 800,000. However, many find it hard to promote their experience and projects due to a lack of funds and resources. To date, EPM has selected 47 projects and promoted them to more than 1,000 organizations across the country.