Program

Thoughtworks Technologies India – Venture Center Collaboration on Technology Incubation aims to support entrepreneurs / start ups working on technologies with potential social impact.

Under its Corporate Social Responsibility activities Thoughtworks Technologies India Pvt. Ltd. has provided funding for developing Science & Technology based solutions of Social Entrepreneurs at Venture Centre. This collaboration was launched in F.Y. 2023-2024.

Scope

This CSR Grant will enable an entrepreneur / startup to conduct Proof of concept (POC) studies/ prototype development or prototype validation and adoption of appropriate technologies to address social needs.

Without limiting scope unduly, the projects and technology entrepreneurs chosen shall be:

• Focused on a leveraging science and technology/ inventions
• Focused on building a sustainable and scalable entrepreneurial venture
• Themes of social entrepreneurship will be preferred (Healthacare & Sustainability)
• Any other themes suggested by the Project Oversight Committee (POC)

There shall be no restriction on the background of the entrepreneur. However, preference may be given to:

• Women entrepreneurs
• First generation entrepreneurs
• Social enterprises
• Any other criteria suggested by the Project Oversight Committee (POC)

Monitoring and reporting

• Venture Center shall constitute a Program Oversight Committee (POC) for selection of grantees and to oversee the implementation of the project.
• The scope and extent of support to the grantee shall be decided on a case-to-case basis by POC
• The  Project Leader shall periodically review projects and report the progress to the POC