Some of the most complex challenges in global development demand breakthrough innovations to create meaningful impact for people and the planet. Social Alpha is designed to support science and technology innovations that address the most critical social, economic, and environmental issues of our times.
Social Alpha works closely with the end users, communities, and other stakeholders to understand these challenges and develop an impact thesis and innovation framework. This thesis-driven approach guides innovation scouting, prioritisation and resource allocation, responding to the unmet needs of underserved sectors and communities. Social Alpha has evolved into a multistage innovation curation and venture development platform to bridge the gap between science and society. It supports innovators willing to take entrepreneurial risks and build impactful solutions for development sector challenges. This "full stack" approach helps address market failures and enables startups to become deployment- and investment-ready as they transition their innovations from lab to market and ultimately to the community.
Social Alpha’s theory of change is implemented through its innovation labs, accelerator programs, seed funds, and deployment partnerships. Selected startups gain access to a comprehensive range of resources, including sandbox environments and real-world test beds for pilots and validations, product management guidance, technical, business, and regulatory expertise, early-stage risk capital, market access, scale-up support and entrepreneurial mentoring.
With its deep community engagement, strategic partnerships, and ecosystem enablement, Social Alpha has demonstrated that impactful innovations can be developed, de-risked, and deployed in the social sector by aligning the incentives of society, the market, and the state. It has supported more than 350 innovations, creating a new category within philanthropy to make it circular, sustainable and scalable.
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Industry
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Non-profit Organizations
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Company size
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51-200 employees
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Headquarters
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Bangalore, Karnataka
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Type
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Nonprofit
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Founded
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2015
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Specialties
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Venture Philantrophy, Technology Incubation, Social Entrepreneurship, Innovation, Lab to Market, Investments, Social Finance, Incubation, Venture Capital, Startup Accelerator, venture studio, Climate Change, Healthcare, Livelihoods, Sustainability, Wellness, Poverty Elimination, Philanthropy, Social Impact, Climate Action, Prosperity, Global Development, and Global South