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By Aditi Bhutoria Asst. Professor, Public Policy and Management Group Indian Institute of Management Calcutta.
Dear Reader,
Indian tech startups raised a record $14.5 billion in 2019 beating their previous best, according to research by Tracxn. This year, however, the COVID-19 pandemic has led to a slump and shifted the growth trajectory of the startup industry. Any global crisis tends to reset consumer habits and the current health predicament is no different. While norms like social distancing are likely to influence socio-economic and psychological wellbeing, digital classrooms and work-from-home are changing the way we learn and execute.
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THINK BEFORE YOU TRASH – STORY OF CLEANERGY
The significant problems affecting solid waste management are unscientific treatment, improper collection of waste, and ethical issues. This, in turn, leads to hazards like environmental degradation, water pollution, soil pollution, and air pollution – eventually affecting the lives of people around the globe.
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FOR A BETTER TOMORROW – STORY OF SYNERGY TELETECH
In India, the Diesel combustion exhaust is a source of atmospheric soot and fine particles, which is a component of the air pollution implicated in human cancer, heart and lung damage, and mental functioning. Researchers estimate that, nationwide, tens of thousands of people die prematurely each year as a result of particulate pollution.
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SOCIAL ENTREPRENEURSHIP AND CHECKMATING COVID-19 CRISIS
Two months ago, who would have imagined that the world would change so muchso soon! People who had entered into the New Year with aspirations for the economy and ambitions to excel are now worried about retaining their jobs or paying the salaries. None of us must have ever imagined…
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TSEC Highlights
TATA Social Enterprise Challenge is a joint initiative by the TATA Sons and the Indian Institute of Management Calcutta (IIM Calcutta), a National Level challenge to find India’s most promising social enterprises. Also aimed at raising awareness about Social Entrepreneurship, TATA Social Enterprise Challenge aims to encourage the youth to step up to be the next generation of social entrepreneurs.
The challenge will invite social entrepreneurs from across India, who either have an early stage venture or an idea with a proof of concept. The proposed venture needs to have a sustainable business model that creates social impact. There is no restriction on the business model and it can be for-profit, not for profit or even a hybrid model.
The teams are required to submit a detailed Impact Proposal for the event based on which teams will be shortlisted for a 3-week mentorship program which includes mentorship at IIM Calcutta campus. Social entrepreneurs identified through the competition will be offered mentorship support, awarded cash grants and have an opportunity to pitch for funding and incubation at IIM Calcutta.
Upcoming Events
The spread of COVID-19 has affected almost all spheres of human life and has led to a significant change in the economic realm of the country. While we navigate through the current lockdown and battle with this unforeseen crisis, we have developed a series of TSEC webinars to guide the startup ecosystem on relevant contemporary topics
Read moreWe welcome your suggestions and feedback on the newsletter. Please email: tsec@iimcip.org
If you have news on social entrepreneurship to be included in this newsletter, please contact: henna.jaireth@iimcip.org
Please check the Tata Social Entrepreneurship website at www.tatasechallenge.org with the latest updates on our activities.
