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Home Education IIM-Bangalore, Capgemini invite applications for social social start-up incubation programme

IIM-Bangalore, Capgemini invite applications for social social start-up incubation programme

NSRCEL, the start-up hub at IIM-Bangalore collaborated with Capgemini in India to support social start-ups under the NSRCEL social programme. It aims to support not-for-profit tech-enabled ventures solving social problems and impacting areas of education, employability, and the environment. The programme will be accepting applications from January 6 onwards.

Under the programme, early-stage ventures which are not older than two years with a minimum of six months of groundwork will be shortlisted for a three-month pre-incubation phase. During the pre-incubation phase of the programme, entrepreneurs will be engaged in capacity-building workshops and sessions by sector-specific experts to enrich their technical know-how. The entrepreneurs will get a robust opportunity to network with more than 800 ventures from previous cohorts at NSRCEL. Capgemini Innovation and Applied Innovation Exchange teams will mentor the selected start-ups.

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The incubation phase will focus on entrepreneurs getting access to workshops on building their value proposition, impact measurement, leadership capacity building, legal and compliance support, a strategic road map for scaling, and more, along with a grant. Capgemini’s Applied Innovation Academy will be engaged in these pre-incubation and incubation phase proficiency-building activities. Post-pre-incubation, the ventures will be given an opportunity to pitch to NSRCEL for a 12-month incubation journey, said IIM-B in an official statement.

The participants of the NSRCEL social programme will receive continued support after program completion through webinars, masterclasses, guest lectures, and workshops, the IIM said.

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“We are very excited to collaborate with Capgemini in this novel endeavor to nurture and scale up social entrepreneurs. A large country like ours has an abundance of challenges as well as talent and passion to solve them. But building a sustainable social enterprise takes more than passion. With a strong commitment from Capgemini, NSRCEL is confident in creating a platform that can set a global benchmark for developing entrepreneurs who are ready to make a lasting impact on the society that they serve”, said Professor Venkatesh Panchapagesan, Chair, NSRCEL and faculty in the Finance & Accounting area of IIM-B.

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