Tech-Enabled Social Innovations
Supporting for-profits and non-profit impact ventures across sectors through an entrepreneur-first lens to provide impetus to their entrepreneurial journey
*Note - This form is only for expressing interest in the program. The actual application form is the final step in the registration process.
NSRCEL, the startup hub at IIM Bangalore in collaboration with Capgemini supports tech-enabled social innovations that demonstrate a potential business model to innovate, implement and create social impact, looking for scale and sustained business model.
Program Highlights
Clarity in Value Proposition and Business Models
Alternate Sources of Funding and Fundraising Readiness
Legal and Compliance Support
Impact Measurement Readiness and Leadership Capacity Building
Leveraging Technology for Scale
Our Impact
3 Cohorts Conducted
19 Ventures Impacted
4.5 Million+ Lives Impacted
Rs 12.5 Crores Follow on Funding Raised by Ventures
Eligibility Criteria
Must have a registered for-profit entity or a non-profit entity
Must be in operations for a minimum period of 1 year
Must be at an Early Revenue to Growth stage, with a proven POC or Pilots
Must be tech-enabled or have digitally inclusive innovations solving social problems
Must be an Impact First venture with direct potential to impact at least 3 UN Sustainable Development Goals
Must directly impact Sustainable Development Goals and the Human Development Index
What you can expect
You can submit your application here
Learn more about the program here
Meet our Ventures
Program Partner
FAQs
What is the Impact Orbit- Tech-enabled Social Innovations Program?
NSRCEL’s Impact Orbit program supports Tech-enabled Social Innovations that demonstrate a potential business model to innovate, implement and create social impact, looking for scale and sustained business model.
The program incubates early to growth stage For-profit and Non-Profit ventures with high-growth potential to build scalable models for sustained impact.
What are the eligibility criteria to apply?
For-Profit and Nonprofit Tech-enabled registered ventures that have been in operation for more than a year with a sustained social impact meeting the following criteria:
- Early revenue to Growth stage, with proven POCs or Pilots
- Tech-enabled/ tech-driven or digitally inclusive innovations solving social problems
- Impact First ventures with the direct potential to impact at least 3 SDGs
Is there a specific industry or sector preference for the Tech-enabled Social Innovations Program?
Impact Orbit is sector agnostic and is open to support tech innovations with a sustained social impact. Our sectors in focus include but are not limited to:
- Education
- Health
- Livelihood
- WASH
- Water and Climate
- Agriculture
- Gender equality
What kind of value & support can I get from the Impact Orbit- Tech-enabled Social Innovations Program?
- Clarity in value proposition
- Alternate sources of funding and fundraising readiness
- Impact metrics readiness
- Funding readiness
- 1-on-1 mentoring from domain experts
- The selected ventures will also get grants up to Rs 15 lakhs.
How can I apply for the Impact Orbit - Tech-enabled Social Innovations Program?
You can apply for the program by filling out the online application form available on the NSRCEL website during the application period. You can apply here- https://nsrcel-impactorbit.accubate.app/ext/form/1983/1/apply
What is the duration of the Incubation?
The program’s duration may vary depending on the cohort and specific program objectives, but it generally ranges from 8/9 months.
What does the selection process look like for the program?
There is a 3-step selection process:
- Fill out an online application form, submitting relevant documents and pitch deck
- Shortlisted candidates have an internal round of review with program team
- Further shortlisted candidates undergo an external panel review involving a 6/7 min pitch.
Can I apply for a program if my venture is at an early stage or still in ideation phase?
The program may accept ventures at various stages of development, but preference may be given to those with a revenue or pre-revenue stage. If you are an idea stage venture, we would recommend checking our Launchpad program.
Is there any cost associated with participating in the Impact Orbit Program?
The program doesn’t have any kind of fee structure or other financial considerations. We don’t charge any kind of fees or equity from the founder.
What happens after I submit my application?
After submitting your application, it will be reviewed by the program selection committee. Shortlisted applicants may be invited for further evaluation, which may include interviews or presentations.
What is the process for receiving funding or investment through the Impact Orbit Program?
The program may offer funding opportunities through grants & impact investors connect, but the specifics will depend on individual venture needs and program resources.
Who can I contact if I have additional questions or need assistance?
For any further inquiries or assistance regarding the Impact Orbit Program, you can reach out to the program team via email– nsrcel.social@nsrcel.iimb.ac.in