Announcement
March 9, 2020

Mercatus Center Announces the Launch of Emergent Ventures India

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Arlington, VA—The Mercatus Center at George Mason University is pleased to announce a new vertical of Emergent Ventures (EV) for entrepreneurs focusing on “moonshot” projects related to India.  This new tranche of grants is available to entrepreneurs and academics in India and around the world working on India-related projects.

EV began in 2018 as an incubator fellowship and grant program for social entrepreneurs with highly scalable ideas for meaningfully improving society. Since its launch, the program has received a number of excellent applications related to India, including an application from Dr. Shruti Rajagopalan. Dr. Rajagopalan joined Mercatus in the fall of 2019 as a senior research fellow studying Indian political economy and economic development. As part of her project, Dr. Rajagopalan will work with EV founder Dr. Tyler Cowen to evaluate applications for EV India. 

“We wanted to focus some of EV’s resources specifically on India because the country has incredible talent but too few opportunities,” said Dr. Rajagopalan. “India has not been successful in identifying and nurturing young talent, especially outside of traditional education models. With EV India, we hope to provide an opportunity for social entrepreneurs chasing moonshots, usually ignored by the traditional models of funding and philanthropy.”

Unlike traditional institutional philanthropy, EV operates with a bias toward small grants. In addition to financial support, recipients will have access to investor, mentor, and co-creator networks in the George Mason community and around the world.

Applications for EV India are now open at mercatus.org/emergentventures. Click the “Apply Now” button and select India from the “My Project Will Affect” drop-down menu.

For media inquiries, please contact Kate De Lanoy at 703-993-9677 or kdelanoy@mercatus.gmu.edu.