● Two teams from NMIMS Mukesh Patel School of Technology Management & Engineering received seed funding at The Resolution Project Social Venture Challenge for their social ventures
● The Fellowship also provides access to mentoring by well-known personalities, including Harvard alumni
● 7 teams from MPSTME have received Fellowships in a span of 4 years
Mumbai, 7th April, 2021: After intense competition, two teams from SVKM’s NMIMS’ Mukesh Patel School of Technology Management and Engineering (MPSTME), one of India’s leading educational institutions with a 40-year legacy of academic excellence, were granted Resolution Fellowships by the Social Venture Challenge (SVC), at the Harvard World Model United Nations 2021, held in Tokyo. Their performance continues MPSTME’s successful run at the Harvard WorldMUN, with seven teams securing the fellowship in the past four years. Under the fellowship program, the teams received a total funding of USD 8,150 (approx. INR 5,90,000), which will be increased further when the teams achieve their targets. In addition, the students will be mentored by well-known personalities, including Harvard alumni, in their ventures.
With an emphasis on learning disabilities, Project Alphabet was founded by Ishita Gupta and Aneesh Kulkarni, to increase awareness about special education, through a platform that would bring together special educators and children in need of their services. The platform has received seed funding of USD 3,650. AnalytIQ, which was founded by Naman Doshi and Dhvani Agrawal, focused on financial education for youth, through an innovative visual and practical approach devised by experts that makes the process easy to understand and remember. AnalytIQ, the other fellowship awardee at the Social Venture Challenge, has received USD 4,500 in seed funding.
Working under the guidance of Dr. Nikhil Gala, Chairman, Corporate Relations & Placements, MPSTME, the students showcased their exemplary skills and innovative ideas through well-designed projects that were aimed to spread awareness about socially-relevant fields. To secure the grant, the teams had to meet three challenges as set under the SVC - identifying a problem, conceiving a solution, and implementing it. They had to design and present detailed proposals on how their enterprises would address the specific problems.
Commenting on the teams’ performance, Dr. Nikhil Gala said, “Securing the Resolution Fellowship is an impressive achievement by our students, and a testament to their hard work and innovative spirit. This fellowship will give them an invaluable opportunity to work with some of the brightest minds in the field of social entrepreneurship. There can be no better learning ground than the experience of designing, implementing, and running their own enterprises. At MPSTME, we have always encouraged our students to think independently and adopt a creative approach when confronted with any problem. I am confident that our illustrious students will go on to demonstrate exemplary results in this field.”
Ms. Devarshi Rupani, President MUN Society said, “While preparing for the SVC, we knew that we would be competing against some of the sharpest students from around the world. Under Dr. Gala’s guidance, we discussed the issues which were closest to us and how we could best approach the solutions. We had to think out of the box as the Resolution Fellowship is only awarded to those who show outstanding initiative and enterprise. Securing the grant was a proud moment for us. We cannot wait to begin!”
SVC is a multi-step competition for the Resolution Fellowship, a mentoring program for aspiring young social entrepreneurs, at Harvard WorldMUN. The fellowship includes seed funding, mentorship, and access to resources. Students selected for the fellowship also have the opportunity to network with a global community of like-minded peers.
MPSTME has a proud tradition of winning under different categories at Harvard WorldMUN competitions, starting with a Diplomacy Award at the 2012 Vancouver MUN, followed by other Diplomacy Awards at 2015 Seoul MUN and 2017 Montreal MUN. The school’s performance at the SVC has been even more impressive, with similar wins at 2013 Melbourne MUN, 2016 Rome MUN, 2019 Madrid MUN, and 2020 Tokyo MUN.
About SVKM’s NMIMS University:
Established in 1981, NMIMS is today recognized as a globally reputed university with strong industry linkages. It offers multiple disciplines across 8 campuses that consist of 17 specialized schools, more than 17000 students, and about 750 full-time faculty members, 10 faculty members with Fulbright Scholarship and Humboldt International Scholarship for post-doctoral researchers. It is known for its consistent academic quality and research-focused approach towards holistic education. SVKM’s NMIMS has been granted Category-I Deemed University status by Graded Autonomy Regulation 2018 by MHRD/UGC and NMIMS Mumbai Campus is NAAC accredited with a CGPA of 3.59.
· ABET Accreditation to 5 B.Tech. programs at Mumbai Campus
· MPSTME Ranked no.2 Best Emerging College in India by India Today Group-MDRA 2020
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