n11t: A Continuation From TheraTunes
Nirvaan Pandit: I was inspired by the incredible people. I met in the villages we launched TheraTunes in and I wanted to build a new economic model for communal growth. n11t (inspired by the naming technique used by popular, Silicon Valley venture firm a16z) provides micro-grants to incredible rural entrepreneurs.
In my research, I explored the use of micro-investments (small investments of less than USD 50 in entrepreneurial projects) as aid. I discussed the potential of setting public policy that uses entrepreneurship to move communities out of poverty. Finally, I compared our approach to the more traditional forms of welfare, and discuss the pros and cons of my approach. My research was published in an international conference. You can read the paper here.