~UN Habitat, McKinsey & Washington DC based investor group Arc Angels join hands with 1M1B
New Delhi, 12 September 2015: 1M1B (1 Million for 1 Billion) announced their internship program at the Women Entrepreneurship (WE) summit conducted at YMCA New Delhi today. The event was graced by the esteemed guests and panelists like Capt. Indraani Singh, Senior Air India Pilot & Founder & Managing Trustee, Literacy India & Indhacraft, Ms Aditi Kapoor Director (Policy Advocacy and Partnerships), Alternative Futures, Ms Saloni Malhotra, Associate Vice President at Paytm & Board Member, DesiCrew and senior UN Official.
To break the vicious circle of dependence, youth and women have to achieve their own economic empowerment and as a society this transition should be encouraged and facilitated. With this internship program 1M1B (1 Million for 1 Billion) is looking to empower a million youth and women across the globe to create their own jobs and start enterprises that will change the world and further empower a billion.
The co founders Dr. Swati Subodh and Mr. Manav Subodh of 1M 1B in association with Connecting Dreams Foundation in India are striving to help young and enterprising men and women and taking them through the concepts of ideating, pivoting, networking, market research and customer interactions by the best in the business and create a business and social enterprise of their own. 1M1B has also launched this initiative in the Caribbean region and USA.
On this occasion Mr. Manav Subodh said “Our vision is a world where we come together to activate youth and women to be leaders in taking charge of their own destiny, thereby gaining economic independence, creating jobs and solving problems at a community level”
In the pilot round of the flagship program of 1M1B, Change the World Internship, saw 75% women participation and emergence of 5 promising enterprises which aim to provide and/or facilitate a source of livelihood to women in rural India. In its first leg, the program received over 300 applications from Bangalore, New Delhi and Salem in India against call for applications. A total of 17 participants were selected as finalists who had culminated in the final eight teams. After three months of internship and project implementation, the teams will be presenting during the summit their work and the socio-economic impact that they hope to drive through their initiatives. The top 2 teams from India will join their counterparts from the Caribbean and USA to showcase their enterprise on 16 October at the United Nations (UN) headquarters in New York City, on the eve of the United Nations International day for the eradication of poverty (IDEP)