Facebook Pragati – a new CSR initiative of Facebook India – launched to boost women entrepreneurship in India. Most importantly, the initiative will award four grants of up to ₹ 50 lakh each to women led nonprofit startups (or NGOs). It is powered by N/Core (The/Nudge Centre for Social Innovation).
Content
- Facebook Pragati
- How to apply on project Facebook Pragati?
- Initiative’s aim?
- Hands-on support
- Statement
Facebook Pragati
Its’ a welcome move by Facebook India, as the social-media platform has invited applications from NGOs for its CSR initiative.
Besides a grant of up to ₹ 50 lakh, the start-ups will mentored by N/Core Partners such as —
- Kamakshi Rao (Partner, Ankur Capital)
- KR Lakshminaraya (Chief Endowment Officer of Azim Premji Foundation) and
- SK Jain (Co-founder, WestBridge Capital) & many others.
How to apply on project Facebook Pragati?
Here, the Non-profit organizations that are less than 3 years old and have at least one woman founder can apply for the grant. Applications can be made on the official N/Core foundation link till 31st Match 2020.
You must go through the above link so that you can not only check your eligibility criteria but also can apply directly or by filling forms.
Initiative’s aim?
- First of all, empower women to set-up & grow their businesses, and contribute to making the country economically & socially stronger.
- Then, nurture & accelerate early stage women led non-profits that are working in the areas of women entrepreneurship.
- Above all, to drive awareness and adoption of technology among women in India.
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Hands-on support
Under Facebook Pragati project, the start-ups will receive hands-on support in areas such as – Technology, Marketing and human resources from renowned experts and industry leaders, including Facebook’s leadership team and employee volunteers.
Statements
Ajit Mohan, Vice-President and Managing Director of Facebook India, said:
Facebook is an ally for accelerating India’s growth and promoting inclusion is one of our key priorities. An important enabler for that is financial independence.
The relative number of businesses in India run by women entrepreneurs is still very low. We are committed to helping women entrepreneurs succeed through greater access to digital platforms, funds and mentorship.
