Social incubators realise the potential in the social entrepreneurs and help them build up a social venture. They help social innovators in India overcome barriers to scale and achieve greater impact at the Bottom of the Pyramid.
We at Impactpreneurs have listed such social incubators which have come forth to give India successful social enterprises by helping social entrepreneurs overcome the problems faced in the initial stage.
1. UnLtd India
Calling itself a “launchpad” for social entrepreneurs, UnLtd India actively discovers, funds and mentors entrepreneurs in the impact space aiming to bring about long-term solutions to India’s social problems. Through their investees, they have created 12,000 jobs to date and have reached out to more than a million beneficiaries. Their key programmes include:
- Incubation support – seed funding and support
- The Network – a network of Affiliate incubators underneath the UnLtd India brand who adapt our model to their local context
- The Huddle- a national conference for early-stage social social entrepreneurs
Dasra provides social businesses with training, networking, mentoring, assistance and raising funds in order to accelerate their impact. Believing in a hands-on approach to consultation and mentorship, it has mentored and built over 730 organisations, who in turn have impacted more than 17 million lives. Dasra distributes its efforts in 3 parts
- Research Issues
- Building organizations
- Strategic giving
Villgro provides mentoring, networking, marketing along with funding and an incubator program for very early-stage entrepreneurs. Their initiatives have created more than 4000 employment opportunities and impacted 15 million lives. Villgro is primarily active in the sectors of healthcare, education, agri-business and energy.
In the sector of poverty alleviation through gainful employment, Upaya offers seed funding and business development support to organizations that provide employment opportunities to the poor by building the businesses that create lasting, dignified jobs for the poorest of the poor. Upaya’s core program is a 24-36 month business accelerator that provides early-stage entrepreneurs with business development support and financial resources to launch and scale their businesses.
On a mission to strengthen local ecosystems, build leaders and entrepreneurs, and catalyze innovative thinking, Deshpande Foundation creates an eco-system that nurtures innovation and entrepreneurship. The foundation runs Sandbox, a “platform for next gen social impact ideators” – the platform provides impact entrepreneurs with working space, seed funding, mentorship and networking.
CIIE believes that entrepreneurship has an unmatched ability to bring about disruptive change in India and engages with ventures across technology and impact areas like energy, environment, agriculture, healthcare and affordable technology and has incubated more than 90 start-ups working in these areas. CIIE mostly operates in sectors and geographies where there are market failures and private support is not easy to find. CIIE supports entrepreneurs in incubation, investment, corporate connects.
IIT Madras’ Rural Technology and Business Incubator (RTBI) is a registered not-for-profit society is identifying ways and means to strengthen entrepreneurs with business models for innovative, low-cost and relevant products and services. By incubating social start-ups, RTBI looks forward to develop depth and understanding of the underserved segments by sustained efforts (including a variety of independently funded initiatives) via grass root trials (involving technology creation, business modelling, service design, etc.) in areas like agriculture, education, financial inclusion, healthcare and livelihood.