Social Alpha
Social Alpha is a venture philanthropy platform that supports social entrepreneurs under the legal entity of Foundation for Innovation and Social Entrepreneurship (FISE). Social Alpha was founded in 2016. Social Alpha has developed and operates a unique venture investing model to drive inclusive economic growth, health, and climate action with innovations and entrepreneurship as the key drivers to sustainable social development. It mobilizes multiple incubators, accelerators, and funds to support start-up founders who also care for social causes around livelihoods, health and environment. History. In April 2016, Social Alpha was founded by Manoj Kumar to address the  social sector challenges of market failure, mission drift, suboptimal scale, and business sustainability faced by entrepreneurs. Activities. With its goal to promote innovation and entrepreneurship, aggregate philanthropic capital, and create an effective mechanism for allocating resources to social entrepreneurs across India for the development sector, Social Alpha focuses its activities around: Social Alpha runs Grand Challenges, builds innovation platforms, manages accelerators, nurtures several start-ups, has joint ventures, and ecosystem partners.