ISB taking the lead in promoting Social Entrepreneurship

The Economic Times reports today that IT firm Helios and Matheson had tied up with the Indian School of Business to float a venture fund supporting social entrepreneurs:

The company will be leveraging on its association with ISB to select and study the feasibility of various entrepreneurship ideas. For instance, it is participating in the annual global social venture competition at ISB. “This year, 12 ideas are being floated by B-school students from various countries. This could be a good platform for us to meet the budding social entrepreneurs across the world as our focus is not limited to India.

Not long ago, Google.org, Omidyar Network and Soros Economic Development Fund teamed up to create a SME venture fund to be housed within ISB.