Since the inception of the new SESI team, after the last World Congress, we have considered a number of initiatives towards developing a financial institution that would support enterprise developments, for the same reason that Bapak established our World Bank (BSB) in 1972. We first suggested a collaboration with SDIA to establish a Micro-Finance project worldwide; then to set up a broader-based Virtual Bank that would provide banking services to our membership.
However in analyzing the limitations to the technical and financial resources available, at this time, SESI concluded that our mission would be better served if we aimed for less ambitious approaches, to start with. From this sprang the FinCo initiative as the first of the new Subud Enterprise to be established, although this too is subject to the feasibility study that is being prepared (see FinCo on the Home Page).
Current Projects
Outlined below are some of the current projects and initiatives being undertaken by SESI.
If you would like to comment on any of the projects or initiatives, please click on the link below the description which will take you to the related discussion in the Forums section. You can also read any previous comments there in a thread. Please note, you must be logged on in order to go to Forums and to comment.
SESI Website: Development of a new SESI website with a particular emphasis on information and services aimed at facilitating the development of enterprises by Subud members and also the development of larger, collective Subud Enterprises, consistent with the advice of Bapak Muhammad Subuh over many years. Go to the discussion forum about the website here.
SIA: SESI has established a new entity, Sinar Investors' Association (SIA) in Indonesia to act as a conduit between Kalimantan Gold Corporation (KGC) and its Subud shareholders. It is possible that this function can be extended to any other Subud enterprise with substantial numbers of investors. See the article about SIA by Ruslan Morris on the homepage. Go to the discussion about SIA here.
Web Services Shop: The Web Services Shop has been established by SESI (with the support of the WSA) to provide low cost web development services to parts of the Subud organisation, to Subud enterprises and to Subud members. The WSS operates on a not-for-profit and cost-recovery basis. As well as developing SESI’s website and multiple language versions of the WSA website, the WSS is currently undertaking work to assist the WSA with effective e-mail messaging to Subud members around the world. There is no discussion group about the WSS, but visit the WSS page on this website here.
FinCo: Following on from recent resolutions of the WSC, SESI is currently evaluating the feasibility of a new business that would initiate, finance and/or invest in enterprises in Kalimantan which are based on opportunities and spin-outs arising from existing enterprises there which have a relationship with Subud. Go to the discussion forum about FinCo here.
SES National Representatives Network: Development and support of a strong network of SES National Representatives in countries throughout the Subud World. Go to the discussion about SES National Representatives here.
Future Projects
Possible future projects include SESI contributing to the Subud Houses and Communities initiative, and in particular developing resources and information about the development of enterprises which can support and integrate with Subud centres and communities.
Another possible initiative is the development of an enterprise workshop program run in conjunction with National SES Representatives for the benefit of individual entrepreneurs and/or enterprising committees.
If you have a view on what projects SESI should be involved in, please go to the discussion here.