Social Innovation Fund – Asia

In 2020, Octava Foundation extended its vision and impact to include the Asia region. The Octava Social Innovation Fund is an index initiative under this mandate, focusing on supporting social innovation within the foundation’s two key domains:

Education and Student Finance

Addressing the Disadvantage Gap in Education as aligned to the UN Sustainable Development Goal for Education (SDG4) – ‘ensure inclusive and equitable quality education and promote lifelong learning for all’

Current Projects

Octava Social Innovation Challenge – Tech4ED Series

Tech4ED CHALLENGE

 

Solve is an initiative of the Massachusetts Institute of Technology (MIT) with a mission to solve world challenges. Solve is a marketplace for social impact innovation. Through open innovation Challenges, Solve finds incredible tech-based social entrepreneurs all around the world. Solve then brings together MIT’s innovation ecosystem and a community of Members to fund and support these entrepreneurs to help them drive lasting, transformational impact.

 

To find out more about Solve, please click here.

Vietnam – The OneSky Approach For Children of Migrants

Vietnam – The OneSky Approach For Children of Migrants

 

For most low-salaried working parents in Vietnam, the best option for childcare has long been home-based daycare providers. Often overcrowded, under-resourced, with poor facilities and little training – horror-stories regularly appear in the Vietnamese media.

 

OneSky aims to improve quality of care and educational outcomes for the young children of factory workers in Vietnam’s industrial zones. They operate a Early Learning Center located in Da Nang’s Hoa Khanh Industrial Park, providing early learning programs for children as well as parenting skills and early child development, responsive care and nurture training for adults.

 

The ELC currently serves 250 children a year with 55 teachers and 6 trainers managed by a local team. In addition to providing direct service, the center functions as a base for daycare provider training, parenting skills training, and the development of an e-learning platform dedicated to supporting the professional development of child care givers throughout the country.

 

Octava Foundation in partnership with Lorinet Foundation is supporting OneSky to pilot Home Based Care providers’ training, parenting classes, and online learning platform over the next 3 years to ensure that the curriculum, training methods and program structure are all perfected for optimum benefit of child outcomes and ease of replication.

 

80 home-based daycare providers in Da Nang had completed the OneSky 20-week training program by early 2019, reaching a total of 2,595 children and another 240 home based daycare providers are scheduled to complete the program by 2020.

 

Based on the success of the ELC and Da Nang training program, the Vietnamese government has requested OneSky to scale the training to Vietnam’s burgeoning industrial zones in 4 additional priority provinces over the next 3 years.

 

To find out more about OneSky, please click here.

Vision Unlimited

Vision Unlimited

 

Vision Unlimited provides access to learning and enrichment support for out-of-school children in Gurgram, India integrating the children into school system and providing after school learning support to ensure children continue to attend and attain at school.

Supporting solutions that ensure finance is accessible, affordable and available for students to complete their tertiary education.

Current Projects

Wedu

Wedu

 

Wedu is a Leadership Development program with access to student finance for young women leaders from across Asia

 

To find out more about Wedu, please click here.

VietSeeds Foundation

VietSeeds Foundation

 

VietSeeds is a non-profit organization committed to bringing equal access to college education for ALL students in Vietnam, regardless of socio-economics, geography, or background. They call themselves VietSeeds because their graduates are the seeds who are breaking the cycle of poverty within their own families to change their lives, serving their communities, providing a new generation of employees and leaders from diverse backgrounds, and accelerating positive change.

 

VietSeeds invests in high potential, underprivileged students who have demonstrated a deep commitment to education and strength of character in overcoming tremendous odds of poverty, hardship and neglect. They help each student realize his or her full potential by providing the scholarships, training and mentoring they need to succeed throughout their college years and beyond.

 

Octava Foundation has sponsored scholarships for 5 students with Vietseeds, and has supported a number of Vietseeds scholars with emergency grants as they faced financial difficulties during the Covid pandemic.

 

For more information about Vietseeds, please click on this link.