ISB, SAP Labs join hands to nurture start-ups in social space

  • By Hindu
  • | Friday | 1st September, 2017

The Indian School of Business (ISB) and SAP Labs India have entered into a collaboration to nurture technology start-ups in the social space. The application process involves short-listing of start-ups based on their innovativeness, social impact and scalability. “Through this initiative, we are supporting in creating investible and growth-oriented social enterprises which can contribute to the economic development of our country,” SAP Labs India managing director Dilipkumar Khandelwal said. For more details on the application process, visit http://www.isbdlabs.org/accelerator-jse, a release from ISB said. Start-ups targeting sectors such as education, healthcare, water and sanitation, energy, agriculture, financial technology, infrastructure, livelihoods and others are eligible to apply for the programme.

The Indian School of Business (ISB) and SAP Labs India have entered into a collaboration to nurture technology start-ups in the social space. The focus will be on ventures working in areas that have relevance to national priorities.

The Jumpstart Social Enterprise Accelerator, as the programme is called, aims to identify and support 10 early-stage and five growth-stage promising ventures by providing guidance, mentorship and scaling up their technology solutions that can bring about a large-scale impact in the lives of common people. Start-ups targeting sectors such as education, healthcare, water and sanitation, energy, agriculture, financial technology, infrastructure, livelihoods and others are eligible to apply for the programme. The application process involves short-listing of start-ups based on their innovativeness, social impact and scalability.

The shortlisted finalists would be invited for a business plan pitch and interview by a panel consisting of business experts, investors, faculty and members of the Centre for Innovation and Entrepreneurship at ISB and SAP.

For more details on the application process, visit http://www.isbdlabs.org/accelerator-jse, a release from ISB said. ISB Dean Rajendra Srivastava said ISB was committed to playing a larger role of incubating and supporting entrepreneurial ideas as well as scaling up ventures that would potentially generate employment, foster economic and social progress and create significant social value for the country. “Through this initiative, we are supporting in creating investible and growth-oriented social enterprises which can contribute to the economic development of our country,” SAP Labs India managing director Dilipkumar Khandelwal said..

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