Nurturing Social Innovation
Empowering social startups to create scale faster and create a greater impact
Bala Vikasa, a pioneer in Community-Driven Sustainable Development initiatives, turned its focus to promoting Social Entrepreneurship and nurturing Social Innovation, believing that these are key to Sustainable Development as the traditional development models are struggling to meet contemporary challenges.
However, Social Entrepreneurship, as an approach to create high-impact sustainable business solutions to solve critical social problems, is still at a nascent stage in India. While there are myriad support systems to aid business entrepreneurs in their entrepreneurial journey, there is a visible gap when it comes to resources that strengthen, guide and facilitate social startups/entrepreneurs, as they strive to sustain their enterprises while striking a balance between achieving their mission and generating revenue.
Diverse programs and activities are implemented throughout the year at Bala Vikasa CSRB to foster social innovation, support social entrepreneurs and strengthen the ecosystem.