American Express Donates INR 1.32 Crore to NASSCOM Foundation
To give grants and support social innovations in the space of Financial Inclusion, Healthcare and Sanitation, and Environment through the NASSCOM Social Innovation Forum
To turn public libraries into safe spaces to train girls from underserved communities on new-age technology solutions
American Express will be donating INR 1.32 Crores for these projects from its CSR budgets. Of this total grant amount, INR 1 Crore will be utilized towards NASSCOM Social Innovation Forum in providing grants & mentorship to social innovators in the area of Financial Inclusion, Healthcare &Sanitation, and Environment. The remaining, INR 32 lakhs will be utilized under NASSCOM Foundation’s Indian Public Library Movement to train young girls on technology skills, using public libraries as the training centres. The project – Technology empowering Girls will be run in 4 libraries, catering to a minimum 200 adolescent girls each year, per library.
“As an organization known for its service, we are constantly expanding the definition of what that means to us. We believe giving back to the community is not only integral to running a business sustainably, but also part of our individual responsibilities as citizens of the world. In our own experience, the most impactful leadership and innovation in our company has come from women, and this gives us the sense of purpose to partner with NSIF on this initiative to pass the baton to empower young women in the country,” said Pradeep Kapur, Senior Vice President, American Express Global Servicing Network – Japan and Asia Pacific.
Shrikant Sinha, CEO, NASSCOM Foundation said, “Most of the social issues can be solved using technology as an enabler but the use of technology becomes limited to the extent of tech knowledge a person has. We believe that if you train a girl, you train a generation giving them the power to become true change agents for the society. We are glad to partner with American Express, where we are trying to strengthen both the technology based social innovation ecosystem and the ease of technology adoption for the underserved. This partnership will also be giving a renewed purpose to the public libraries and we hope that more corporates come forward to help reimagine and reposition our public libraries as the centre of our community engagement.”
NASSCOM Social Innovation Forum (NSIF) is India’s largest platform to foster innovative use of technology to create sustained social impact. The program instituted since 2008, identifies, honours and supports, innovative Information and Communications Technology (ICT) based projects, products and solutions that have the potential to address critical gaps in key developmental areas and contribute to inclusive growth.
With support from American Express, NASSCOM Social Innovation Forum would be able to provide grants worth INR 10 lakhs each to five winners across the categories – Financial Inclusion, Healthcare & Sanitation, and Environment. The remaining grant will be utilized to further build capacity, mentor and enhance the efficiencies of the winners.
Through this onboard, American express joins Mphasis, in becoming the official partner for NASSCOM Social Innovation Forum, where the latter will be supporting the social innovations in the areas of Education and Accessibility.
The selected winners will also be provided with a 12-month Support to Scale Mentoring by experts in the industry as well as access to NASSCOM Foundation’s network of tech for good leaders in the country. The Forum aims to drive CSR capital to encourage and scale innovations across relevant and topical themes in the country.