The Indian School of Business (ISB) and Shakti Sustainable Energy Foundation have joined hands to launch the Clean Energy Lab, a uniquely designed incubation programme to support early-stage non-profits working on creating policy impacts in clean energy.
Supported by DLabs, the incubation and acceleration arm of ISB, the Clean Energy Lab invites entries from non-profits working in the areas of renewable energy, climate change and energy efficiency. The Lab aims to identify individuals and thinkers with big, audacious ideas to create research-based policy impact in India and build their concepts into scalable institutions.
Talking about the need and importance of such an initiative, Professor Rajendra Srivastava, Dean, ISB, said, “ Clean energy is the need of the future and India is already making a mark globally for its initiatives in this space. The government has drawn up an ambitious agenda to become self-reliant in generating renewable energy by 2022. Against this backdrop, research focused non-profits can play an important role in influencing policy and pushing India towards a cleaner environment in the years to come. Through the Clean Energy Lab, ISB is excited to partner with Shakti Foundation to support non-profits who are seeking to create large-scale policy impact in building and scaling their ideas and contribute to the larger goal of nation-building.”
Support system
The Lab will identify and incubate five exceptional ideas to create policy action on clean energy.The selected participants will have access to the following facilities:
- Support of up to ₹4.8 lakh
- Dedicated mentorship by an expert panel consisting of energy and non-profit experts
- Access to infrastructure at the ISB campuses
- Strategic advisory support and access to networks
- Impact measurement support to determine milestones and assess growth
- Access to organisational development services
Sharing his views on the rationale for developing the lab, Krishan Dhawan, CEO, Shakti Foundation, said, “One of Shakti’s roles as the only foundation focused on India’s clean energy sector is to build and strengthen the capacity of civil society in order to participate more effectively in policy dialogue and action. Platforms like the Clean Energy Lab are an important part of the solution. Given India’s increasing energy demand and urgent development priorities, outcomes from the Lab can make a very important contribution.”
Who can apply?
Early stage non-profits including NGOs, community based organisations, think tanks, foundations, research institutions working in this space and individuals with potential ideas are eligible to apply. The last date to apply is November 15.