GN Bureau | August 31, 2015
Mphasis has partnered with International Institute of Information Technology-Bangalore (IIIT-B) to support social enterprises under the IT firm's corporate social responsibility initiatives.
Under a memorandum of understanding signed between the two, the institute will leverage a portion of Mphasis' CSR funds and invest and nurture social enterprises that are in line with the company's CSR focus areas such as education, employability and entrepreneurship.
IIIT-B will also provide focused mentoring services as well as logistics and business network support for the ventures it incubates under the programme. IIIT-B has so far incubated 12 ideas and is currently supporting six companies in the areas of education, healthcare and energy.
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