The Indian School of Business (ISB) launched the 5th edition of iDiya – India’s biggest social venture competition, a student-driven initiative that aims to stimulate, enable and develop high-impact, self-sustaining social businesses in India.

Supporting social entrepreneurs

The event was inaugurated by M.N Rao, former MD and CEO of Tata Business Services Ltd.

He appreciated the initiative of supporting, incubating and working to encourage and support social entrepreneurs.

“We started learning how to frame and build a proper business plan during iDiya”, said Sanju Kumar. His enterprise, Kisan School, a farm knowledge management venture, enables farmers to share knowledge, new inventions and resources using SMS, IVR and internet.

“I was able to raise Rs.10 crore in funding from one of the government organisations”, gleamed T.J. David, the man behind a Low Cost Solar Powered Crop Harvester and Lockheed Martin award winner. Another past winner present at the event was Mr. Lateef Altear of Mobile Science Lab – a start-up that aims at reaching out to students and schools that do not have proper science laboratories.

Sravanth Gajula is the lead coordinator of iDiya. He said iDiya provides innovative ideas with an opportunity to receive mentorship support and access to incubation from a diverse set of partners. The top 10 short listed social venture ideas would be invited to ISB’s Hyderabad campus, in November, for the bootcamp – a one-week long training programme. Individuals interested in being part of the competition can visit the iDiya homepage atwww.isb.edu/idiya.

The fifth edition of iDiya, launched by the Indian School of Business (ISB), provides innovative ideas with an opportunity to receive mentorship support and access to incubation from a diverse set of partners