IIM Calcutta Innovation Park (IIMCIP) in association with Rotary Club of Calcutta Renaissance – RI District 3291, conducted the INVENT Social Entrepreneurship Awareness Programme on the 11th of June’2017 at Rotary Sadan – Kolkata.
The primary objective of this event was to build awareness on social entrepreneurship, generate interest and inspire the young generation to come up with innovative solutions to social challenges.
The event began with an opening address by Mr. Chirabrata Mazumdar, President- Rotary Club of Calcutta Renaissance. Mr Gaurav Kapoor, Head- INVENT (IIMCIP) presented a talk on social entrepreneurship- what is it and innovative startups in the social entrepreneurship space. This was followed by a panel discussion on ‘Journey of Social Entrepreneur- its Challenges’. The panelist comprised of F&B company owner, Debayan Biswas from North Bengal speaking on his venture MOMOS on Wheels which has successfully innovated frozen momos with a life span of 9 months and is working with unemployed women rejected by society; Prof Somprakash Bandyopadhyay, Mentor of ‘NexConnect Venture’ a unified digital teaching-learning platform that seeks to provide a quality learning environment to every child/student in both rural and urban areas; and Mr Sandip Datta, Senior representative from ‘IKure’, which has a vision to provide affordable, accessible and quality healthcare using technological intervention.
The audience were highly engaged in the programme and actively participated in the same. The programme was a grand success and acquired positive responses from enthusiastic individuals from various sectors.
Read More
Sixth INVENT outreach programme was held at GMIT , Baruipur on Monday , May 15, 2017. There were about 100 participants including students and faculty members from different colleges of Baruipur. The programme kick-started with the welcome note by the Chairman of the College.This was followed by an overview on the INVENT program , Social Entrepreneurship and “Ideation & Creating Business Plan” for the budding entrepreneurs by Mr Soujit Das of IIMCIP. Mr Prantik Sinha of Agastya Buyont and Mr Biswajit Dey of Edurade, two entrepreneurs who are incubated at IIMCIP shared their journey so far-challenges faced, milestones achieved. A session was conducted where the students displayed their project models and earned valuable inputs from the IIMCIP team members. Audience actively participated in the sessions conducted and the programme received positive responses from enthusiastic budding entrepreneurs.
Read MoreThe 4-day workshop on Managing Innovation in Small Businesses, started on the 31st of May’ 2017 with 15 participants from different parts of the country.
The programme delved into not only theoretical concepts but also practical tools and techniques to help participants generate innovative product/service ideas, validate them and manage their product development process. It included Experiential Learning Methodology (ELM) using a blend of classroom lectures, presentations, case studies, group discussions and hands-on exercises.
The participants were at the beginning given an opportunity to speak about their existing business model and share the challenges they are facing. Through the span of next three days participants were exposed to the different facets of innovation & entrepreneurship-Innovation Basics, Customer value propositions, Ideation Technique, Design Thinking, Marketing and Branding, Business Model Canvas, Financing Essentials and Presentation Skills.
On the last day the teams presented their business models based on their learning, after being given hands-on experience on how to bring innovation in their existing ventures.
The workshop helped the participants to look at their businesses from a whole new perspective and helped them to think differently by giving pivotal importance to the customer’s pain points. The workshop particularly assisted Small and Medium Enterprises (SMEs) not only to find the ‘right idea’ to grow their business but also to improve their overall innovativeness.
Read MoreIIM Calcutta Innovation Park in association with the TATA group hosted the Thinking Social Seminar at Pacchunga University College on March 31st, 2017. The primary objective of this event was to build awareness on social entrepreneurship, generate interest and inspire the young generation to come up with innovative solutions to social challenges. The speakers of the seminar comprised of eminent and social entrepreneurs, investors and academicians who have already established their own outstanding ventures and have impacted the lives of thousands of people.
The seminar commenced with the welcome address by Dr. C. Vanlalramsanga, IES, Secretary Planning Department and Alternate Chairman of Mizoram State Entrepreneurship Development Monitoring Committee (MEDMOC) who spoke about the various initiatives which the Mizoram government has been taking up on Entrepreneurship Development. He also urged the students to take inspiration from these social entrepreneurs so that they can take up entrepreneurship as a career option.
Prof. C D Mitra, IIM Calcutta spoke about who is a social entrepreneur and how to identify gaps and create a business opportunity out of it. He said, “Being an entrepreneur is not only about starting your own venture, It is essentially finding a gap between what is and what should be. The moment you find a smart way to bridge that gap connected to a social problem and you create a business opportunity, you become a social entrepreneur.” He urged the students to innovatively solve some of the unsolved problems in the state.
Mr. Vikram Duggal, Unitus Seed Fund said, “There are so many unresolved problems, especially in the North-Eastern regions of India. Social Entrepreneurs have tremendous opportunity to create profitable businesses and impact lives of underserved masses at same time. He also added that at Unitus Seed fund they need to see traction, among other things, before investing in any startup. Ten of the portfolio companies have raised series A and two have raised series B funding.
Mr Debayan Biswas, Founder: Momo on Wheels said, “All north eastern states are filled with opportunities which contribute towards the development of nation’s economic growth. We just need to be aware of these opportunities in the state in order to solve some of the social challenges.”
Mr Gaurav Kapoor, Innokul, spoke about the various social issues plaguing our nation in the health, environment, education, population and employment sectors and how youth can take cognizance of these issues and come up with relevant indigenous solutions. He inspired the youth with videos of live examples of social enterprises that have solved some mammoth social challenges in their respective sectors. He also gave the audience a deep insight into the concept of social enterprises and how they function.
The seminar ended with an interactive Q & A session, where questions were posed by not only the students but faculty as well.
Read MoreA business plan pitching session was conducted by IIM Calcutta Innovation Park at the Bihar Entrepreneurship Summit on 21 March 2017. Over 100+ startups had applied initially through an online application process and from there 15 startups were shortlisted for the final pitching session.
The Judging panel comprised of members from the startup ecosystem (IIM Calcutta, IIM Calcutta Innovation Park, YourStory, Nasscom, F6S).
Top three teams were awarded a total of 1 lakh cash prize. The winners were:
The 4-day workshop on Managing Innovation in Small Businesses, started on the 16th of March’2017 with 22 participants from different parts of the country.
The programme delved not only into theoretical concepts but also practical tools and techniques to help participants generate innovative product/service ideas, validate them and manage their product development process. It included Experiential Learning Methodology (ELM) using a blend of classroom lectures, presentations, case studies, group discussions and hands-on exercises.
The participants, a mix of small business owners and aspiring entrepreneurs, were given exposure to the different facets of innovation & entrepreneurship-Innovation Basics, Customer value propositions, Ideation Technique, Design Thinking, Marketing and Branding, Business Model Canvas, Financing Essentials and Presentation Skills.
The workshop helped the participants acquire necessary skills to successfully manage innovation in their business. It particularly assisted Small and Medium Enterprises (SMEs) not only to find the ‘right idea’ to grow their business but also to improve their overall innovativeness.
Read MoreIIM Calcutta Innovation Park in association with the TATA group hosted the Thinking Social Seminar at Shiv Nadar University on April 8th, 2017. The primary objective of this event was to build awareness on social entrepreneurship, generate interest and inspire the young generation to come up with innovative solutions to social challenges. The speakers of the seminar comprised of eminent and social entrepreneurs, investors and academicians who have already established their own outstanding ventures and have impacted the lives of thousands of people.
The seminar commenced with the welcome address by Prof. Partha Roy, Professor at School of Management and Entrepreneurship (SME), Shiv Nadar University. He was very happy with this initiative which they have conducting for the last three years.
Prof. C D Mitra, IIM Calcutta spoke about who is a social entrepreneur and how to identify gaps and create a business opportunity out of it. He said, “The world is full of social problems which need to be solved. An entrepreneur who tries to solve these problems through his venture is a social entrepreneur.” He also conducted a small session with the students where he asked them to identify some problems in the country and think of a solution to overcome the problems. The students were very enthusiastic and came up with problems like – Pollution, Illiteracy, Mental Health, Poor conditions of the farmers, infant mortality etc.
Neha Arora, Founder – Plantet Abled spoke about her venture and how she is helping the community with people having disabilities. She gave an insight to the audience about the lives and challenges of people with disabilities and hoped that they would now be empathetic and observant about how simple things can be path breaking for someone.
Anuroop and Ashish Agarwal, Founder: Talento Consulting, shared with the audience about their startup journey. Their company Talento Consulting is a Skill Development Company providing end to end solutions to improve productivity for businesses and enhance employability. They concluded by saying, “A skilled India is the medium to reap the benefits of our demographic dividend and to become a developed country”
Kapil Mandawewala, Founder – Edible Routes, shared with the audience about how he started his venture after returning from the U.S as a consultant. Kapil had a keen interest in the agri-business sector which helped him to start Edible Routes. He mentioned that, “We don’t know where the food we eat is grown or what chemicals are used to grow it.” His organization – Edible Routes – conducts kitchen gardening workshops for adults and school children and they also set up kitchen gardens to help people grow their own vegetables and reconnect with nature.
Dr Avijit Chakrabarthi, Founder – Bindubot, started by giving a simple definition of a social enterprise. He said, “To combine a social objective with a business formula is a social enterprise.” He also mentioned that. “Unless there is passion in the entrepreneur, the venture will not work.” Dr Chakrabarthi also spoke about how Bollywood is the biggest social enterprise in our country as it highlights (though it’s movies) some of the most prevalent social issues like – Poverty, unemployment, homelessness and other social issues.
The seminar ended with an interactive Q & A session, where questions were posed by not only the students but faculty as well.
Read More
IIM Calcutta Innovation Park in association with the TATA group hosted the Thinking Social Seminar at XIM, Bhubaneswar in partnership with e-Kutir and PNV foundation as part of the GSIS (Glocal Social on February 18th, 2017. The primary objective of this event was to build awareness on social entrepreneurship, generate interest and inspire the young generation to come up with innovative solutions to social challenges. The speakers of the seminar comprised of eminent and social entrepreneurs, investors and academicians who have already established their own outstanding ventures and have impacted the lives of thousands of people.
The speakers consisted of an esteemed panel of entrepreneurs including Mr. K M Mishra, Founder, e-Kutir; Smita Agarwal – Head CSR, Tata Steel; Mr. Jaynarayan Pujapanda, Founder, Sahaya Foundation; Mr. Joe Madiath – Founder Gram Vikas, and Tanaya Patnaik, Executive Director Sambad Group.
The seminar commenced with the welcome address by Mr Satyabrata Rath, Co-founder PNV Foundation emphasized on what it really means to be social and he added that “Being social doesn’t just mean being on the social media but also being Social in the true sense of the word.”
Ms Smita Agarwal, Head CSR – Tata Steel, spoke about the activities of Tata Steel. She said, “In line with the spirit of Jamsetji Tata, we have picked up issues in the communities around us and tried to find solutions to them. In this way we have created projects to address multiple aspects of community life and better it.”
Mr. Jaynarayan Pujapanda, Founder, Sahaya Foundation shared with the audience his inspiring journey from a sales person to an entrepreneur. He mentioned that to become a social entrepreneur one needs to first become an entrepreneur and have the right kind of skills set. He also spoke about how Paris Bakery, his profit venture has helped him to establish Sahaya Foundation.
Mr K C Mishra, Founder – e-Kutir spoke about how social business is the need of the hour not only in extending marketing based principles but also a career opportunity for the youngsters.
Dr. Birupaskshya Dixit, Practical Action spoke about how his organization is supporting social enterprises in Orrisa. His organization finds out what people are doing and helps them to do it in a better way. Through technology they enable poor communities to build on their skills and knowledge to produce sustainable and practical solutions- transforming their lives forever and protecting the world around them.
Tanaya Patnaik, Executive Director Sambad Group interacted with the students and expressed her views on social entrepreneurship. She spoke about her ventures like – Sambad School of Media and Culture, Kanak News and Sambad newspapers and how these have contributed to social activities.
The post lunch session started with 10 pitches from various entrepreneurs to a panel of judges whose ideas were shortlisted by XIMB and PNV foundation. There were many ideas which were generated to address the problems in various sectors like: agriculture, e-commerce solutions, healthcare services, education and other social problems of society. Three best ideas were awarded by the jury members.
The seminar ended with an interactive Q & A session, where questions were posed by not only the students but faculty as well.
Read More
The 10th International Entrepreneurship Summit was conducted at the IIM Calcutta campus on 5th February 2017.
The conclave was inaugurated by Prof Ashok Banerjee, Director, IIM Calcutta Innovation Park. 600+ students and entrepreneurs from the local region attended the event.
Mr P. P Sengupta, Chief General Manager, SBI was one of the chief speakers of the day. He shared with the audience, a banker’s perspective in creating an investable business.
This was followed by a highly interesting and informative talk by Mrs. Mridula Ramesh, Joint Managing Director, Southern Roadways Limited & Executive Director, Sundaram Textiles, on Cleantech Technologies.
Dr. Larry Cox, Associate Professor, Entrepreneurship, Pepperdine University gifted the audience a warm and interactive session about creativity and innovation.
The audience also had the golden opportunity to hear Dr. Kanchan Gaba, Chairperson, International Institute for Self-Reliance, share her experiences which was praiseworthy and highly motivating.
This was followed by the ‘Grill’ where 10 entrepreneurs from the eastern region of India pitched their startup ideas to a panel of Investors.
Mr. Mohit Kapoor, Head – Alliances, Reliance Jio and Mr. Amey Mashelkar, Mentor-in-Residence, GenNext Hub spoke about Start up support ecosystem.
We were fortunate to have with us Mr. Jayesh Parekh, Managing Partner, Jungle Ventures & Co-Founder, Sony Entertainment Television, share his journey as an entrepreneur.
We also had “Idea Village” where innovative start-ups showcased and promoted their products and services in exhibition stalls.
The evening closed with the announcement of the top 10 teams of Ideas to Implementation and, lighting of lantern by the audience.
Read More
Ideas to Implementation, popularly known as I2i is an International Business Plan competition which endeavours to provide an ideal platform for budding entrepreneurs to realize their dreams by making them connect to ideas, fund and people who matter.
Prospective winners get the golden opportunity to win cash prizes worth 4.5 lakhs and Incubation support at IIM Calcutta Innovation Park.
I2i this year received huge response with 400+ entries.
23 teams were shortlisted for the semi-finals which was conducted at IIM Calcutta on 4th February 2017. This was followed by the finals on the 5th of February 2017. After an intense level of competition before a panel of highly distinguished and renowned jury, Drones Tech Lab (winners), Abhiruchi Probiotics (1st Runner Up) and Project Mudra (2nd runner up) emerged as the winning ventures, receiving prize money of Rs 2 lakhs, Rs 1.5 lakhs and Rs 1 lakh, respectively.
Drones Tech Lab is the research and development wing of EduRade – an IIM Calcutta Innovation Park incubated organisation, which is primarily engaged in manufacturing and supplying drones to farmers (with automated agriculture systems to monitor and develop their crops yields), Defense Organizations (Surveillance & Combat Drones) and also providing automated drones to health industry.
Abhiruchi Probiotics is a health and wellness company involved in developing patent protected probiotic products aimed to provide health benefits with an initial focus on providing a formulation for better management of cholesterol.
Project Mudra is involved in developing hardware and software technology for Braille based education. They also engage in delivering innovative solutions for non visual tactile data delivery to meet the growing accessibility needs of smart urban spaces. Their flagship product helps in early schooling of visually impaired students via gamified audio lessons over Braille based hardware.
Read MoreIIM Calcutta Innovation Park in association with the TATA group hosted the Thinking Social Seminar at Symbiosis Institute of Media and Communication (SIMC), Lavale, Pune on January 30th, 2017. The primary objective of this event was to build awareness on social entrepreneurship, generate interest and inspire the young generation to come up with innovative solutions to social challenges. The speakers of the seminar comprised of eminent and social entrepreneurs, investors and academicians who have already established their own outstanding ventures and have impacted the lives of thousands of people.
The speakers consisted of an esteemed panel of entrepreneurs including Mr. Pradeep Lokhande, Founder and CEO – Rural Relations; Mr. Ramesh Menon, a veteran journalist, author, documentary film maker and a corporate trainer and a recipient of Ramnath Goenka Award for Excellence in Journalism; Mr. Shekhar Prabhakar, Co-founder – Hasiru Dala Innovations; Mr. Sushanth Kodela, Co-founder – Uncancer India, and Ms. Janhavi Joshi, Co-founder – Bleetech.
The seminar commenced with the welcome address by Dr. Ruchi Jaggi, Director of SIMC, who praised the initiative for bringing a social dimension to innovation and entrepreneurship.
Mr. Lokhande started off the technical sessions by recounting his journey from transforming a small idea to what is now known as Gyan Key, a rural library. The story of Mr.Lokhande is that of a humble entrepreneur, who’s passion drove the project which was a very strenuous process with no immediate returns on efforts put in. He urged aspiring innovators to create not for demand by for need.
Ramesh Menon addressed the students on the topic of why social thinking is absolutely necessary for India. “One thinks of money and more money as soon as you hear entrepreneurship and social entrepreneurship seems like lost money, but that’s wrong,” Mr.Ramesh commended the youth for being full of ideas, and encouraged them to come up with interesting ideas in the social sector. “Our youth is not only looking at a better quality of life but also a better India.”
Hasiru Dala Innovations, an initiative by Mr. Shekhar Prabhakar, is his social enterprise that very cleverly changed the perception of a social group – transforming them from ‘waste-pickers’ to environmentalists. According to Mr. Prabhakar when one talks about social impact “There needs to be a quantum change in the scope of social change.”
The second half of the seminar introduced Sushant Kodela, who moved the audience with his touching and very personal story about how he overcame cancer and that experience led him to ideate platform that he hopes will change healthcare in India. “When you are facing death, your entire perspective about life changes, that’s what happened to me. I wanted to relish something and feel appreciated. Unfortunately I didn’t find anything. That bothered me. We don’t relish what we have access to. I was sure that I wasn’t going to die like this.” Being a cancer patient himself, he found that this group of individuals face many challenges in the way they have access to information or the decisions they make accordingly. “Our aim is to be along with the patient throughout the treatment. Today, we don’t do any marketing. Word of mouth worked for us. When they talk to other survivors then they get some hope.” Sushant urged the audience to start working with people who create social change to tackle social issues, “Entrepreneurs should have empathy, integrity.”
The last speaker of the day was Ms. Janhavi Joshi, who co-created an app that answered one simple problem: what if there was no music? Her innovation, Blee, allowed deaf dancers to hear music through vibrations. Although it was success, she spoke about the need for this type of technology to branch out to other aspects of life that could benefit their community. She expressed the need for technology like this, since there’s no innovation for the deaf community but there are technological advances for menial things in life. The duo’s main aim is the make affordable tech for a community that truly deserves it.
The seminar ended with an interactive Q & A session, where questions were posed by not only the students but faculty as well.
Read More
The grand finale of the fifth edition of the programme held on January 14, 2017, at the Indian Institute of Management Calcutta (IIM-C), saw Pentavalent Biosciences from Bangalore (Winner), Arogya Medtech from Kolkata (1st Runner-up), and Bombay Hemp Company (BOHECO) from Mumbai (2nd Runner-up), emerge as the winning ventures, receiving prize money of Rs. 2.5 lakh, Rs. 2 lakh and Rs. 1.5 lakh, respectively.
This year’s edition received 600+ registrations from across India, out of which 214 met all the eligibility criteria and moved to the next round of the competition. These impact proposals were in the area of agriculture, food and dairy; healthcare, water and sanitation; technology and development; education & skills development; housing; handicrafts; and energy and microfinance/financial inclusion. The ventures were judged on three parameters – Business Model, Social Impact and Sustainability.
Pentavalent Bio Sciences Private Limited, winner of the Tata Social Enterprise Challenge 2016-17, is a Bangalore-based social enterprise. Pentavalent Bio Sciences is a fully integrated biotech start-up that provides innovative solutions from discovery to development, leveraging cutting-edge science, cost effective molecular diagnostics and new ideas and technologies in the diagnostics market.
They are currently developing an innovative diagnostic tool using novel in-house FlapCut technology that detects tuberculosis (TB) in patients and helps doctors to prescribe patient-specific antibiotics for treatment.
Ecstatic with her win, Bhavani PV said, “This exposure was really required. The Jury’s input and mentoring helped us a lot in improving our business model. Initially it was only us who believed in our product, but Tata Social Enterprise Challenge helped us to believe that our product can reach the end user.”
First runner-up Arogya Medtech Pvt. Ltd, a Kolkata based venture, has developed a product called CEREBROS, a low-cost, less resource intensive, portable, radiation free, non-invasive, multi-modal (Near-Infrared Spectroscopy (NIRS) and Electroencephalography (EEG/EOG)) brain-scanning device in the form a wearable head-gear, optimised using a proprietary embedded system and ‘smart’ algorithms.
Rajib Sengupta, representing the venture, said, “It was an awesome experience. It’s great to know that there is such a great platform in Eastern India for social entrepreneurship. It’s good to see more and more startups in Bengal; a lot of new and innovative startups are coming up and this platform is going to give us the right impetus.”
The second runner-up position was won by Bombay Hemp Company Pvt Ltd (BOHECO) from Mumbai. Bombay Hemp Company Pvt. Ltd (BOHECO) is India’s first industrial and medicinal hemp (cannabis) company, established in 2013. Located in Mumbai the company works with Central and State governments to assist farmers to improve their socio-economic standards by utilising cultivation of cannabis for industrial, construction and pharmaceutical purposes.
Jahan Pestonjamas, representing the venture, said, “It was a comprehensive learning experience, the environment was very comfortable and positive. The faculty and academia brought forth the knowledge and experience, and the impact investors who are very relevant to our fields have come into the fore. Also, the fact that that so many varieties of social enterprises have come together on the stage, speaks volumes about the success of the competition as a whole. And of course, it drives us to come back with a new idea and do better.”
Speaking on the occasion, Prof. Ashok Banerjee, Director, IIM Calcutta Innovation Park, said, “Over the last five years, Tata Social Enterprise Challenge has encouraged many budding entrepreneurs to grow with a vision and create positive sustainable social impact. As we reach this 5-year milestone, we are encouraged with the quality of talent and the enthusiasm of entrepreneurs to make a difference from all across the country and even from overseas. We have also launched, this year, the INVENT programme in association with the Department for International Development (DFID), UK. This 3-year programme, which has a total budget of Rs. 12 crores, aims at providing seed funding support of up to Rs. 25 lakhs to for-profit social enterprise start-ups being incubated under this programme.”
The grand event also gave the audience the golden opportunity to hear Mr. Harish Bhat, Brand Custodian, TATA Sons share his experiences .
Felicitating the winners, Mr. Harish Bhat, Brand Custodian, Tata Sons, said, “Social entrepreneurship provides an opportunity to provide solutions for critical needs being faced by our society through innovation and enterprise. Tata Social Enterprise Challenge took shape five years ago, with the idea of fostering an ecosystem for early stage social start-ups, in line with our ethos of giving back to society and creating sustainable and meaningful social impact. The tangible results seen from the ventures identified, mentored and incubated on this platform, encourage us to strengthen our efforts along with our partner IIM-C, towards creating a meaningful social impact.”
The ceremony also saw talks by inspiring speakers in the space of social entrepreneurship like Mrs Poonam Bir Kasturi, Founder, Daily Dump, Mr Sujay Santra, Founder & CEO, i-Kure Techsoft Pvt Ltd, among others.
TATA Social Enterprise Challenge 2017 gifted the audience an innovative and interactive session presented by Prof C D Mitra, Advisor –IIM Calcutta Innovation Park with some of the finalists from past edition of TATA Social Enterprise Challenge. Dr Parvez Ubed, founder- ERC Eye Care, Mr. Shashank Kumar, founder-Green Agrevolution and Mr. Abhinav Girdhar, founder-Bodhi Healthcare shared their success stories while interacting closely with the top 20 finalists of TATA Social Enterprise Challenge’2017 and the audience.
Read More
IIM Calcutta Innovation Park in association with the TATA group hosted the annual event of the ‘Thinking Social Seminar’ roundtable session on the theme “Clean and Affordable energy” at Kolkata on January 12, 2017. The primary objective of this event was to showcase how the global access to modern and renewable energy and clean fuel is fundamental to meeting several challenges the world is currently facing, including poverty, food security, climate change, clean water, health and inclusive economic growth. The speakers of the seminar comprised of eminent power utility companies like Tata Power, Tata Cleantech Capital Limited and distinguished personalities from renewable energy sector who are well established and have impacted the lives of thousands of people.
Professor Balram Avittathur, Professor Operations Management, from IIM Calcutta, in his inaugural address spoke about why the renewable technologies are considered as clean sources of energy and how the optimal use of these resources could minimize environmental impacts, produce minimum secondary wastes and also are sustainable based on current and future economic and social societal needs.
Mr. Arunavo Mukherjee, Vice President – Advisory Services, Tata Cleantech Capital Limited shared his experience in energy industry spanning coal, natural gas and renewable sources. Mr. Mukherjee shared his experience with the Tata group since 1991 how he was instrumental in leading the Tata group effort to combat climate change across its 100 companies. Mr Mukherjee also explained how Tata Capital and International Finance Corporation have come together to form Tata Cleantech Capital Limited (TCCL) with the aim of providing the right advice and funding effective solutions. TCCL now address one of the key issues in building a sustainable framework and has now the ability to bear long-term and capital-intensive expenditure.
Dr. S.P.Gon Chowdhury, Former Director. West Bengal Renewable Energy Development Agency, spoke about how the off-grid PV system with mini-grid concept has received renowned recognition and is now the most viable technology options for off grid energy and is also the most promising and emerging technologies to scale up in the future. He also explained how the renewable energy power generation is still relatively expensive in spite of its various advantages. So in order to make renewable energy cost effective demand side management is very important. Dr. Gon Chowdhury was also very optimistic that if the Indian government adopts this policy process, it will greatly help in making off-grid energy mainstream, which is currently not the case. Adoption of such a policy initiative would also help scale-up the off-grid market.
Mr. Vinay Jaju, COO, Onergy Solar, (a renewable energy venture), is aimed at providing complete energy solutions to eastern India, with special focus in the rural areas, which are energy deficient & economically backward. The target of Onergy solar is to create a sustainable and equitable India by providing access to clean energy by energizing rural India by promoting lighting, cooking, cold storage, solar irrigation and electrification solutions. Onergy also services corporates & institutions through its product offerings & system integration services.
Mr. Mithun Chakraborty, Assistant General Manager, Tata Power Delhi Distribution Limited (TPDDL) highlighted the ambitious Govt. target on Renewable Energy especially Solar and the challenges that Discoms are going to face in integrating large amount of distributed solar into the grid. Also, the issue of existing Power Purchase agreements which need to be handled and the effect on cross subsidies as large industrial and commercial consumers move towards solar rooftops. Further, the alternatives such as demand response and battery storage on which discoms have to work on to mitigate the challenges of infirm renewable generation.
The discussions were followed by an interactive question and answer session where the experts addressed the queries raised by the audiences on how the solar industry has given the solar companies a unique platform to distinguish themselves from the competition and have also proved how innovative they really are. The range of innovations encompasses the entire value-added chain of innovative battery and energy storage technologies – from components to production to concrete applications and business models, the government’s policies and interventions on solar policy and reforms etc.
In the next session, Prof. Asok Banerjee, Director, IIM Calcutta Innovation Park shared the journey of “Thinking Social” – one of the flagship event of IIM Calcutta conducted in partnership with the TATA group. Prof. Banerjee accentuated the primary objective of the event which was to build awareness on social entrepreneurship, generate interest and inspire the young generation to come up with innovative solutions to address social challenges. As part of this initiative, IIMCIP conducts several seminars, roundtables and lecture series across India, which culminates into our flagship business plan contest called – The Tata Social Enterprise Challenge. In the current year i.e. the 5th edition of the TSEC business plan contest over 200+ impact proposals of social ventures from all across the world. The snapshots of the top 20 participants of this year’s TSEC event were also presented to the audience.
The roundtable concluded with a vote of thanks followed by a press meet where the IIM Calcutta Innovation Park team comprising of Prof. Asok Banerjee, Director IIM Calcutta Innovation Park, Mr. Subhrangshu Sanyal, CEO IIM Calcutta Innovation Park, Prof. C. D. Mitra, Advisor, IIM Calcutta Innovation Park, who highlighted the role of IIM Calcutta Innovation Park in social entrepreneurship space and how the ‘INVENT’ program would be addressing the challenges and barriers across the inclusive innovation lifecycle, for the benefit of up to 1m poor people at the bottom of the economic pyramiding the low income states of India and in low income countries.
Read MoreIIM Calcutta Innovation Park in association with the Tata group and Entrepreneurs Association of India (EAI), Jharkhand Open Coffee Club (JoCC) a group of Jharkhand-based entrepreneurs hosted the ‘Thinking Social Seminar’ at Institute of Management Studies, Ranchi University on January 6, 2017. The primary objective of this event was to build awareness on social entrepreneurship, generate interest and inspire the young generation to come up with innovative solutions to social challenges. The speakers of the seminar comprised of eminent and social entrepreneurs, investors and academicians, who have already established their own outstanding ventures and have impacted the lives of thousands of people.
The day-long seminar sought to introduce entrepreneurs from Jharkhand to the spirit of social entrepreneurship in a rapidly evolving global economy and addressed the concerns of young, budding entrepreneurs in Jharkhand. The speakers for the day comprised eminent social entrepreneurs, from Bihar and Jharkhand who have been working extensively in the Indian social entrepreneurship space.
The Seminar was formally inaugurated by Dr. R. K. Pandey, Vice Chancellor, Ranchi University. In his opening address, Dr. Pandey emphasized on the need of social entrepreneurs for development of society not only in Jharkhand, but all across the world. This was followed by an inaugural address by Mr. Shailesh Verma – Chief Resident Executive, Tata Steel Limited, Ranchi, who explained the objectives of the seminar and the how Tata group has played an active role to foster entrepreneurship in the country.
Mr. Subhrangshu Sanyal, CEO – IIM Calcutta Innovation Park spoke about the need for social entrepreneurship in our country and why the youth should be involved in it. He also mentioned about the essential qualities which a social entrepreneur should possess in order to succeed.
Mr. Vikram Duggal, who represented US based Founder Institute and Unitus Seed Fund
in Kolkata, spoke about Unitus Seed Fund which is India’s leading venture fund investing in startups innovating for the masses. Mr. Duggal explained how Unitus Seed Fund, helps startups “prepare for growth” via seed funding, strategic and operating support, providing critical connections, and securing growth capital. The investment focus areas of Unitus are healthcare, education, and financial technology.
Ms. Malavika Sharma, Founder Avikaonline and also an ex-alumnus of XLRI, Jamshedpur explained how the Butterfly project would help create a network of women entrepreneurs. Ms. Sharma said that the project is aimed to inspire women with offbeat business ideas because we mostly see them venturing in the beauty parlour and handicraft businesses. Recently a workshop with a focus on how to start a business and how to raise funds – which are issues that plague every budding entrepreneur – has been held in association with the US Consulate for the entrepreneurs from Jharkhand. The Butterfly project has already tied up with 25 men and women who have passed out from renowned business schools and have been successful as entrepreneurs.
Mr. Roshan Sharma, Co- founder of Drinksbecho shared his journey as an entrepreneur and how his venture drinksbecho.com has now become an e-commerce portal for beverages industry, being run and powered by a company called VrTechsys Solutions Pvt. Ltd. with experience of industry in the field of new product development from Idea, Concept to making in the real world in product industries.
The post lunch session started with 12 pitches from various entrepreneurs to a panel of judges whose ideas and prototypes were shortlisted by Bihar Entrepreneurs Association (BEA). To inculcate the young minds BEA had organized the Pitch4Jharkahnd, a startup competition for which the entries were invited from Jharkhand for the best business ideas. There were many challenging business proposals from the participants to address the problems in various sectors like: agriculture, water and sanitation, clean energy, e-commerce solutions, healthcare services, and other social problems of society.
Mr. Abhishek Kumar, Secretary General, Bihar Entrepreneurs Association (BEA), spoke of the role of BEA to promote social entrepreneurship across the country. BEA was founded by young Entrepreneurs from the state in 2011, to provide a platform for new enterprise, startups and potential entrepreneurs from within the state to establish a successful business and with the holistic aim to make Bihar into “Enterprising Bihar” by creating an industry and entrepreneur friendly eco-system in the state and build a pool of entrepreneurs for the future. BEA offers an excellent platform for future entrepreneurs, where one prospective entrepreneur can get a single window service from advisory services to fund raising support.
The session ended with a vote of thanks from Director of Management Studies, Ranchi University to all the speakers and the participants. He accentuated that the objective of the seminar was to create and promote entrepreneurship at the grassroots level starting from village and district level and inculcate innovation and social change drivers in young minds. The Government of Jharkhand is taking firm and fundamental strides towards building a robust and friendly ecosystem which promotes innovation and nurtures entrepreneurship skills and the Government is committed to provide opportunities to every strata of society by empowering an equitable ecosystem for development of entrepreneurship and innovation.
Read MoreTata Social Enterprise Challenge (TSEC) – a joint initiative of the Tata group and the Indian Institute of Management Calcutta (IIMC) held the third seminar FY 2016-17, ‘Thinking Social’, at DNS Regional Institute of Cooperative Management, Patna in partnership with IIM Calcutta Innovation Park and Bihar Entrepreneurs Association (BEA) on 17 December 2016. The day-long seminar sought to introduce entrepreneurs from Bihar to the spirit of social entrepreneurship in a rapidly evolving global economy and addressed the concerns of young, budding entrepreneurs in Bihar. The speakers for the day comprised eminent social entrepreneurs, from Bihar and Bengal who have been working extensively in the Indian social entrepreneurship space.
The seminar was formally inaugurated by Mr. K.P. Ranjan, Director – DNS Regional Institute of Cooperative Management. In his opening address Mr. Ranjan emphasized on the need of social entrepreneurs for development of society not only in Patna but all across the world. This was followed by an inaugural address by Mr. Abhishek Kumar, Secretary General – Bihar Entrepreneurs Association (BEA) who welcomed all the eminent speakers and explained the objectives of the seminar and how BEA has played an active role to foster entrepreneurship in Bihar.
Bihar Entrepreneurs Association was founded by young entrepreneurs from the state in 2011 to provide a platform for new enterprises, start ups and potential entrepreneurs from the state to establish a successful business and with the holistic aim of re-making Bihar as “Enterprising Bihar” by creating an industry and entrepreneur friendly eco-system in the state and building a pool of entrepreneurs for the future. BEA offers an excellent platform for future entrepreneurs, where a prospective entrepreneur can get a single window service, from advisory services to fund raising support.
Mr. Subhrangshu Sanyal, CEO – IIM Calcutta Innovation Park spoke about the need for social entrepreneurship in our country and why the youth should be involved in it. He also mentioned the essential qualities which a social entrepreneur should have.
Mr. Anuj Kumar, Co-founder – Kaushalya Foundation shared with the audience the vision of his venture and spoke about the work which they are doing in Bihar. He mentioned that Kaushalya Foundation (KF), a non-government, non-profit organization works with rural and urban poor engaged in agriculture and the food sector in an environment-friendly and gender-sensitive manner. KF has impacted more than 10,000 smallholders and the poor, addressing the regressive issues pertaining to their livelihoods, education, gender-relations, health, nutrition and environmental-solidarity.
Mr. Gaurav Kapoor, Director – Innokul highlighted the societal challenges of India in the fields of Sanitation and Education. He also spoke about ‘Wello’, a social venture with a bold mission – to deliver clean water to the thirsty world. He also cited the examples of other social enterprises that are working with the village community to reduce the dropout rates of the girl child
Mr. Shashank Kumar, Co-founder – Farm n Farmers shared his experience of a being a successful social entrepreneur. He spoke about how Farm n Farmers (FnF) has minimized the uncertainty and mental trauma of the small and marginal farmers and helped maximize the farmer’s revenue by use of innovative ways of farming by providing support resources offered by the government. FnF has impacted 15,000 farmers over the last 5 years, through its local centers which are situated in villages, run by micro-entrepreneurs, trained and guided by FnF.
Mr. Suman Mukhopadhyay, Director – Banglanatak.com shared his journey as a social entrepreneur, the ways to overcome such challenges and how banglanatak.com works with a mission to foster pro-poor growth and safeguard our intangible cultural heritage, through the usage of culture-based approaches for community education and empowerment.
The post lunch session started with 10 pitches from various entrepreneurs to a panel of judges whose ideas and prototypes were shortlisted by BEA. To inculcate the young minds (BEA) had organized the Pitch4Bihar a startup competition for which the entries were invited from the country for the best business ideas. There were many challenging business proposals from the participants to address the problems in various sectors like: agriculture, e-commerce solutions, career counseling, healthcare services, education and other social problems of society.
The session ended with a vote of thanks from Mr. Abhishek Kumar, Secretary General, to all the speakers and the participants. He accentuated that the objective of BEA is to create and promote entrepreneurship at the grassroots level starting from village and district level and inculcate innovation and social change drivers in young minds. The Government of Bihar has already launched the Start up policy and has also earmarked a Venture Capital fund of Rs 500 crore for startups. BEA and Information Technology Department have also agreed upon setting up a 50,000 sq.ft office space for startups in the State capital and is currently looking to partner with institutes/enterprises to hold Start up Yatras all across the country and Bihar to achieve the objective of “Making an Enterprising Bihar”.
Fourth outreach programme by INVENT-IIMCIP was held at National Institute of Technology, Durgapur on Wednesday, November 30, 2016. There were about 45 participants including students, Faculty members and research associates from different colleges of Burdwan District, Durgapur & Asansol (West Bengal) and some entrepreneurs from the surrounding area. The programme began with a welcome note addressed to IIMCIP delegates by E-Cell head coordinator of NIT Durgapur. This was followed by speech and presentation giving an overview of INVENT and exploring essential topic like ‘Ideation & Creating Business Plan’, by the members of IIMCIP. Mr Gaurav Kapoor, Executive Director, Innokul, discussed an interesting topic, ‘Support Ecosystem by Start ups’. The audience were highly engaged in the programme and actively participated in the interactive & motivating session conducted by Mr Gaurav Kapoor. The programme was a grand success and acquired positive responses from enthusiastic entrepreneurs.
Read MoreTata Social Enterprise Challenge (TSEC) – a joint initiative of the Tata group and the Indian Institute of Management Calcutta (IIMC) held the third seminar FY 2016-17, ‘Thinking Social’, at DNS Regional Institute of Cooperative Management, Patna in partnership with IIM Calcutta Innovation Park and Bihar Entrepreneurs Association (BEA) on 17 December 2016. The day-long seminar sought to introduce entrepreneurs from Bihar to the spirit of social entrepreneurship in a rapidly evolving global economy and addressed the concerns of young, budding entrepreneurs in Bihar. The speakers for the day comprised eminent social entrepreneurs, from Bihar and Bengal who have been working extensively in the Indian social entrepreneurship space.
The seminar was formally inaugurated by Mr. K.P. Ranjan, Director – DNS Regional Institute of Cooperative Management. In his opening address Mr. Ranjan emphasized on the need of social entrepreneurs for development of society not only in Patna but all across the world. This was followed by an inaugural address by Mr. Abhishek Kumar, Secretary General – Bihar Entrepreneurs Association (BEA) who welcomed all the eminent speakers and explained the objectives of the seminar and how BEA has played an active role to foster entrepreneurship in Bihar.
Bihar Entrepreneurs Association was founded by young entrepreneurs from the state in 2011 to provide a platform for new enterprises, start ups and potential entrepreneurs from the state to establish a successful business and with the holistic aim of re-making Bihar as “Enterprising Bihar” by creating an industry and entrepreneur friendly eco-system in the state and building a pool of entrepreneurs for the future. BEA offers an excellent platform for future entrepreneurs, where a prospective entrepreneur can get a single window service, from advisory services to fund raising support.
Mr. Subhrangshu Sanyal, CEO – IIM Calcutta Innovation Park spoke about the need for social entrepreneurship in our country and why the youth should be involved in it. He also mentioned the essential qualities which a social entrepreneur should have.
Mr. Anuj Kumar, Co-founder – Kaushalya Foundation shared with the audience the vision of his venture and spoke about the work which they are doing in Bihar. He mentioned that Kaushalya Foundation (KF), a non-government, non-profit organization works with rural and urban poor engaged in agriculture and the food sector in an environment-friendly and gender-sensitive manner. KF has impacted more than 10,000 smallholders and the poor, addressing the regressive issues pertaining to their livelihoods, education, gender-relations, health, nutrition and environmental-solidarity.
Mr. Gaurav Kapoor, Director – Innokul highlighted the societal challenges of India in the fields of Sanitation and Education. He also spoke about ‘Wello’, a social venture with a bold mission – to deliver clean water to the thirsty world. He also cited the examples of other social enterprises that are working with the village community to reduce the dropout rates of the girl child
Mr. Shashank Kumar, Co-founder – Farm n Farmers shared his experience of a being a successful social entrepreneur. He spoke about how Farm n Farmers (FnF) has minimized the uncertainty and mental trauma of the small and marginal farmers and helped maximize the farmer’s revenue by use of innovative ways of farming by providing support resources offered by the government. FnF has impacted 15,000 farmers over the last 5 years, through its local centers which are situated in villages, run by micro-entrepreneurs, trained and guided by FnF.
Mr. Suman Mukhopadhyay, Director – Banglanatak.com shared his journey as a social entrepreneur, the ways to overcome such challenges and how banglanatak.com works with a mission to foster pro-poor growth and safeguard our intangible cultural heritage, through the usage of culture-based approaches for community education and empowerment.
The post lunch session started with 10 pitches from various entrepreneurs to a panel of judges whose ideas and prototypes were shortlisted by BEA. To inculcate the young minds (BEA) had organized the Pitch4Bihar a startup competition for which the entries were invited from the country for the best business ideas. There were many challenging business proposals from the participants to address the problems in various sectors like: agriculture, e-commerce solutions, career counseling, healthcare services, education and other social problems of society
The session ended with a vote of thanks from Mr. Abhishek Kumar, Secretary General, to all the speakers and the participants. He accentuated that the objective of BEA is to create and promote entrepreneurship at the grassroots level starting from village and district level and inculcate innovation and social change drivers in young minds. The Government of Bihar has already launched the Start up policy and has also earmarked a Venture Capital fund of Rs 500 crore for startups. BEA and Information Technology Department have also agreed upon setting up a 50,000 sq.ft office space for startups in the State capital and is currently looking to partner with institutes/enterprises to hold Start up Yatras all across the country and Bihar to achieve the objective of “Making an Enterprising Bihar”.
Read MoreThe third INVENT outreach programme took place at Kalyani Govt Engineering College (KGEC) auditorium on Friday, November 11, 2016. There were about 120 participants comprising final year students, Faculties and research associates from different colleges of Nadia District, West Bengal and also 5 entrepreneurs from the same district. The College administration, faculty and the E-cell team supported the event with lot of enthusiasm and whole-hearted co-operation. Prof K Chakraborty, Principal of KGEC, welcomed all the students and delegates and set the context through a short, inspiring speech. Mr Soujit Das , from IIMCIP explained the audience the objective of INVENT program and threw light on various aspects of Social Entrepreneurship. Mr. Debapratim Das from IIMCIP took the session on “Ideation & Creating Business Plan” for the budding entrepreneurs. The audience actively participated in the interactive session by Mr Suman Mukhopadhyay of Bangla Natok.Com on the topic “Support Ecosystem by Start ups “. This was followed by a 30-min Q&A session.
Read MoreTata Social Enterprise Challenge (TSEC) – a joint initiative of the Tata group and the Indian Institute of Management Calcutta (IIMC) held the second seminar FY 2016-17, ‘Thinking Social’, at IIIT Hyderabad in partnership with IIM Calcutta Innovation Park and iBHubs Hyderabad on 23 October 2016. The day-long seminar sought to introduce students from top professional colleges in India to the spirit of social entrepreneurship in a rapidly evolving global economy and addressed the concerns of young, budding entrepreneurs belonging to reputed institutes in Hyderabad. The speakers for the day comprised eminent social entrepreneurs, academicians and senior corporate executives working extensively in the Indian social entrepreneurship space.
The Seminar was formally inaugurated by Prof. Krishna Madhavi Kolla – Head of New Initiatives, IIIT Hyderabad. In her opening address she mentioned that IIIT Hyderabad has been working on the incubation space and have been supporting a number of startups for the past several years, not only in Hyderabad but all across the world. They also have an incubation programme called “Avishkar” which helps to identify startups and support them in their entrepreneurial journey.
Subhrangshu Sanyal, CEO – IIM Calcutta Innovation Park spoke about the need for social entrepreneurship in our country and why the youth should be involved in it. He also mentioned about the essential qualities which a social entrepreneur should have.
Manjuvani Nayani, Managing Trustee – Tata Projects Community Development shared with the audience the vision of the Tata group and spoke about the work which they are doing in that region. She mentioned, “Tata group is playing an important role in social development for the past many years and presently their focus here is on Water, Skills and Education. In the water sector Tata Projects has taken up a programme in social entrepreneurship which is a bankable and replicable model. Through this programme they are developing entrepreneurs to provide safe drinking water to the rural community.”
Ramana Gogula, CEO & Founder – Earthen Glow spoke about his venture and how it is creating a social impact. Earthen Glow is a Clean Technology Start-Up that focuses on building robust & scalable OFFGRID Lighting Solutions to enable rural households to gradually decrease their dependency on kerosene. He motivated the students and encouraged them to become social entrepreneurs by saying, “A journey of a social entrepreneur is difficult but the experience is very rewarding.”
Prof. P. K. Reddy – IIIT Hyderabad and founder at eSagu gave a brief about his venture and how it is very useful to the farmers. eSagu is an IT-based personalized agro-advisory system which aims to improve farm productivity by delivering high quality personalized (farm-specific) agro-expert advice in a timely manner to each farm at the farmer’s door-steps. He concluded by saying that his greater objective is to scale his venture all over India and to other countries which are in a similar state as India.
Mukhti K Bosco, Founder – Healing Fields Foundation mentioned that India is still backward in a large number of areas – healthcare being one of the major areas of concern. She spoke about how her venture is creating an impact in the society. Healing Fields Foundation – a pioneer in the areas of health financing and community education – is dedicated to making healthcare affordable and accessible to all underprivileged and marginalized people across India. In her concluding remarks she urged the audience to take up social entrepreneurship as a career option and said that, “It takes passion which motivates one to work in underdeveloped geographical regions.”
Raj Janagam, Managing Partner – HelloBhayya Services, spoke about his entrepreneurship journey and gave an in-depth insight to the audience about how to take their idea to the next level. He urged the young students to take up their idea while they are studying so that by the time they finish college their prototype would be ready. He also mentioned about the funding options of startups in the social enterprise sector.
Satish Kumar Burra, Founder – Organic Thali, narrated his journey as a social entrepreneur and what motivated him to start his venture. He said, “I lost my elder brother to cancer and I discovered the main reason for this was the pesticides which are being used in the crops by farmers.” This motivated him to come up with a solution to this problem and he founded Organic Thali which provides pesticides/chemical free food. They currently serve to more than 1000 customer’s everyday in Hyderabad. Satish is helping farmers to improve their conditions and is also generating employment to the youth.
Rambabu Kondru from iBHubs Hyderabad spoke about how iBHubs – a Pan-India startups hub – provides end-to-end assistance to startups. He also mentioned that at iB Hubs, equal importance is given to Purpose Driven Social Enterprises and NGOs as well as Profit Driven Enterprises.
Concluding on a positive note, the seminar left the audience inspired by the various stories of change and impact shared enthusiastically by the speakers for the day. A sentiment that was a commonly shared among the participants and the speakers was the innate requirement for social entrepreneurs and the change that they can bring to society, and that such seminars are a vital platform in ushering in that change.
Read MoreTata Social Enterprise Challenge (TSEC) – a joint initiative of the Tata group and the Indian Institute of Management Calcutta (IIMC) held the second seminar FY 2016-17, ‘Thinking Social’, at IIIT Hyderabad in partnership with IIM Calcutta Innovation Park and iBHubs Hyderabad on 23 October 2016. The day-long seminar sought to introduce students from top professional colleges in India to the spirit of social entrepreneurship in a rapidly evolving global economy and addressed the concerns of young, budding entrepreneurs belonging to reputed institutes in Hyderabad. The speakers for the day comprised eminent social entrepreneurs, academicians and senior corporate executives working extensively in the Indian social entrepreneurship space.
The Seminar was formally inaugurated by Prof. Krishna Madhavi Kolla – Head of New Initiatives, IIIT Hyderabad. In her opening address she mentioned that IIIT Hyderabad has been working on the incubation space and have been supporting a number of startups for the past several years, not only in Hyderabad but all across the world. They also have an incubation programme called “Avishkar” which helps to identify startups and support them in their entrepreneurial journey.
Subhrangshu Sanyal, CEO – IIM Calcutta Innovation Park spoke about the need for social entrepreneurship in our country and why the youth should be involved in it. He also mentioned about the essential qualities which a social entrepreneur should have.
Manjuvani Nayani, Managing Trustee – Tata Projects Community Development shared with the audience the vision of the Tata group and spoke about the work which they are doing in that region. She mentioned, “Tata group is playing an important role in social development for the past many years and presently their focus here is on Water, Skills and Education. In the water sector Tata Projects has taken up a programme in social entrepreneurship which is a bankable and replicable model. Through this programme they are developing entrepreneurs to provide safe drinking water to the rural community.”
Ramana Gogula, CEO & Founder – Earthen Glow spoke about his venture and how it is creating a social impact. Earthen Glow is a Clean Technology Start-Up that focuses on building robust & scalable OFFGRID Lighting Solutions to enable rural households to gradually decrease their dependency on kerosene. He motivated the students and encouraged them to become social entrepreneurs by saying, “A journey of a social entrepreneur is difficult but the experience is very rewarding.”
Prof. P. K. Reddy – IIIT Hyderabad and founder at eSagu gave a brief about his venture and how it is very useful to the farmers. eSagu is an IT-based personalized agro-advisory system which aims to improve farm productivity by delivering high quality personalized (farm-specific) agro-expert advice in a timely manner to each farm at the farmer’s door-steps. He concluded by saying that his greater objective is to scale his venture all over India and to other countries which are in a similar state as India.
Mukhti K Bosco, Founder – Healing Fields Foundation mentioned that India is still backward in a large number of areas – healthcare being one of the major areas of concern. She spoke about how her venture is creating an impact in the society. Healing Fields Foundation – a pioneer in the areas of health financing and community education – is dedicated to making healthcare affordable and accessible to all underprivileged and marginalized people across India. In her concluding remarks she urged the audience to take up social entrepreneurship as a career option and said that, “It takes passion which motivates one to work in underdeveloped geographical regions.”
Raj Janagam, Managing Partner – HelloBhayya Services, spoke about his entrepreneurship journey and gave an in-depth insight to the audience about how to take their idea to the next level. He urged the young students to take up their idea while they are studying so that by the time they finish college their prototype would be ready. He also mentioned about the funding options of startups in the social enterprise sector.
Satish Kumar Burra, Founder – Organic Thali, narrated his journey as a social entrepreneur and what motivated him to start his venture. He said, “I lost my elder brother to cancer and I discovered the main reason for this was the pesticides which are being used in the crops by farmers.” This motivated him to come up with a solution to this problem and he founded Organic Thali which provides pesticides/chemical free food. They currently serve to more than 1000 customer’s everyday in Hyderabad. Satish is helping farmers to improve their conditions and is also generating employment to the youth.
Rambabu Kondru from iBHubs Hyderabad spoke about how iBHubs – a Pan-India startups hub – provides end-to-end assistance to startups. He also mentioned that at iB Hubs, equal importance is given to Purpose Driven Social Enterprises and NGOs as well as Profit Driven Enterprises.
Concluding on a positive note, the seminar left the audience inspired by the various stories of change and impact shared enthusiastically by the speakers for the day. A sentiment that was a commonly shared among the participants and the speakers was the innate requirement for social entrepreneurs and the change that they can bring to society, and that such seminars are a vital platform in ushering in that change.
Read MoreFirst Outreach event of Invent took place at Howrah, a traditional SME hub of West Bengal. MCKV Engineering College, a reputed institution that encourages entrepreneurship among the students, was chosen as the venue. The audience of about 45-50 heads comprised a mix of students of technical institutes in adjoining areas, entrepreneurs in SME sector, aspiring entrepreneurs and faculty from Engineering & Management Colleges. Debapratim, on behalf of IIMCIP, welcomed the participants at the outset and explained the objective of the Invent program and touched on the idea of social entrepreneurship, differences with traditional business and the impact a social entrepreneur can make to the lives of low income group people and to the society for a better living. Suman Mukhopadhyay, Director, Banglanatak.com, a social enterprise and an experienced social entrepreneur himself, then shared his experience on various projects where income-generating business ventures are addressing the need of common people. He also spoke on the challenges faced by a social entrepreneur in scaling up their business, e.g. connect with market, ensuring product quality. Dr. Subhrangshu Sanyal, CEO IIMCIP, was the next speaker who explained the idea generation process and how to give shape to the idea through Business plan and the steps involved. He emphasized on the must-have traits for an entrepreneur to be successful in business venture and the encouraged the budding & aspiring entrepreneurs to set up their start-ups. Debapratim, then explained the key takeaways & benefits from being part of Invent program and about the application and selection process. Final 30 mins of the seminar was used for Q&A where lots of queries on the Invent program in particular and social entrepreneurship in general were addressed by the speakers.
Read MoreTata Social Enterprise Challenge (TSEC) – a joint initiative of the Tata group and the Indian Institute of Management Calcutta (IIMC) held the first seminar series FY 2016-17, ‘Thinking Social’, at Dibrugarh University, Assam on 26th September 2016. The day-long seminar sought to introduce students from top professional colleges in India to the spirit of social entrepreneurship in a rapidly evolving global economy and addressed the concerns of young, budding entrepreneurs belonging to reputed institutes in Assam. The speakers for the day comprised eminent social entrepreneurs, academicians and senior corporate executives working extensively in the Indian social entrepreneurship space.
The Seminar was formally inaugurated by Prof. Alak Kumar Buragohain – Vice Challancelor, Dibrugarh University. In his opening address, he emphasized that students should seriously think of taking social entrepreneurship as a career option and they should synergize and orient their thought process to benefit the weaker sections of the society. He also mentioned that they will partner with IIM Calcutta Innovation Park to set up a Technology Business Incubator at Dibrugarh University.
Mr. Subhrangshu Sanyal from IIM Calcutta Innovation Park shared with the audience IIMCIP’s vision, key activities related to social entrepreneurship and the evolution of TSEC. He concluded by saying, “The youth need to come up with innovative solutions that would address the challenges faced by our society in different sectors like education, healthcare, sanitation and livelihood. ”
Mr Vivekanandan T, Tata Trusts shared with the audience the vision of the TATA Group and also spoke about the Assam State Initiative led by the Tata Trusts in the North East part of the country. He also mentioned about Tata Trusts’s initiatives in promoting and nurturing social enterprises.
Mr Gaurav Kapoor , Innokul highlighted the societal challenges of India in the field of healthcare, sanitation and Education. He also spoke about his venture ‘Kolkata Sasthya Sankalp” which is determined to work for the cause of the poor and marginalized in the field of dialysis and avoidable blindness and blood donation by providing a safe, hygienic, effective treatment at low cost.
Mr Durlov Baruah, Founder – Kuhipaat Communications spoke about the problems in the society which we are facing like brain drain to the metro cities, poverty, social inclusion and women trafficking. He also voiced his concerns about the Economic Polarization of resources which is leading to all resources being concentrated in the metro cities.
Mr Manash Chaliha, Founder – Organic Majuli shared with the audience the different aspects of starting an enterprise and formation of a legal entity. He also discussed about the importance of creating a brand for your company. In his concluding remarks, Manash asked the audience to focus on the strengths of Assam like agriculture and food processing and start a venture in these fields.
Jonali Saikia, Founder – Heeya spoke about the weaving culture of Assam and the entire North East. Jonali spoke about creating the 3 Ps – Paisa, Product and Pride with the Assamese weavers – which is the idea behind Heeya. She stressed on the importance of the fact that, “We need to stop migration of people from the North East by creating local employment, infrastructure and an effective ecosystem.”
Concluding on a positive note, the seminar left the audience inspired by the various stories of change and impact shared enthusiastically by the speakers for the day. A sentiment that was a commonly shared among the participants and the speakers was the innate requirement for social entrepreneurs and the change that they can bring to society, and that such seminars are a vital platform in ushering in that change.
Read MoreThe second “Thinking Social” roundtable for the year 2016-17 was organized under the aegis of Tata Social Enterprise Challenge (TSEC), by IIM Calcutta Innovation Park (IIMCIP) in association with the Tata group in Delhi. The theme of the roundtable was “Sustainable Community through Women Empowerment”.
The speakers for the day comprised of eminent entrepreneurs, investors, domain experts and policy makers who have rich experience in the development sector in India. The audience (a strong presence of 36 participants) comprised of industry leaders, academia, entrepreneurs and investors focused on women empowerment.
In the inaugural session, Dr. Subhrangshu Sanyal, CEO – IIM Calcutta Innovation Park introduced the theme and shared with the audience the objective of this roundtable under the umbrella of the Tata Social Enterprise Challenge 2016-17.
The panel discussion was moderated by Prof. Bhaskar Chakrabarti of IIM Calcutta. He gathered valuable insights from the roundtable on how more stress should be given on skill development for women and continuous assessment of various training programs needs to be done. He also threw light on how obstacles in the social system need to be done away with for the betterment of women.
Ujjwal Banerjee, Manager – Education, Tata Trusts, spoke about how women need to engage not only with literacy but they also need to deal with social forces that hinder them. He said that women in the villages are now aware of government schemes and programs, which can be used to their advantage. Tata Trusts, he said, has a three year program for women and works with children which is another aspect of their program.
Meenu Vadera, Founder, Sakha Consulting Wings Private Limited, said that empowerment of the women community should be taken up strongly as it is a root to the GDP growth of the country. In India, classification on the basis of caste still plays a dominant role and women are the worst sufferers of it. There are many social constraints which are preventing women from acquiring the skills to better themselves, and there must be long term programs in skilling women. If a woman gets employed, there is a significant change in the mindset of her children also, especially if she has a girl child.
Ravindra Joshi, Additional General Manager (Special Consumer Group), Tata Power, spoke about women being employed on behalf of Tata Power in the slums. He highlighted the fact that electricity losses in Delhi slum areas was 68% and with their intervention, it has come down to 18%. Also, payment collection efficiency has increased from 60% to 98.9%. He said that they are currently working on a “Winning the heart model” which is working on providing self-esteem to people. Women literacy centres are being formed in the slums and 40,000 ladies have been trained so far, and vocational training has been imparted to more than 12,000 people.
Gauri Singh, Founder & Director, The Maids’ Company, shared that almost 50% of the population in India is women, but unfortunately there are not too many opportunities for them to grow. Their target is the domestic workers at the bottom of the pyramid. Since there is no barrier for entry, women prefer this work. However, due to their obligations towards their family, it is difficult for them to do a 9 – 5 job. Hence, skilling these women is an issue as they don’t have the time. The market demand in this job has also changed as households expect that the maids would make pastas and soups for them and operate washing machines, dryers, iron, etc., and fulfilling such demands need special skills. She further added that social entrepreneurs need to keep in mind the scale of operations too.
The Q&A round witnessed good participation from the audience. There were many significant issues discussed and addressed by the audience and the panelists.
The roundtable ended with a valedictory address and vote of thanks from IIMCIP.
Read MoreThe first “Thinking Social” roundtable for the year 2016-17 was organized under the aegis of Tata Social Enterprise Challenge (TSEC), by IIM Calcutta Innovation Park (IIMCIP) in association with the Tata group. The theme of the roundtable was “Providing Affordable Healthcare”.
The speakers for the day comprised of eminent entrepreneurs, investors, domain experts and policy makers who have rich experience in the Healthcare sector in India. The audience (a strong presence of 25 participants) comprised of industry leaders, academia, entrepreneurs and investors focused on the healthcare domain.
In the inaugural session, Dr. Subhrangshu Sanyal, CEO – IIM Calcutta Innovation Park introduced the theme and shared with the audience the objective of this roundtable and formally announced the launch of the Tata Social Enterprise Challenge 2016-17.
The panel discussion was moderated by Prof. Manish K Thakur of IIM Calcutta. He shared with the audience some facts and figures of the Indian Healthcare sector. Prof. Thakur stressed that at least 4% of India’s GDP is required to be spent on Healthcare but the fact is that only 1.5% of the GDP is being currently spent, which is lower than that of Thailand. He also spoke about the fact that not more than 24 million Indians are covered with health insurance policy. Prof Thakur then requested the panelists to share their insights on the challenges and opportunities that exist in this domain.
Dr. Sumanth Raman, Head-Healthcare Innovation, Tata Consultancy Services Ltd, spoke about the hard challenges faced by the Healthcare sector in India and stressed that India should be at par with at least Sri Lanka and Bangladesh in terms of Healthcare spend. Dr Raman mentioned, “The healthcare costs are going up day by day which is pushing India’s rural population to poverty and there is a tremendous shortage of healthcare facilities in the rural areas. The problem lies in the distribution of healthcare personnel as no one wants to go in these areas.” He insisted that a strong public health system is needed like that in the UK and that the PPP model should be encouraged. The key areas where improvement is required is to measure the quality of healthcare indices and unconventional methods like technology, electronic medical records etc.
Meena Ganesh, Co-founder and CEO – Portea Medical, said that there needs to be a continual care of patients post hospitalization – which is lacking to a great extent in India – and which is resulting in enhanced re-admission rates. She mentioned that, “70% needs of the patient can be delivered outside the hospital by proper healthcare management at home.” Meena concluded by saying that the performance of hospitals and management of patients’ health needs to be measured.
Vikram Vuppala, Founder and CEO – NaphroPlus, spoke about chronic disease management in the healthcare sector which needs to be improved in our country. He stressed the importance of the PPP model which is required to improve the Indian Healthcare sector. Vikram mentioned that, “It is okay for the private players to make 15% profit margin in order to make their business scalable and reach to the masses.” He concluded by saying that there needs to be a rationalization of salaries in various levels of healthcare workers.
Rajiv Vasudevan, CEO – AyurVaid Hospitals, spoke that chronic illnesses require a comprehensive, customized and affordable approach to prevention and cure and that Ayurveda is innovatively meeting the demand. He stressed on the fact that there needs to be proper care that would enable a person’s health and sustained wellbeing, by empowering the community of patients and their families, doctors, and caregivers.
The Q&A round witnessed good participation from the audience. There were many significant issues discussed and addressed by the audience and the panelists.
The roundtable ended with a valedictory address and vote of thanks from IIMCIP.
Read MoreIIM Calcutta Innovation Park is hosting Startup Weekend 3.0 at IIM Calcutta Campus from 5-7 August 2016.