Education Times (National)
April 14, 2003

Wadhwani Foundation, a not-for-profit organization, established to accelerate entrepreneurship in emerging economies, has launched the National Entrepreneurship Network (NEN), a network of entrepreneurial development centers, located within leading academic institutions in India. The foundation sees entrepreneurs as critical drivers of economic growth. Wadhwani Foundation is hosting a nationwide competition to select the five affiliates for NEN, from among the leading academic institutions in the country. These will be selected through a transparent multi-stage process, culminating in the selection of five winners from fifteen short-listed finalists by a panel of renowned international judges. The winners of the competition will receive non-financial support and funding in the range of $10,000 to $50,000, the amount depending on the level and scale of their proposed activities. The funding is intended to support the development of a plan for a full-scale entrepreneurial development center in following years, and some current entrepreneurial development activities.