PRESS RELEASE
YES FOUNDATION announces INR 7.5 Crore Grant and Accelerator support for NGOs and Social Enterprises
YES FOUNDATION, the social development arm of YES BANK, will launch the 5th edition of YES! I am the CHANGE (YIAC), a nationwide mindset transformation program to inculcate the spirit of responsible youth citizenship and drive positive social action through the impactful medium of films. YES FOUNDATION will provide Youth, NGOs/Social Enterprises with a platform to use films as a storytelling medium to drive social impact. The Foundation invites Youth/ Filmmakers/ NGOs/Social Enterprises to participate in the YIAC Social Filmmaking Challenge, to depict stories of change in a 3-minute film Through this process, the Foundation hopes to identify 25 deserving NGOs/ Social Enterprises who operate in areas of Climate Change/ Natural Capital, Livelihood Generation, Gender equality etc. YES Foundation would support these NGOs with Grant of INR 7.5 Cr, towards scale up & capacity building. The grantee organizations will also receive 3-year mentoring to ensure onground tangible social impact. Additionally, to encourage mainstreaming of India’s youth in social development aspects, YIAC has lined up awards, and all-expenses paid scholarships to acclaimed documentary film festivals such as IDFA (Amsterdam), Docedge Kolkata. As part of the Open Challenge (Youth/ Individuals/ Filmmakers), the top 20 winning film entries will be eligible for the same. The program will also identify Everyday Heroes, discovered through YES! i am the CHANGE film entries, to be felicitated across 1000 locations across India for their exceptional attitude towards community service. Commenting on the launch, Rana Kapoor, Chief Mentor & Co-Chairman, YES FOUNDATION and Managing Director & CEO, YES BANK said, “YES FOUNDATION follows a differentiated approach innovatively harnessing media to channel high octane energy and stimulate entrepreneurship for an empowered and equitable India. This year, through YES! i am the CHANGE, we will continue to inspire individuals and nurture development sector organisations, enhancing their contribution to nation building.”