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Monday, January 17, 2011
Hindu press release - ISB student's plan wins grant in global competition
leaseOnline edition of India's National Newspaper
Monday, Jan 17, 2011
ePaper Mobile/PDA Version
Andhra Pradesh
ISB student's plan wins grant in global competitionSpecial Correspondent
HYDERABAD: A non-profit business plan proposed by Tanushree Jana, a student of the 2011 class at the Indian School of Business (ISB) here, to bring 200 people out of the poverty line by helping small and marginal SC/ST farmers in Karnataka, won a monetary grant for $ 10,000 (Rs.4.5 lakh) recently in the Procter & Gamble International Social Venture Competition.
This is the second time in a row that Ms. Tanushree has won funds in the competition. The plan to be implemented by Prerana (an NGO) is to help the farmers by installing Lift Irrigation Systems (LIS). While the Philanthropy Committee received 54 applications with requests for funding over $ 6,85,000, it had approved grants of $ 50,000 to five projects from as many countries.
Last year, her plan bagged the grant for $ 9,000 for a Bangalore-based NGO called Yuvalok. The plan sought to impart tailoring skills to 20 women living in slums. The training helped them earn between Rs.5,000 and Rs.8,000 a month by working in government factories or by working on their own, according to Ms.Tanushree.
Monday, Jan 17, 2011
ePaper Mobile/PDA Version
Andhra Pradesh
ISB student's plan wins grant in global competitionSpecial Correspondent
HYDERABAD: A non-profit business plan proposed by Tanushree Jana, a student of the 2011 class at the Indian School of Business (ISB) here, to bring 200 people out of the poverty line by helping small and marginal SC/ST farmers in Karnataka, won a monetary grant for $ 10,000 (Rs.4.5 lakh) recently in the Procter & Gamble International Social Venture Competition.
This is the second time in a row that Ms. Tanushree has won funds in the competition. The plan to be implemented by Prerana (an NGO) is to help the farmers by installing Lift Irrigation Systems (LIS). While the Philanthropy Committee received 54 applications with requests for funding over $ 6,85,000, it had approved grants of $ 50,000 to five projects from as many countries.
Last year, her plan bagged the grant for $ 9,000 for a Bangalore-based NGO called Yuvalok. The plan sought to impart tailoring skills to 20 women living in slums. The training helped them earn between Rs.5,000 and Rs.8,000 a month by working in government factories or by working on their own, according to Ms.Tanushree.
Every year the P&G Alumni Philanthropy fund organises a competition which is open to all P&G alumni.
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