Crisis: Only 20% of senior roles are held by women in India (Source: Grant Thornton Report, 2019); 41% of the Indian businesses surveyed have no women in leadership roles (Source: ET Online| Updated: Mar 25, 2019).
Program: Katalyst, an Initiative of Third Sector Partner, was started with the intent of liberating women from low income communities, through the pursuit of professional education. The initiative definitively prepares meritorious young women for leadership roles, thereby creating a wider talent pool for India Inc. and helping bridge the gender divide.
Salient Features: 1) Four-year program; 2) 600 hour proprietary and scientifically researched curriculum; 3) One-to-one mentoring; 4) Financial support; 5) Assistance with internships; 6) Industry exposure and corporate interactions; 7) Access to best in class technology; 8) Health insurance cover for the student and her mother.
Outcome: Katalyst has impacted 1,150 students and currently, 650 girls are enrolled. 500+ alumni occupy senior positions in prestigious MNCs and large Indian companies, both in India and abroad, as well as the Civil and Administrative Services. Batch of 2019 graduates earning an average salary of ₹6 lakh p.a. as against average annual family income of ₹1 lakh.
Income Rs3 cr
Expense Rs4 cr
Source : Audit Report 2019
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