The Indian Corporate Action Tank (ICAT) is India’s first incubator for large corporates to create in-house social businesses, that leverage their core capabilities to solve social problems through a sustainable, business format. Corporate social businesses are not only a powerful tool for sustainable social impact but are also an R&D lab for innovative new business models in a future where social and business are going to be inextricably linked.
The ICAT is an action oriented one year programme that will take a cohort of 6-8 companies through a structured process to ideate and design a social business model to be implemented in-house. It will be delivered through practitioner led training and immersions tapping into the on-ground knowledge of creating social businesses of its creators, Yunus Social Business and the Tata Trusts. It will also leverage the vast network of social businesses, NGOs, international organizations and experts to provide customised partnership facilitation to each social business idea.