Wadhwani Foundation

Creates large-scale jobs through skill development in association with governments, corporates, mentors, investors and educational institutes to increase economic opportunities in Latin America, Asia and Africa

  • Started: 2000
  • Bangalore, Karnataka

About

The primary mission of the Wadhwani Foundation, comprising of the Wadhwani Charitable Foundation and Wadhwani Operating Foundation, is to accelerate e Read moreconomic development in emerging economies through creating jobs on a large scale through a collaboration with governments, corporates, mentors, investors, and educational institutes. In India, it has launched five initiatives which promote entrepreneurial and employment skills, encourage innovation, and drive policy changes to start economic opportunities. To address high youth unemployment in the U.S, Wadhwani Foundation launched the ‘Race to a Job’ initiative in 2012. As a part of the same foundation, Wadhwani Charitable Foundation focuses on grantmaking, while the Wadhwani Operating Foundation focuses on direct programs. Currently, its initiatives are: 1. National Entrepreneurship Network: This network is a means to inspire, educate, and support student entrepreneurs and start-ups based in each city, consisting of institutes that teach entrepreneurship through the NEN Student Entrepreneurship Programs, accelerators, mentors, investors, and developers. The WF Venture ScaleUp helps entrepreneurs to scale their company faster with customized mentoring and sustained business support. 2. Global Innovation Network (GIN) aims to create research institutes in order to address the challenges in emerging economies, leading to the creation of global organizations. The Wadhwani Research Centre for Biotechnology (WRCB) established at IIT Bombay, is encouraging bioengineering research in areas of low-cost bio-sensors, biomedical devices and drug delivery, and bioinformatics. The Shanta Wadhwani Center for Cardiac and Neural Research (SWCCNR) established at the National Center for Biological Sciences (NCBS) works for major problems in cardiac and neurodevelopmental biology aimed at understanding the role of stem cells in neuroscience and cardiomyopathies. GIN also aims to create stronger innovation ecosystems in India through government-supported innovation grants to 25,000 companies over five years as part of the Startup and Small Business Innovation initiative (SSBI). 3. Global Skills Network (GSN) aims to help high school graduates, who do not go to college, with sufficient work-skills to support their families and themselves. GSN works with governments across developing economies towards transforming vocational schools into modern training centers and multi-skill institutes. It also works with employers to participate in providing internships and on-the-job training. 4. Policy Research Network (PRN) provides data-driven research work for making policies focused on innovation, entrepreneurship, skills development, and employment aimed at promoting faster economic growth.

Sectors

  • Corporate Social Responsibility (CSR)
  • Funding & Investing
  • Livelihoods
  • Employment
  • Education
  • Impact Analysis

Programs

Location

Project Location

Headquarters

Subramanya Tech Park, Plot No. 3 & 3A, EOIZ Industrial Area, KIADB Export Promotion Industrial Area, Krishnarajapura

Offices in Cities

Bangalore

Projects in States

West Bengal, Chhattisgarh, Bihar, Maharashtra, Madhya Pradesh, Delhi

Other Details

  • Type & Sub Type

    Non-profit

  • Employees

    21-50

Website