Indian Corporate Action Tank

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.

Corporate Action Tank, India is an exciting idea, it is the beginning of an entirely new business ecosystem. Personal-profit-centric businesses can create social businesses to solve human problems — that is the message of this initiative . A group of top Indian corporates are joining hands not to discuss about the necessity of getting businesses to pay attention to the social problems around them, but to roll up their sleeves for getting busy with the actual problem-solving through social business methodology. This is a historical momemt for India, and also for the whole world. i wish a big success for the Action Tank India.

Prof. Muhammad Yunus, Co-founder Yunus Social Business

Benefits for corporates creating social Businesses are:

Nurturing product innovation

Unleash employee creativity

Foray into untapped markets

Enhance employer branding

Reap reputational benefits

The Grameen Danone joint venture has been a breath of fresh air for the company. The employees, the customer, the innovation- it has completely changed the corporate culture. Its incredible
Grameen Danone has been the best R&D lab ever!

Emmanuel Faber, CEO, Group Danone

What is a corporate social business?

Companies can leverage core skills to address society problems in a financially sustainable way

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The first corporate action tank

12 leading corporates, leading NGOs and The French Government creating collaborative social business to address problems in France

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Corporate Action Tank – Brazil

5 leading corporates working with Corporate Action Tank to create social businesses

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