Four organisations in Hyderabad have recently announced a collaboration for developing a social entrepreneurship ecosystem in Telangana.
The four organisations include: Action For India (AFI), an organisation that helps social enterprises with access to technology, investors and government agencies, International Institute of Information Technology, Hyderabad (IIIT-H), Indian Institute of Technology, Hyderabad (IIT-H), and T-Hub, a state government initiative for startups.
The not-for-profit collaboration was set in stone with a memorandum of understanding (MoU) during the annual Action For India Forum 2019 at the Indian School of Business (ISB).
The collaboration aims at delivering strategic scaling support to 5,000 social impact startups over five years.
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William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”