Change Engine Foundation and Wingify Foundation have joined forces to empower the next generation of social entrepreneurs in India. The ACE Impact Cohort, 2024 will provide support to social impact fellows through hands-on mentorship and seed capital. Fellows will be able to transform their innovative ideas into tangible solutions that address pressing social issues.
ACE Impact fellows participate in a 6-month in-person acceleration program, receiving mentorship and guidance to build and successfully launch their nonprofits. The program will address knowledge and skill gaps, helping fellows apply learnings to their organizations. It is divided into three phases:
Interact with users and stakeholders to understand the system and intervention points.
Design and test a minimum viable product, gather feedback, revise theory of change.
Refine product, expand user base, develop fundraising plan and pitch.
Through the ACE Impact Cohort, 2024, we are supporting three non-profit organizations: Sajhe Sapne, which empowers rural women to upskill and access high-growth opportunities; Scholarlify, which offers high-quality tech-focused degrees to students from low-income backgrounds; and Project Deep, which provides unconditional direct cash transfers to foster self-reliance in indigent communities.
During their 6 months mentorship, they will embark on their journey from ideation of the product, receiving funding and launch. They will indulge in Weekly check-ins, Expert sessions, 1:1 office hour, curated reading material and external mentor masterclasses to upskill themselves and scale their nonprofits to greater heights. This approach will train and equip them with relevant business sustaining skills to emerge as successful social entrepreneurs.
Provide comprehensive support and to social impact fellows, enabling them to build and launch scalable nonprofits.
Fellows will receive seed funding, which will be effectively utilized to kickstart their projects, covering essential startup costs and initial operations.
Utilize Wingify Foundation’s expertise and resources to enhance the quality of mentorship and guidance offered to fellows.
Ensure the successful launch of innovative solutions that address critical social issues, creating a lasting positive impact on communities across India.