TATA Social Enterprise Challenge is a joint initiative by the TATA group and the Indian Institute of Management Calcutta (IIM Calcutta). This challenge aims to raise awareness about social entrepreneurship, promotes social entrepreneurship and encourages the youth to step up to be the next generation of social entrepreneurs.
To promote social entrepreneurship and to expand the reach of the Tata Social Enterprise Challenge, “Thinking Social” initiatives were started in 2014. This initiative aims to create leaders in the social entrepreneurship domain, through a series of student seminars, industry roundtables and lecture series across India. Through these initiatives the Tata group and IIMC hope to explore more students from India’s best Institutes to the concept of Social Entrepreneurship.
The “Thinking Social Seminars” are aimed towards students and budding social entrepreneurs to familiarise them with the concept of social entrepreneurship.
The main objective of these seminars is connecting the youth to social enterprises. Last year the seminars took place in 4 tier II cities – Guwahati, Noida, Pune and Trichy.
The speakers of these seminars comprised of eminent entrepreneurs, who have established their own outstanding ventures in the Indian social entrepreneurship space.
The Thinking Social Roundtables are conducted at various Institutes to promote social entrepreneurship.
The aim of these Roundtables is to interact, build bridges, and gather inputs for future strategies and plans for an evolving Indian social sector from active players in the ecosystem. It is hoped that from these deliberations by decision makers and influencers will emerge key issues & ideas that will help pave action plans for the future.
The profile of the speakers and the audience comprises a group of social entrepreneurs, social sector mentors and incubators, NGOs, leading civil society representatives, social activists and policy makers.
Last year these roundtables took place in 3 cities – Bangalore, Chennai and Mumbai. It is typically a 3 hour event followed by a Q&A session at the end.
The Tata Social Enterprise Challenge, launched by the Tata group in partnership with Indian Institute of Management Calcutta in 2012, aims to create an ecosystem for social entrepreneurship and encourage sustainable, scalable and measurable social impact.
The challenge invited social entrepreneurs who had an early-stage venture (not older than three years) or a promising idea with a plan that could create sustainable social impact in India. In addition, the enterprise was required to demonstrate significant social impact through results or proof of concept.
The winners of the competition were to receive mentorship support, funding and an opportunity to be incubated at IIM-C’s incubation centre.