Social Innovation Lab Newsletter

Social Enterprise Mentoring Programme (SEMP)

Mentees Mr. Sandeep Kumar and Mr. Shubham Badgujar (extreme left and right) at the meeting with the mentors Mr. Amit Bhargava and Mr. Anil Kulkarni (L to R at Centre)
Out of the 18 finalists from the NCSI 2022, thirteen Social Innovators became a part of this year’s SEMP Cohort. This nine-month mentoring programme of the PIC Social Innovation Lab kicked off on the 9th of January 2023, and this cohort started with weekly mentoring meetings.
From January, nine mentors in this virtual accelerator programme spent almost 100-plus hours in 106 mentoring meetings. Mentees have progressed very well with the sessions and valuable inputs from the dedicated team of mentors at PIC SI Lab.
In April 2022, one-on-one mentorship meeting took place with the DigiSwasthya team, who are one of the mentees in the current SEMP cohort.

Shared Service Centre – Social Enterprise (SSC-SE)
The Shared Service Centre for Social Enterprises (SSC-SE) was initially established to complement the Social Enterprise Mentorship Programme (SEMP) of the Social Innovation Lab but has now expanded to serve all social entrepreneurs. The Centre currently provides specialised guidance in the form of curated, quality, and affordable services. As of April 2023, the total number of Social Enterprises in this programme is 76, with 124 services requested.
The services we provide in our Shared Service Centre are Digital Marketing, Accounting and Audit, Legal Compliance, Intellectual Property, Pitch Deck and Facilitating Funding, Export Documentation, Branding and Designing, Website Development and 2D/3D Animation Videos.
As a new addition to the Shared Service initiative this year, we have introduced CSR Fundraising Support, which has already benefitted more than five social innovators.

Masterclass 2023
The PIC Social Innovation Lab launched its Masterclass Initiative for social enterprises in February 2023, with four informative sessions conducted so far. The initiative aims to equip social innovators with a comprehensive understanding of the fundamental aspects of various industry verticals.

The first session was on ‘Leadership and Partnership’. It was conducted by Ms. Sonia Garcha, Director of YouthAid Foundation, who discussed how to form productive partnerships, and shed light on the challenges experienced by founders and co-founders.

The second session was on ‘Financial Management’. It was conducted by Ms. Shagun Thukral (Doctorate, CA and CFA), who discussed accounting principles, and understanding financial terms, balance sheet, income statement and cash flow statement.

The third session was on ‘Human Resource Management’. It was conducted by Ms. Shalaka Gundi (IAF Certified Professional Facilitator), who discussed the importance of the Vision and Mission of an organisation, people management and self-leadership.

The fourth session was on ‘Company and Legal Compliance’. It was conducted by Mr. Hemant Kelkar, Founder of VCounsel and Co-founder of Startup Legal, who discussed Founder Agreements, Employee Contracts, Data Privacy and Tax Compliance.

The schedule for the Masterclass sessions is as follows:
Startup funding for entrepreneurs: 6th May
SWOT Analysis: 20th May
Business Modelling Canvas: 3rd June
How to make an impactful Pitch Deck: 17th June
Marketing and Branding: 1st July
Logistics and Supply Chain Management: 15th July
Export and Import: 5th August

PIC’s Mentee Achievements

1. Sunbots Innovation LLP:
Suket Amin, Co-founder of Sunbots Innovation

LLP, a Pune International Centre SEMP 2022-23 Mentee, hosted by IIT Mandi Catalysis, won the Himalayan Startup Trek 2022. Also, they received a grant from iHub-Gujarat.

2. RNisarg Foundation:

On the occasion of Women’s Day, RNisarg Foundation was felicitated by the Chief Minister of Maharashtra, Shri Eknath Shinde, for their work in women's health hygiene and sustainable menstrual practices. The NGO also celebrated Women’s Day with its Sakhi Menstrual trainers at the L&T Energy Hydrocarbon event called MeSakhi.

3. Krishigati:

Krishigati was a part of the Kisan Samman Samelan held in October 2022 in the presence of the Prime Minister of India.
Krishigati won the Shell GameChanger Award with $50,000 for addressing climate-resilient and sustainable solutions in agritech. Also, Krishigati Pvt. Ltd. was selected for funding from the Atal Innovation Mission (AIM) under the Atal New India Challenge (ANIC).

4. DigiSwasthya Foundation:

DigiSwasthya Foundation won the Biz Gyan Tree - Health Care; Bill & Melinda Gates Foundation, FICCI, and ADPC awarded DigiSwasthya Foundation $10,000 as SARTHI Champion.

SOCIAL INNOVATION LAB Quarterly Newsletter: Jan. - April 2023

Social Enterprise Mentoring Programme (SEMP)

SOCIAL INNOVATION LAB
Quarterly Newsletter: Jan. - April 2023