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Two Gujarat social sector start-ups bag HDFC Bank’s SmartUp grant
Ahmedabad: Two Gujarat-based social sector start-ups, ‘SciKnowTech’ and ‘IEI Didactics’, incubated by GUSEC were on Friday awarded HDFC Bank’s SmartUp Grants 2021, among the 21 winners of its fourth edition of SmartUp Grants from across India.
These 21 startups working in the social sector were selected through a rigorous screening process from 300 applications.
These grants are aimed to nurture start-ups offering unique solutions to harbinger sustainable change in society and the environment.
These grants have been offered under the aegis of #Parivartan, the umbrella program for the bank’s social initiatives.
‘SciKnowTech’ is a platform of experiential teaching of science and math. It comprises a yearlong programme using audiovisual, field trips, expert intervention, creative craft work, model making, DIY, experiments, story-telling, with graded curriculum at academy with creative labs.
IEI Didactics is an impact startup to impart life skill education using an activity based learning approach.
They offer an online learning community, DIY Kits and interactive workshops that help students cultivate life skills, using challenges and DIY workshops focusing on the three areas of soft skills, maker skills and academics.
The bank instituted SmartUp grants in 2017 and over the past 4 years has supported 87 startups from various cities across India. Startups working in the fields of education technology and skill development were given priority.
To shortlist and mentor the winners, the bank partnered with nine incubators such as IIT Delhi, AIC-Bimtech, IIM Kashipur, IIT BHU, Banasthali University, C-CAMP, GUSEC, T –Hub and Villgro. In the past four years the bank has disbursed grants worth Rs 19.4 crore.