Program Mission Statement:
The NalaNET program is positioned to enable University-led research and development activities for American corporations that lead to innovations. Corporations use philanthropy to enable research, while Universities offer education and experience to future innovators. This program represents the true meaning of philanthrocapitalism.
Our nation’s greatest potential for innovation and growth comes out of our universities, colleges, and technical schools. Our nation’s most prolific users of American innovations are the corporations that drive our economy. The Franklin Foundation’s NalaNET program puts these two together in an innovative way through the concept of philanthrocapitalism.
Put simply; corporations leverage our NalaNET for their internal research and development initiatives while providing financial support to the Foundation leveraged for social good. This support is used to fund efforts around our four key areas of focus, or through scholarship and grant opportunities to help others gain access to the knowledge they need to become tomorrow’s innovators or innovative corporations. Partner Universities and technical schools receive grants to enable them to educate their STEM students better, and organizations gain access to a more diverse and prepared pool of talent.
Universities and Technical Schools
U.S. Owned Corporations
Community Non-Profit Organizations