Svetha Janumpalli
About Svetha Janumpalli
Svetha Janumpalli is the founder and CEO of New Incentives, recognized for her innovative approach in conditional cash transfers and her notable achievements including being named a Forbes '30 Under 30' Social Entrepreneur.
Founder and CEO of New Incentives
Svetha Janumpalli is the Founder and CEO of New Incentives. New Incentives was created following her inspiration from evidence on the effectiveness of conditional cash transfers during her research with the Center for Effective Global Action. Under her leadership, New Incentives has attracted significant funding and recognition within global philanthropic circles.
Educational and Research Background
Svetha Janumpalli's interest in conditional cash transfers was sparked while doing research at the Center for Effective Global Action. Her academic and research background provided a foundation for her later work in launching and managing New Incentives. This research-driven approach continues to guide the organization's strategy and operations.
Significant Funding and Grants
Under Svetha Janumpalli's leadership, New Incentives has secured seed funding from Unorthodox Philanthropy. The organization has also received a GiveWell Incubation Grant and a Grand Challenges Explorations Grant from the Bill & Melinda Gates Foundation. These financial contributions have played a crucial role in the growth and reach of the organization.
Participation in Global Initiatives
Svetha Janumpalli presented a pilot program at the 2012 Clinton Global Initiative Annual Meeting where she was highlighted for her work. Additionally, she participated in negotiations on the UN’s Sustainable Development Goals and worked on strategic communications at the United Nations Department of Political Affairs in New York. Her active engagement in these global initiatives reflects a commitment to addressing global challenges.
Recognitions and Awards
Svetha Janumpalli was named a Forbes '30 Under 30' Social Entrepreneur in 2012, solidifying her status as a notable young leader in social entrepreneurship. She also won the Women Deliver Social Enterprise Challenge in 2013. These accolades underscore her impactful work and leadership within the social enterprise space.