Aarohan Ventures, Centre for Innovation Incubation and Entrepreneurship (CIIE) in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), under the framework of Indo-German bilateral cooperation funded by the German Ministry of Economic Cooperation and Development (BMZ), conducted the second workshop for Ecosystem Development and Capacity Building for Social Enterprises in India at KCT Business School, Coimbatore in partnership with Sakthi Group.
The workshop aims to foster collaboration and unlock value by helping diverse organizations partner with the aim of creating social and economic development in India. Leading experts and practitioners such as Ashis Kumar Sahu from SELCO India, Prof. Ravi Sinha from CSI-BIMTECH, Manikandan KP from Ashoka Foundtion, Nagaraja Prakasam from Indian Angel Network and Srikrishna Sridhar Murthy from Sattva Consultants shared their best practices and learnings during the three day workshop.
Participants learnt about nuances of social entrepreneurship, approaches to community based development and were sensitized to the needs of social enterprises. 35 organisations participated in the workshop among them being pioneering organisations such as Cognizant Technology Services, Biocon Foundation, Kudumbshree, Gandhigram Trust and innovative social enterprises such as Cosmos Green, Greenway Grameen, Logistimo and Karabi Software among others.
According to Stefanie Bauer, GIZ, “This workshop is an important milestone on our journey towards a supportive eco-system for start-ups and a network of support institutions that can strengthen social enterprises across the country. Collaboration between incubators, NGOs, and the corporate sector is needed to bring about innovation that can create change”.
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH supports people and societies in developing, transition and industrialised countries in shaping their own futures and improving living conditions. As a federally owned enterprise, GIZ supports the German Government in achieving its objectives in the field of international cooperation for sustainable development. In India, GIZ works in the field of Sustainable Economic Development, Energy and Environment.
About Sakthi Group
The Sakthi Group is an 1.2 billion US$ Industrial Conglomerate and one of the fastest growing business groups in South India. The Sakthi Group has a strong market presence in a number of Industrial Domains with a host of group companies, institutions, trusts and foundations operating under its umbrella. These organizations have been playing a significant role in shaping the economic and social development of South India.
The Centre for Innovation Incubation and Entrepreneurship (CIIE) is India’s premier business incubator and accelerator located at the India Institute of Management Ahmedabad. Since 2009, CIIE has invested in more than 75 startups, with > 90% survival rate, and leveraging follow-on capital in an 18:1 ratio. Additionally, CIIE has reached out to over 30,000 startups and budding entrepreneurs and has mentored 2000+ startups through the MentorEdge network.
About Aarohan Ventures
Aarohan Ventures is the social enterprise incubation initiative of CIIE, India’s leading business incubator located in, and supported by Indian Institute of Management, Ahmedabad (IIMA). Aarohan is creating a collaborative ecosystem to support social enterprises operating in the domains of education, healthcare and technology for social development. It supports social enterprises through seed funding, mentoring, grassroot support through partners, investment and strategic advisory and by leveraging IIMA community and alumni network.