Jan 16, 2016
Noida, 16th January 2016 – HCL Foundation today launched HCL Grant, an initiative to support NGOs and individual social leaders who are implementing projects for upliftment and development of the country. A sum of INR 100 crores would be spent over the period of next 5 years through this initiative. In its first year, one winning NGO will receive a grant of INR 5 crores.
Six finalists from which the winning NGO would be selected were felicitated today. These finalists were selected from a pool of over 400 NGOs from across the country, through a rigorous selection process consisting of eminent jury members.
The critical role that NGOs are playing in process of nation building initiatives makes them a powerful Fifth Estate working in tandem with the other four estates – Judicial, Legislature, Bureaucracy and Media. While in the first year HCL Grant is being given to one NGO in the education sector, in the subsequent years, NGOs and individual social leaders from the area of healthcare and ecosystem development would also be eligible to win individual Grants of INR 5 crore each.
Ms. Robin Abrams, Board Member, HCL Technologies and Chairperson of Jury, HCL Grant, said, “For a long time NGOs have been playing a role of plugging the gaps for a large population of India, who are vulnerable, in terms of education, health, and sometimes even basic amenities. What makes their role extremely important is that they represent the citizens of India and reach where perhaps other development activities do not. Through HCL Grant, our aim is to support NGOs by institutionalizing the processes and frameworks and also recognize contributors for the upliftment of India.”
“We believe NGOs are equally important as much as the other four estates, especially in India which has a number of complex challenges at this point in time. Through HCL Grant we will be able to identify the right kind of NGOs, and institutionalize them through their capacity and capability building. Our support and regular assessments will help them move forward and achieve their mission in the long term,” says Ms Srimathi Shivashankar, Head, HCL Foundation.
The top six finalists selected are:
The winning NGO would be announced on January 18th at an event where leaders and dignitaries from various walks of life would be present.
Notes to the editor:
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