EDI announces social innovation challenge

Monday, May 12, 2014

AHMEDABAD: Entrepreneurship Development Institute of India, Ahmedabad (EDI) is collaborating with Saath Livelihoods Services to establish and manage ’Ashray’, an incubation and research centre. However, preceding the launch of ’Ashray’, EDI has announced a Social Innovation Challenge with support from National Innovation Council led by Dr Sam Pitroda.

This challenge will be open to aspirants from across the country who would be submitting their social enterprise business models indicating how best they would use business models, frameworks and market approaches to promote inclusive social growth in society.

The themes chosen for the challenge are skill enhancement and livelihood generation, preventive health and sanitation, agriculture and rural business based on natural resources and energy, environment and housing.

’Ashray’, in association with Incube Ventures and Ashoka India, will help create an idea bank of social innovation and enterprises and also incubate PG students of not just EDI but also of other premier institutes. According to EDI, this initiative will create an enabling and inclusive incubation ecosystem that will provide capacity building, hand-holding and incubation support to social enterprises that intend to work towards creating appropriate, sustainable and scalable social impact through their well meaning enterprises.

Source: The Times of India (link opens in a new window)

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