Friday, September 17, 2021
Farmers Debt Relief

77 shaheed soliders

516 sewa kendras

9300 cr Investment

helpline portal

jallianwala bagh

mrsptu

Markfed Sept to Nov

Innocent Admission

Facebook calls for applications under women entrepreneurship initiative

- Advertisement -

New Delhi, July 26, 2021- Facebook India on Monday announced a call for applications from women-led non-profits for the second phase of its corporate social responsibility (CSR) initiative — Facebook Pragati.

Facebook Pragati, an initiative to boost women empowerment, was launched in 2020 in partnership with The/Nudge Centre for Social Innovation. The initiative, which has entered its second year, will incubate and accelerate early stage women-led non-profits that are working on women related issues such as entrepreneurship, digital inclusion, technology, and health.

This year, Facebook Pragati will award six grants of up to Rs 50 lakh to each non-profit to scale up their work, the social networking giant said.

“Facebook has always been committed to promoting inclusivity through its platforms. We strongly believe that with the right digital training and resources, small businesses led by women can create a positive economic footprint for themselves as well as their communities. The impact of Covid on women entrepreneurs in India has exacerbated the vast gender gap,” Ajit Mohan, Vice President and Managing Director, Facebook India, said in a statement.

“We had launched Facebook Pragati last year to help women entrepreneurs in their journey to growth and we have been inspired by the success of the first four beneficiary businesses. We are now thrilled to announce the second phase and await more such exciting organisations to be part of this initiative with Nudge Foundation and us,” he added.

In addition to the grants, each of the non-profits selected for Facebook Pragati will get access to mentorship, fund-raising, organisational capacity building and collaboration with Facebook.

Non-profits that are less than five years old and have at least one woman founder can apply. The non-profits should also be able to demonstrate a viable business plan, working on women related issues such as entrepreneurship, digital inclusion, technology, and health. The applications will close on August 17, the tech giant said.

In 2020, four exceptional women-led non profits were chosen out of a pool of 1,326 applications and supported through grants and mentoring for 6-12 months by Facebook Pragati.

The Covid-19 pandemic led to massive losses in the Indian non-profit sector, with a significant percentage of organisations seeing shrinkage in annual revenues, but these grantees’ annual revenues in FY2021 more than tripled. They are also planning for another doubling on the larger base in FY2022, the company said.  (Agency)

Subscribe to YesPunjab Telegram Channel & receive important news updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected

20,369FansLike
112,265FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

Rahul Gandhi Congress Neon

RaGa’s Kashmiri Pandit solidarity may be an assertion for electoral gain – By Deepika Bhan

Thirty-one years after the exodus of Kashmiri Pandits from Kashmir, the Nehru-Gandhi family has for the first time unambiguously spoken up for the community....
Faiz Hameed ISI

Kingmaker of Afghanistan, Pak spy chief Faiz Hameed could be next army chief – by Mrityunjoy Kumar Jha

His Masters Voice (HMV) -- that is how the Chief of Pakistan's spy agency, Inter-Services Intelligence (ISI) is known in his country. Hameed is...
Lebanon

Existential crisis in Lebanon – by Asad Mirza

While the world it seems has been too occupied with the developments in Afghanistan, another tragedy in the making is currently on in Lebanon...

SPORTS

Health & Fitness

Lymphoma

Early diagnosis key to cure lymphoma: Doctors

New Delhi, Sep 15, 2021- Proper and timely diagnosis of lymphoma is key and may also cure the disease for life, said doctors on Wednesday. September 15 is observed every year as World Lymphoma Awareness Day. The Mayo Clinic defines lymphoma as a cancer of the lymphatic system -- part of the body's germ-fighting network. The lymphatic system includes the lymph...

Gadgets & Tech

error: Content is protected !!