Saturday
May 21
2016

Tata Trusts Inks Pact With The/Nudge Foundation

Tata Trusts and The/Nudge Foundation, a Bangalore-based non-profit working on poverty alleviation at scale on Tuesday inked a pact which will help the foundation to innovate on their flagship ‘Programme in Life Management’ in their Gurukuls, build the team needed to scale pan-India and gear up for a growth target of 7X in 2016-17.

The livelihoods portfolio of the Trusts focuses on the inclusive growth of marginalised populations in both rural and urban areas. Besides, development of skills (for individuals) and building the capacity of Community Based Organisations is an important focus area. Through this partnership with The/Nudge Foundation, Tata Trusts will aid in much needed product innovation in the poverty alleviation efforts, and support capacity building of the team to scale the results.

The success of the recently concluded pilot, that The/Nudge Foundation did, in their ‘Mphasis Gurukul’ in Bangalore, underscores the need to take risks and experiment with new ideas to build scalable impact models.

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

Categories
Entrepreneurship
Tags
Base of the Pyramid, inclusive business, poverty alleviation