NASSCOM Foundation and Industry Partners to Provide Catalytic Monetary Grants and Technology Support to Social Innovators – Launch NASSCOM Social Innovation Forum
Posted by: Clara Fernandes at 8/31/2016 04:00:00 am
- Mphasis to fund grant money and Accenture Labs to provide technology support for the winning projects, to be complimented with industry led mentoring support
- Applications from NGOs, Social Enterprises, and entrepreneurs with innovative projects that use technology for solving key development issues invited
Bangalore, August 31, 2016:- NASSCOM Foundation, in collaboration with industry leaders Mphasis, a leading IT services and solutions provider, today announced the launch of the ninth edition of the NASSCOM Social Innovation Forum - a platform that fosters innovative use of technology to create sustained social impact. The program instituted since 2008, selects, awards and support to scale innovative ICT based projects, including products and solutions that have the potential to address critical gaps in key developmental areas and thus contribute to inclusive growth.
Building on its strength from past many years successes and learnings, the Forum is confident of receiving valuable entries this year as well, from a diverse mix of social innovators including NGOs, Social Enterprises, For-profit Enterprises and Individuals.
With support from Mphasis, the Forum will award catalytic grants to the tune of Rs. 60 Lakhs to scalable innovations with a potential to create large scale impact in Primary and Secondary Education in India.
With support from Accenture Labs, the Forum will provide technology development and advisory support to select NGOs and social innovations.
The projects will also be provided with support to scale services and industry led mentoring. The focus areas that the Forum will accept applications are Education, Primary Healthcare, Accessibility, Livelihood and Agriculture, Environment and other socially relevant areas. With an aim to drive CSR capital to grow and scale social innovative programs, the forum will support to help scale innovative solutions on these themes, that are aligned with the Government’s development priorities for inclusive development and empowerment of the underserved and the poor.
Commenting on the occasion, Puneet Bhirani, Chief People and Administrative Officer, Mphasis, said “Technology when integrated with education has the potential to catalyse the impact at a significant level. It brings efficiency, productivity and scale that can positively affect educational outcomes for a large underserved section of the society. We are hopeful that, this year too, NSIF will attract entries from innovative social enterprises which will have the vision to impact and scale and thus contribute to inclusive development of India”.
“Accenture is honoured and excited to be a part of this initiative,” said Sanjay Podder, Managing Director, Accenture Labs, Bangalore; “Our Accenture Labs are committed to driving social transformation through our Tech4Good programs. Applying our cutting-edge technology and research, our technologists are dedicated to creating innovation solutions to support social entrepreneurs. We look forward to working with NASSCOM Foundation to solve critical social problems utilizing the power of emerging technologies at-scale.”
Dr. Ganesh Natarajan, Chair, NASSCOM Foundation said, “"NASSCOM Social Innovation Forum, steps into its 9th edition with a clear focus towards building an Inclusive India by using technology solutions for social good. As one of India's largest social innovation platforms, this year, NSIF will move a step forward and not just give grants and mentorship, but also provide end-to-end technology solution to a chosen social innovation and technology advisory to two others. We are glad to continue our partnership with Mphasis and find a new partner in Accenture to help us in our journey to solve the hardest of the social challenges from across the country."
NSIF has supported many innovative initiatives over the years and helped enhance developmental impact in India. In The last edition, three impactful projects received grants and a cohort of six projects is undergoing mentoring support through the Forum.
Applications for NSIF 2017 will remain open till 30 September, 2016.
About NASSCOM Foundation:
NASSCOM Foundation is a leading non-profit organization driving technology for good. The Foundation’s work is just as expansive and evolutionary as the potential that technology and corporate India entail. Drawing strength from its parent body NASSCOM, the Foundation works closely with four major stakeholders: NASSCOM member companies, NGOs, emerging social enterprises and Government to foster a strategic relationship between technology and development. NASSCOM Foundation’s core initiatives include working for Persons with Disabilities, fostering innovative solutions for social good, creating unique skilling models for underserved communities, and digital literacy where it is the industry partner to the Govt. of India’s National Digital Literacy Mission (NDLM / DiSHA)
For more information, visit www.nasscomfoundation.org
Mphasis enables chosen customers to meet the demands of an evolving market place. Recently named by American Banker and BAI as one of the top companies in FinTech and as the "Most Distinguished Digital Company in 2015" by The Economic Times, Mphasis fuels this by combining superior human capital with cutting edge solutions in hyper-specialized areas. Contact Mphasis on www.mphasis.com
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 375,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com