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"The future of our nation hinges upon its young,educated, and socially conscious demographic," State Bank of India CEOjay Prakash says in a press release.
Prakash is referring to the roughly 1 million young people in India who have received the bank's Youth for India fellowship, which aims to give them a leg up in the world of social entrepreneurship.
The five winners of this year's competition, announced last week, will each receive a $50,000 grant to further their work, Mashable reports.
Among the winners: Nupur PoharkarPirul HandicraftsPIRUL is a social enterprise based in the hills of Uttarakhand that uses pine needles to create employment for the local women using pine needles, which are otherwise waste and are responsible for causing forest fires and groundwater table depletion.Steward GracianSocioDent is a startup focused on dental innovations.
Jawhar Farms connects urban demand for healthy millet-based food with traditional tribal resources by providing livelihood opportunities to tribal women.
Ashwini Laxman ShelkeShahalakshya Charitable Trust focuses on positive change and empowerment through scholarships, awareness campaigns on government schemes, and a modern digital library with educational resources.
Nishant Kumar SinghJawhar Farms connects urban demand for healthy millet-based food with traditional
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Asset manager Nuveen says it has raised $170m for a new fund that aims to make a positive impact on the world, the Guardian reports. The fund, called the Nuveen Climate and Social Credit Fund,...more
When Danielle Biggs graduated from North Carolina's Elon University in 2014, she planned to pursue a career in dance. Instead, she became a senior director at Aon Corp., a role that allowed her...more
"We've spent the last few years putting into place a stellar team of professionals to guide Linc into our next phase of growth, bringing innovation and new ideas that will carry our mission...more
Foundation: Friedman Charitable Foundation
Chicago'sbel Friedman is known for his philanthropy, but it's what he and his wife, Avi, have done for Chicago's Jewish community that's caught the attention of the Chicago Tribune. The couple...more
Susy Struble is running for a seat on the Piedmont Union School District Board of Education in Northern California, and she's making a point to say she's not running for the money. "I'm running...more
Foundation: MacArthur Foundation
"We are thinking about the whole arc of what it means to support an artist," says Creative Time CEO Jill Magid, "not just the final product, but those moments of community building, those moments of...more
Square Financial Services, a Utah state-chartered industrial bank, opened applications for the 24 Squared grant initiative in partnership with the Community Foundation of Utah.The program will award...more
When Stan Rosenberg founded the Arts Extension Service at the University of Massachusetts in 1960, he envisioned it as a way to "develop and nurture arts and culture in communities and community...more
The Zilber Family Foundation has been around for more than a decade, focusing on affordable housing and community development in Milwaukee. Now it's adding two new members to its board,...more
When Jack and Joseph Mandel decided to donate $10 million to the United Way of Greater Cleveland in 2022, they didn't just give it to the cause. They gave it to the endowment they started in...more
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Social Entrepreneurship
Spotlight
Colombian Social Entrepreneur Hopes to Shake and Change the World
Young at 24, Juan David Aristizabal Ospina is a social entrepreneur who founded Buena Nota, a platform that accentuates social entrepreneurs and citizens in Colombia making positive changes and raising awareness about social problems that need to be addressed.
