2. Social Entrepreneurship
Social entrepreneurship is the work of a
social entrepreneur. A social
entrepreneur is someone who recognizes
a social problem and uses entrepreneurial
principles to organize, create, and
manage a venture to make a social
change
3. Social and Business
Entrepreneurs: The Difference
Business entrepreneurs typically
measure performance in profit and return,
social entrepreneurs assess their success
in terms of the impact they have on
society.
Social entrepreneurs often work through
non-profits and citizen groups, while
business entrepreneurs work in the
private and governmental sectors
4. IITs : Current Role
IITs as technology providers
IITs as technology introducer
IITs as training grounds for technology
introduction and usage
Adding to the intellectual capital of the
country
5. IITs are accountable to Society
With funds coming from the tax payers pocket it
becomes imperative for the IITs to be
accountable to the society.
Current initiatives such as NSS, few training
programs, etc. do not justify the status &
potential of IITs & IITians as nation builders.
This calls for a need to develop an extensive
approach towards nation building with inputs
from IIT staff, students and alumni.
6. Benefits of Social
Entrepreneurship
Forms the financial backbone of all non
profitable work for social cause and
enhances self sustainability.
Leverages an asset or capability that you
already possess.
Addresses a defined but unsatisfied need
& want in the community, especially in the
rural areas.
7. IITs and Social Entrepreneurship
IITs have the necessary knowledge
resource for initiation of such projects and
taking social entrepreneurship to the
desired level in India.
Knowledge resource is available in the
form of faculty, students & well
established alumni base.
8. What can be done?
1. Making social entrepreneurship practices
a part of student life.
2. Providing opportunities for students to
engage with the community.
3. Encouraging students to opt for Social
Entrepreneurship as a career option.
9. 1. Social Entrepreneurship in
campus
STUDENTS LOCAL GRAM PANCHAYAT
FINALISED
PROPOSAL
FUNDING BY VARIOUS
GOVT. SCHEMES
10. Additional Benefits
Success of such projects is most likely to
invite proposals from industry.
They can route their corporate social
responsibility tasks to the student
community via faculty or alumni or
through direct interaction with students.
11. BENEFITS TO THE STUDENTS
It gives them a chance to
“EARN WHILE THEY LEARN”
Students get a chance to work on live
projects which makes it highly attractive
for those planning to go for higher
studies.
12. 2. Students engaging with
community
Using NSS as a launch pad to directly
come in contact with society.
Work on the dictum of
“The person who faces the problem
knows the maximum about that
problem.”
Deprived folks of society to tell their
problems along with their likely
solutions to students who will take the
next action.
13. 3. Social entrepreneurship as a
career option
This not only provides a satisfaction out
of serving society but also takes into
consideration the monetary side of
one's career.
Expose students to this option through
collaboration with social
entrepreneurship enterprises.
Independent minded students to benefit
the most.
14. The Steps to be taken
Two pronged process at the heart of
agenda:
1. To be taken up by students.
2. To be taken by the institute.
15. Steps: By Students
Blogs
Blogs are a great way of reaching out
to fellow students, thus making efforts
in social entrepreneurship reaching a
mass level with participation from
across the campus.
Establishment of new entity with
characteristics of both NSS and
Entrepreneurship Development
Council.
16. Steps: By Institute
Collaboration with social enterprises
like Ashoka, etc.
Symposiums on social
entrepreneurship inviting experts
working in this area.
Establishment of proper Alumni-
Students interaction channels to equip
students with wise decision making
using their vast industry experience.
17. In a Nutshell
We are hoping that IITs contribute more
to the society in a more meaningful and
effective manner than what IITs are
doing at present.
Social entrepreneurship is one aspect
where there is ample scope for IITs to
come at par with the hopes of Indian
society to which they are responsible.
