What is social capital (SC)?
		"Social capital refers to the institutions, relationships, and norms that shape the quality and quantity of a society's social interactions. The “Elements” of social capital are based on key definitions from academics involved in the World Bank: social norms (individual attitudes and social values), networks, and institutions. The “Strategies” deployed in social capital development included: “Cognitive”, “Relational” and “Structural” dimensions, incorporating psychological and sociological concepts of “role transformation”, “social trust” in horizontal “bridging” across heterogeneous groups and collaboration in vertical “linking” partnerships across sectors and power hierarchy. Social capital is more than the sum of the institutions or the talents of individuals that underpin a society – it is the glue that holds the people and the institutions together, to work for the common good.
	The Fund seeks to accomplish the following objectives:
	(a)	to promote community participation, mutual assistance, support and social inclusion provided through strengthened community networks in the community. This will in turn help reinforce the sense of belonging in the community, enhance the social networks of individuals and families, broaden the support base available to assist them to resolve their problems and address common concerns. These community networks, strengthened relations, sense of belonging, and willingness to provide mutual aid form the foundation of social capital; and
	(b)	to encourage and facilitate cooperation between organisations of different nature (such as non-governmental organisations and the private sector), as well as cross-sectoral collaboration (such as that between welfare agencies and education organisations), in social networking and community support projects.
	Means to Accomplish the Objectives
		The Fund will accomplish these goals by encouraging bottom-up solutions that seek to promote the development of social capital, and by supporting local or territory-wide community projects initiated by the community itself. This would ultimately promote joined-up efforts between community groups, corporate bodies or professional groups and the Government, to contribute to the social well-being.