Instead of living in Utopia, this foundation does what needs to be done at grass root levels, promotes innovation at every facet of life and finds value for it. The NIF was set up by the Government of India four years ago to help these unsung heroes find a platform to showcase their knowledge. Supported by the Honey Bee Networks, the Indian Institute of Management, Ahmedabad, Shristi and various local NGOs, the foundation helps Indian innovation by identifying, documenting and protecting the intellectual property rights of the grass root level innovations. The NIF has selected 13,000 grassroots innovations based on traditional knowledge for commercialization.
Also Organizes various events like the Annual Business Competition "Disha" - http://disha.scai.org.in/ with support from IIMA to promote the cause.