27 October, 2018, Bengaluru: NSRCEL Social and Mphasis F1 Foundation will announce the launch of the Social Venture Incubation Programme with a panel discussion on ‘Social Entrepreneurship: Values, Objectives and Sustainability’, on October 31, 2018, from 11:00 am, at the MDC Conference Room at Indian Institute of Management Bangalore (IIMB).

The programme aims to incubate and support ‘for profit’ social ventures and comprises start-ups that have been in operation for one to three years. The programme focus is on helping start-ups build financially sustainable and scalable models working in the education, livelihood and disability space. The NSRCEL Social approach to Social incubation aims to create a programme that can be replicated at other academic institutions and incubation hubs across the country.

“Given the magnitude of social problems in India, we appreciate the partnership with Mphasis F1 Foundation in creating an incubation programme to identify scalable ventures which can address some of these problems profitably,” said Dr Suresh Bhagavatula, Chair, NSRCEL at IIM Bangalore.

The event will also be marked by a panel discussion on ‘Social Entrepreneurship: Values, Objectives and Sustainability’.

The panellists are Srivardhini K Jha, Young Faculty Research Chair and faculty in the Entrepreneurship area, IIMB, Anuja Master Bose, Philanthropy Strategy Advisor, Villgro Innovations Fund, Srikanth Karra, Chief Human Resources Officer, Mphasis, and Vandana Suri, Co-founder, TAXSHE. The discussion will be moderated by Dalhia Mani, Young Faculty Research Chair and faculty in the Entrepreneurship area, IIMB.

About IIM Bangalore

Indian Institute of Management Bangalore (IIMB) builds leaders and entrepreneurs through holistic, transformative and innovative education. An EQUIS accredited business school, IIMB is an acknowledged hub of academic activity in India and across the globe. For more on IIMB, go to www.iimb.ac.in

The NSRCEL at IIM Bangalore incubates start-ups and provides a range of educational and capacity building programs and mentorship support, both for start-ups and early-stage ventures.

About NSRCEL Social:

NSRCEL Social is an initiative which aims to leverage NSRCEL’s experience in nurturing early stage ventures to incubate world-class not-for-profit and for-profit social ventures.

About Mphasis

Mphasis (BSE: 526299; NSE: MPHASIS) applies next-generation technology to help enterprises transform businesses globally. Customer centricity is foundational to Mphasis and is reflected in the Mphasis’ Front2Back™ Transformation approach. Front2Back™ uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C2 TM=1) digital experience to clients and their end customers. Mphasis’ Service Transformation approach helps ‘shrink the core’ through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis’ core reference architectures and tools, speed and innovation with domain expertise and specialization are key to building strong relationships with marquee clients. Click here to know more.