Eligibility/ Selection Criteria
- Social Impact – providing low income communities with greater access to goods/services, and/or income generation opportunities.
- Sustainability – enterprises need to have been operational for at least two years and demonstrate they are on a pathway to organizational and financial self- sufficiency.
- Growth Potential – proposals should exhibit potential for being replicable/ scalable and be of potential interest to social investors and/or mainstream venture investors and financial institutions.
- Innovation – the extent to which the organization and project have innovative and inclusive approaches to lowering costs and enhancing affordability.
Registered not-for-profit and for-profit organizations implementing an inclusive business model are eligible. Women run organizations are strongly encouraged to apply.
Models should be operational for at least 2 years in Bihar, Rajasthan or Orissa and be able to demonstrate a track record of successful project implementation.
Models operational for 2 years in any other State – and proposing to replicate or scale it in Bihar, Rajasthan or Orissa are also invited to apply. These organizations must also demonstrate a track record of successful project implementation.
Individuals are not eligible to apply for this competition.
Projects with the primary output of research or knowledge, such as publications or conference, formal education or scholarships are not eligible for this competition.