Formation | 1996 |
---|---|
Type | Non-governmental organization |
Purpose | Promoting entrepreneurship and innovation as catalysts for change. |
Headquarters | 92 Montvale Ave, Suite 2500 Stoneham, MA 02180 |
Region served | United States, India. |
President of Foundation | Gururaj (Desh) and Jaishree Deshpande. |
Website | Deshpande Foundation |
Deshpande Foundation is a non-governmental organization founded in 1996 in the US by Dr. Gururaj (Desh) and Jaishree Deshpande to accelerate the creation of sustainable and scalable enterprises that have significant social and economic impact. Foundation has embarked on large-scale projects in the United States and India such as :
The foundation runs numerous programs in its Indian wing. Few of them are listed below.
Hubli, officially known as Hubballi, is a city in the Indian state of Karnataka. The twin cities Hubli–Dharwad form the second largest city in the state by area and population and the largest city in North Karnataka. Hubli is in Dharwad district of Karnataka and is the taluk headquarters of Hubli City and Hubli Rural. Although it hosts the HDMC office, the district headquarters is in Dharwad.
The Sloan School of Management at Massachusetts Institute of Technology is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts. MIT Sloan offers bachelor's, master's, and doctoral degree programs, as well as executive education. Its degree programs are among the most selective in the world. MIT Sloan emphasizes innovation in practice and research. Many influential ideas in management and finance originated at the school, including the Black–Scholes model, the Solow–Swan model, the random walk hypothesis, the binomial options pricing model, and the field of system dynamics. The faculty has included numerous Nobel laureates in economics and John Bates Clark Medal winners.
Sudha Murty is an Indian educator, author, philanthropist and former chairperson of the Infosys Foundation. She is married to the co-founder of Infosys, N. R. Narayana Murty. Murty was awarded the Padma Shri, the fourth highest civilian award in India, for social work by the Government of India in 2006. Later in 2023, she was awarded the Padma Bhushan, the third highest civilian award in India.
Hubballi and Dharwad are twin cities in the Indian state of Karnataka. Hubli-Dharwad form the second-largest municipality and urban agglomeration of Karnataka in terms of population, after the capital Bangalore. While Dharwad is the administrative headquarters, the city of Hubli, situated about 20 km (12 mi) south-east of Dharwad, is the commercial centre and business hub of North Karnataka. The cities have a single municipal corporation called Hubli-Dharwad Municipal Corporation (HDMC).
Senapathy "Kris" Gopalakrishnan is an Indian businessman and the Chairman of Axilor Ventures, an accelerator that helps start-ups during the early stage of their business journey. Kris served as the vice chairman of Infosys from 2011 to 2014 and the chief executive officer and managing director of Infosys from 2007 to 2011. Kris is one of the co-founders of Infosys.
The Lemelson Foundation is an American 501(c)(3) private foundation. It was started in 1993 by Jerome H. Lemelson and his wife Dorothy. The foundation held total net assets of US$444,124,049 at the end of 2020 and US$484,432,021 at the end of 2021.
Prabhakar Kore is an Indian politician and former a member of Rajya Sabha from Karnataka. He is a member of the Bharatiya Janata Party. He is the chairman of the Karnatak Lingayat Education Society, Belagavi which runs over 280 institutions that provide education and healthcare in Karnataka and Maharashtra, India. He is also the Chancellor of KLE Academy of Higher Education and Research (KAHER), Belagavi and KLE Technological University, Hubballi.
Agastya International Foundation (Agastya) is an Indian education trust and non-profit organization based in Bangalore, India whose mission is "to spark curiosity, nurture creativity and instil confidence" among economically disadvantaged children and teachers in India. A team of scientists, educators, and entrepreneurs led by Ramji Raghavan founded Agastya in 1999. Agastya's founders include the late K.V. Raghavan, former chairman of Engineers India Limited and Dr. P.K. Iyengar, former chairman of the Indian Atomic Energy Commission. Agastya runs hands-on science and art education programs in rural, semi-urban, and urban regions across 19 Indian states. It is one of the world's largest mobile and hands-on science education programs catering to economically disadvantaged children and public-school teachers.
Gururaj Deshpande is an Indian American venture capitalist and entrepreneur, who is best known for co-founding the Chelmsford, MA-based internet equipment manufacturer Sycamore Networks, the Deshpande Center for Technological Innovation at MIT and the Deshpande Foundation.
The MIT $100K Entrepreneurship Competition is a student-managed business plan competition, where undergraduates and postgraduates from various programs and all levels at the Massachusetts Institute of Technology (MIT) organize and enter the competition. Teams must include at least one full-time MIT student, but membership is not limited to the MIT community. The competition is supported by the MIT Entrepreneurship Center at the MIT Sloan School of Management. Every year a total of $300,000 is distributed as non-dilutive grant money. Since 1990, over 160 companies have been started as a result of the competition, generating 4,600 jobs, receiving over $1.3 billion in follow-up venture capital funding and totaling a cumulative market value of over $15 billion.
Bill Aulet is the Managing Director of the Martin Trust Center for MIT Entrepreneurship at MIT and Professor of the Practice at the MIT Sloan School of Management and MIT Sloan Executive Education. He is also the author of Disciplined Entrepreneurship: 24 Steps to a Successful Startup.
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M12, formerly Microsoft Ventures, is a corporate venture capital subsidiary of Microsoft. Founded in March 2016, its mission is to be an active, strategic partner during a startup's growth, typically investing between Series A and D. The fund is managed by Michelle Gonzalez, formerly of Google.
MIT Global Startup Workshop (MIT GSW) is an event organized by the Massachusetts Institute of Technology run by a student group in association with Martin Trust Center for MIT Entrepreneurship, the MIT Legatum Center for Development and Entrepreneurship, and the MIT Regional Entrepreneurship Acceleration Program (MIT REAP).
Hubli Sandbox in Hubballi, India is an ecosystem launched by Deshpande Foundation that supports mission-driven individuals to come up with sustainable and scalable enterprises having social and economic impact. It's a co-creation of Dr. Gururaj "Desh" Deshpande and his wife Jaishree Deshpande.
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