Facebook India has launched its (corporate social responsibility) CSR initiative, Facebook “Pragati” to promote women entrepreneurship in India. Facebook Pragati powered by N/Core (The/Nudge Centre for Social Innovation).
The initiative will incubate and accelerate early-stage women-led non-profits that are working to drive women entrepreneurship and to spread awareness and adoption of technology among women in India. Facebook Pragati will award four grants of up to ₹50 lakh for each non-profit to scale their work. The programme will work on building second-tier capacity within the non-profits, with a series of functional mentors across marketing, HR and technology. Apart from creating sustainability, this will also allow founders to spend time on strategic growth, resulting in scaling up faster.
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