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"The future of our nation hinges upon its young,educated, and socially conscious demographic," State Bank of India CEOjay Prakash says in a press release.
Prakash is referring to the roughly 1 million young people in India who have received the bank's Youth for India fellowship, which aims to give them a leg up in the world of social entrepreneurship.
The five winners of this year's competition, announced last week, will each receive a $50,000 grant to further their work, Mashable reports.
Among the winners: Nupur PoharkarPirul HandicraftsPIRUL is a social enterprise based in the hills of Uttarakhand that uses pine needles to create employment for the local women using pine needles, which are otherwise waste and are responsible for causing forest fires and groundwater table depletion.Steward GracianSocioDent is a startup focused on dental innovations.
Jawhar Farms connects urban demand for healthy millet-based food with traditional tribal resources by providing livelihood opportunities to tribal women.
Ashwini Laxman ShelkeShahalakshya Charitable Trust focuses on positive change and empowerment through scholarships, awareness campaigns on government schemes, and a modern digital library with educational resources.
Nishant Kumar SinghJawhar Farms connects urban demand for healthy millet-based food with traditional
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"When I came to Harare from Zaka, I had nobody and knew nobody, but I had to define my career path and carve my own niche, hence the confidence that all these important people here now have in...more
The Greater Hermiston Community Foundation is accepting applications for its 2024 grant cycle. Local organizations serving Hermiston, Umatilla, Stanfield, Echo, and Irrigon are eligible to...more
Foundation: Kellogg Foundation
For more than 30 years,Henrie Treadwell has been fighting for racial equity at the University of South Carolina, where she became the school's first black graduate since Reconstruction, the...more
If you're an artist trying to break into the music business, there's a good chance you've never heard of entertainment law. But if you're a law student at Mercer University in Georgia, you may...more
Amy Reese, a veteran and CEO of ARC Business Solutions, says she's "thrilled to see the impact" her organization's "Business Boots on the Ground" program will have on military veterans in...more
The University of Colorado at Boulder is in the news this week for an unusual reason: It's hosting a two-day "staff summit" next week that's open to all staff members, reports the Daily...more
Baltimore's Mitchell family is putting its money where its mouth is, awarding a $50,000 grant to Excellence & Ambition, a nonprofit that helps young people ages 14 to 21 launch and grow their own...more
South Dakota's Rapid City and Sioux Falls are two of 13 communities to receive a child care grant from the Governor's Office of Economic Development, and they're using it to do something about the...more
"Access to financial advice and banking services is essential for any community to thrive and our Community Center Branches are at the center of lifting up communities by creating opportunities for...more
When it comes to philanthropy, millennials and Gen Z are outpacing baby boomers in a big way, according to a new report from Instituto Beja and Oxygen. The report finds that 74% of millennials...more
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Social Entrepreneurship
Spotlight
Influencing Social Good Through Retail
When Hannah Davis traveled to China to teach English, she noticed how Chinese workers and farmers were often sporting olive green army-style shoes. Those shoes served as her inspiration to create her own social enterprise, Bangs Shoes.
