The nonprofit sector in India is still embryonic, with very few organizations of significant scale and impact (compared to the scale of the social and economic problems faced by the country). Less than 0.01% of 1.2 million non-profits have budgets more than $3M.
Two major ecosystem gaps are that the nonprofit sector does not attract the same kind of young and energetic talent as the for-profit sector and that the nonprofit startup ecosystem does not have the same kind of support system (SSIR, 2015) that existed to help for-profit startups thrive. Centre for Social Innovation works towards nudging and nurturing India’s top talent to work on India’s developmental problems.
The nonprofit sector in India is still embryonic, with very few organizations of significant scale and impact (compared to the scale of the social and economic problems faced by the country). Less than 0.01% of 1.2 million non-profits have budgets more than $3M.
Two major ecosystem gaps are that the nonprofit sector does not attract the same kind of young and energetic talent as the for-profit sector and that the nonprofit startup ecosystem does not have the same kind of support system (SSIR, 2015) that existed to help for-profit startups thrive. Centre for Social Innovation works towards nudging and nurturing India’s top talent to work on India’s developmental problems.