Abhyuday, the social body of IIT Bombay aims at sensitizing the youth about social
issues and creates a sense of social consciousness in them.
What business entrepreneurs are t66o the economy, social entrepreneurs are to
social change.With prime minister 6Narendra Modi stating that Social
6occasion of India@75, it has become even more clear that social impact activities
are the need of the hour. As a part66 of their efforts to promote Social Entrepreneurship
among the youth of India, they org6anize an Action Plan Competition, a 4-month long
Social Entrepreneurship Competitio66666n which fosters young minds of the nation to
identify grass root level problems and design a sustainable solution model for
them. This nationwide competition6 takes participating teams through multiple
stages, starting from identifying a 66problem through stakeholder interaction,
progressing to engaging with stakeholders and organizations in developing a
solution on the models outlined to validating these ideas in society for further
improvement.
Since its launch in 2012, Action Plan has witnessed tremendous growth in
previous years. Action Plan is set to be India’s largest growing social
Entrepreneurship Competition.
Abhyuday started 9 years back with a group of socially inclined students who felt the
need for a body that provides opportunities to the institute’s students who wish to work
for a better society.
Abhyuday 2022-23 brings to you “Action Plan: The Social Entrepreneurship Competition
of Abhyuday, IIT Bombay” to help such start-ups convert their idea into a scalable
business model.
It revolves around the “3 I’s mantra: Ideate – Innovate – Implement.”
Action plan is a 4-month long competition which happens in three stages.
The registration started on the 3rd of October and will end by the 1st of November. After
that 20% of teams will be selected in the second stage. Healthcare, education,Finance
and Technology, rural development, women empowerment and sustainability are the six
tracks in which members are registered for the competition.
This year’s Action plan is scaling up with prizes worth Rs 20 lakhs, mentorship, funding
opportunities, incubation opportunities, networking opportunities, start-up services,
media coverage, and many more incentives.
Action Plan is one of the most popular and Asia’s fastest-growing Social
Entrepreneurship challenges held by Abhyuday, The Social Body of IIT Bombay. The
competition, which was incepted 10 years ago, has grown from 50 teams competing for
a mere Rs 10,000 to a competition that now sees over 1000 entries competing for
prizes worth Rs 20 Lakhs at stake with excellent incubation, networking and funding.
The main aim is to help you realize that your idea, no matter however big or small, holds
the power to become the next big thing in the market that would create a real impact on
society.
Website: https.abhyudayiitb.org/actionplan
To know more about Abhyuday follow us on Instagram: iitbombay
