Bengaluru

N/Core, Cisco ally to incubate tech startups

N/Core, an incubator for non-profit startups, announced a partnership with U.S. tech conglomerate Cisco to unveil ‘N/Core tech’.

The initiative is focused on incubating early-stage non-profits that leverage digital technology to positively impact society and solve some of the world’s most pressing social and economic problems.

It will primarily focus on incubating non-profits that are trying to address critical human needs like water, food security, healthcare, financial inclusion and education.

N/Core tech, whose first cohort is open for applications, will support up to 20 organizations during the first year, in groups of 10 organizations each.

“Cisco is committed to positively impacting 1 billion people by 2025,” said V.C. Gopalratnam, senior vice-president for IT and executive sponsor, Cisco India CSR, in a statement.

In addition to the innovation grant, the non-profits will have access to a set of mentors and technology experts from Cisco along with N/Core Partners.

Some of them are Sanjay Purohit, ex-chairman of Infosys Consulting; Maneesh Dhir, former MD of Apple India and current partner of Social Venture Partners, and K.R. Lakshminarayan, chief endowment officer of Azim Premji Foundation.

“This collaboration ... aspires to elevate the development sector in its adoption of technology to solve problems at large scale,” said N/Core CEO Sudha Srinivasan.

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Printable version | Apr 7, 2020 8:05:28 PM | https://www.thehindu.com/news/cities/bangalore/ncore-cisco-ally-to-incubate-tech-startups/article23437702.ece

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