IIM Bangalore partners with Acumen to support startups and their sustainability journey.
What’s it about? IIM Bangalore’s innovation hub, NSRCEL, has partnered with Acumen, the NGO that invests in sustainable businesses to tackle poverty. Acumen Academy and IIM Bangalore launched the Green Growth Accelerator in July, which is a four-month program.
- It’ll provide entrepreneurs with leadership and business skills to promote equitable economic growth. NSRCEL will conduct workshops and mentoring sessions.
Tackling problems: This partnership will help innovate in waste management and waste-to-value productions. These problems need a group of stakeholders, including corporates and the government to tackle them. The partnership between NSRCEL and Acumen is the first step.
What’s next: NSRCEL will look to diversify into for-profit social businesses. Collaborating with Acumen will be beneficial for it. The hope is that using online and offline tools and resources will help bring about a positive change.