🎉 Announcing August winners of the Gaur & Chopra Escape Velocity Grants where we give a no-strings-attached grant of Rs 50k to ambitious people under 25 for whom this money can change their life.
We have 7 winners this time.
Their names and profiles are below 👇
1/ Saikat cleared his CBSE 10th Board in 2021 with 98.6%, AIR 8. Due to pandemic, his studies have been impacted because of lack of a laptop.
He will be using the grant to purchase a laptop to continue his online classes and resume his preparation for JEE.
2/ 🏅 Vijay Kataria is currently running a Sports For Development project named Pahadi Khiladi in the district of Champawat, Uttarakhand.
He would be using the funds to purchase equipment for their program and hopefully create many new sportspeople from the region.
3/ 💻 Riten Debnath (@ritendn) is running a bootstrapped startup for multi-skilled aka generalist to capitalize their proof of work.
Proof of work will help build personal brand & opportunities in our career and life. He'd using the funds to continue working on this startup.
4/ 🎨 Rupesh Sharma runs An Art Amity - A3 (IG: an_art_amity).
Recently he started a project to teach art to more than 5000 underprivileged kids while traveling 25 states pan India. With the grant, Rupesh will start an art school for around 80 children in Boisar, Maharashtra.
5/ 👨⚖️ Sanyam Mishra who would be spending the grant on his lifelong dream of becoming a Judge
He has been on 100% scholarship for his law studies.
He needed funds to focus on legal coaching, books and other related expenses.
6/ 👩🎓 Rinku Kumari is a student of women's studies and after having lost her father, was unable to finish her PhD dissertation.
She is researching about Dalit art Godhna Mithila paintings. With the grant, she will be able to travel and stay in the research area.
7/ 📚 Ritu Paul has started a library in her village for which she needs books and storage racks and almirahs.
With the grant, she will be equipping the library with computer books and books for girls who had to drop out of school.
8/ Even though I and @sia_steel only sponsor 2 grants in a month, we're able to help 7 applicants this time because of co-sponsors like @augfrank, @AartiSreenivas and other anonymous donors.
Thank you folks ☝️
If you're interested in sponsoring a Rs 50k grant next month, DM me.
9/ Also, if you're under 25 and think Rs 50k can change your life, apply to the grant here.
Going through applications for our monthly grants to young people, noticed that the answer to "how will Rs 50k change your life" falls into following categories:
- Pay their course fee
- Buy a laptop
- Fund their NGO
- Start a small business
It hurts to see so many students struggling to pay their course fees because their parents can't afford it.
It's a failure of our nation that highly determined kids have to worry about how they'll pay for their college.
But, at the same time, it also hurts to see how much emphasis our society places on traditional college education.
With so many resources available on the Internet, high-quality self-education can effectively be done for free.
It’s such a deep mystery why do fundamental entities of the universe (particles, fields, molecules) behave in a way that can be captured into neat little mathematical formulas.
This mystery *strongly* suggests the following..
1/ That if these entities behaved unpredictably, we wouldn’t have existed.
Composite systems like us who can ask questions like these can only be built on fundamental units whose behaviour is simple.
2/ That there may be universes where fundamental entities have unpredictable behaviour which can’t be captured by any formula.
Such universes possibly exist, but no being exists within them that can ask complex questions like this one.
1/ As an entrepreneur, you worry about customers all the time.
Focusing on customers is obviously important but customers will never ask you to introduce switching costs, which are precisely what you should do in order to continue making profits.