Subhash Chandra Foundation, an initiative of ZEE & Essel Group Chairman Subhash Chandra, has launched ‘SACH Impact’ Incubator. This is a programme to support early-stage social ventures, and is a first-of-its kind initiative that will identify and mentor upcoming social entrepreneurs from across the country. For the programme, the foundation has partnered LetsEndorse that will provide a collaborative ecosystem of social change-makers and enablers.
The incubation programme calls out innovations that are specifically targeted towards solving the modern-day challenges faced by the nation. Two annual cohorts of resolute social entrepreneurs shall be constituted every year, with each one working on one of the eight focal areas – Education, Healthcare, Clean Energy, Agriculture, Inclusion, Waste Management, Livelihood, and WASH.
The programme will provide entrepreneurs with market access for pilots, financial support, necessary mentorship, knowledge networks and more. The selected teams will be mentored by Essel Group leaders like Subhash Chandra, MD & CEO ZEEL Punit Goenka, and International Broadcast Business, ZEEL, and senior management of Essel Group Amit Goenka.
“Most entrepreneurs work to earn big but few ideate for the betterment of society. Subhash Chandra Foundation is inviting social entrepreneurs, the change-makers, for SACH Impact Incubator, who want to impact the lives of people to make world a better place,” Chandra was quoted as saying.
After applying for the programme, firms will undergo a selection process through a panel of experts. The programme can be applied for an early-stage product or technology or a software-based solution. Ventures with already developed testable versions of their innovative product/technology/software can also apply online through SACH impact website.