National Media Coverage

World Bank launches 2013 India Development Marketplace online links, 25 January, 2013

The Economic Times
The World Bank today announced the launch of 2013 India Development Marketplace and pledged $1 million in grants to be awarded to 15-20 social enterprises for their development solutions. The programme is limited to MP, Jharkhand and Chhattisgarh, the bank said in a statement here.

“The programme is a unique platform for innovative social enterprises to scale up development solutions in low income states,” World Bank Country Director in India Onno Ruhl said.

http://economictimes.indiatimes.com/news/economy/finance/world-bank-pledges-grants-for-social-enterprises/articleshow/18185807.cms

PTI
The World Bank today announced the launch of 2013 India Development Marketplace and pledged $1 million in grants to be awarded to 15-20 social enterprises for their development solutions.

The programme is limited to MP, Jharkhand and Chhattisgarh, the bank said in a statement here. “The programme is a unique platform for innovative social enterprises to scale up development solutions in low income states,” World Bank Country Director in India Onno Ruhl said.

http://www.ptinews.com/news/3330672_World-Bank-pledges-grants-for-social-enterprises-

moneycontrol.com
The World Bank today announced the launch of 2013 India Development Marketplace and pledged $1 million in grants to be awarded to 15-20 social enterprises for their development solutions.

The programme is limited to MP, Jharkhand and Chhattisgarh, the bank said in a statement here. “The programme is a unique platform for innovative social enterprises to scale up development solutions in low income states,” World Bank Country Director in India Onno Ruhl said.

http://www.moneycontrol.com/news/wire-news/world-bank-pledges-grants-for-social-enterprises_813511.html

Ibnlive.com
The World Bank today announced the launch of 2013 India Development Marketplace and pledged $1 million in grants to be awarded to 15-20 social enterprises for their development solutions.

The programme is limited to MP, Jharkhand and Chhattisgarh, the bank said in a statement here. “The programme is a unique platform for innovative social enterprises to scale up development solutions in low income states,” World Bank Country Director in India Onno Ruhl said.

http://ibnlive.in.com/generalnewsfeed/news/world-bank-pledges-grants-for-social-enterprises/1172428.html

zeenews.com
The World Bank today announced the launch of 2013 India Development Marketplace and pledged $1 million in grants to be awarded to 15-20 social enterprises for their development solutions.

The programme is limited to MP, Jharkhand and Chhattisgarh, the bank said in a statement here. “The programme is a unique platform for innovative social enterprises to scale up development solutions in low income states,” World Bank Country Director in India Onno Ruhl said.

http://zeenews.india.com/business/news/economy/world-bank-pledges-grants-for-social-enterprises_68850.html

msn.com
The World Bank today announced the launch of 2013 India Development Marketplace and pledged $1 million in grants to be awarded to 15-20 social enterprises for their development solutions. The programme is limited to MP, Jharkhand and Chhattisgarh, the bank said in a statement here.

“The programme is a unique platform for innovative social enterprises to scale up development solutions in low income states,” World Bank Country Director in India Onno Ruhl said.

http://news.in.msn.com/business/article.aspx?cp-documentid=252082302

Rediff.com
The World Bank today announced the launch of 2013 India Development Marketplace and pledged $1 million in grants to be awarded to 15-20 social enterprises for their development solutions.

The programme is limited to MP, Jharkhand and Chhattisgarh, the bank said in a statement here. “The programme is a unique platform for innovative social enterprises to scale up development solutions in low income states,” World Bank Country Director in India Onno Ruhl said.

http://www.rediff.com/tags/world-bank-development-marketplace-award

Indiainfoline.com
In keeping with the government of India’s focus on inclusive growth, the 2013 India Development Marketplace Program is targeted within the states of Madhya Pradesh, Jharkhand and Chhattisgarh.

The World Bank Group announced the launch of 2013 India Development Marketplace and pledged USD $1 mn in grants to be awarded on a competitive basis to social enterprises for their development solutions.

http://www.indiainfoline.com/Markets/News/World-Bank-Group-launches-2013-India-Development-Marketplace/5594664922

WebIndia.com
The World Bank Group today announced the launch of 2013 India Development Marketplace and pledged one million USD grants on a competitive basis to several enterprises for their development solutions, official sources here today said. They said Development Marketplace, supported by the World Bank, was a competitive grant-based programme and focussed on non-profit and for-profit business models providing innovative solutions to the most pressing social and economic problems of the poor and underserved communities.

http://news.webindia123.com/news/Articles/India/20130125/2144203.html

Indiacsr.com
The World Bank today announced the launch of 2013 India Development Marketplace and pledged $1 million in grants to be awarded to 15-20 social enterprises for their development solutions.

The programme is limited to MP, Jharkhand and Chhattisgarh, the bank said in a statement here. “The programme is a unique platform for innovative social enterprises to scale up development solutions in low income states,” World Bank Country Director in India Onno Ruhl said.

http://www.indiacsr.in/en/?p=9568

dailyindianews.com
The World Bank today announced the launch of 2013 India Development Marketplace and pledged $1 million in grants to be awarded to 15-20 social enterprises for their development solutions. The programme is limited to MP, Jharkhand and Chhattisgarh, the bank said in a statement here. “The programme is a unique platform for innovative social enterprises to scale up development solutions in low income states,” World Bank Country Director in India Onno Ruhl said.

http://www.dailyindianews.com/news/world-bank-pledges-grants-for-social-enterprises

Mint National Jan 26 – World Bank pledges $1 million in grants

Mint-National-Jan 26-World Bank pledges $1 million in grants

New Indian Express – Bangalore Jan 26 – WB OFFERS $1 MN FOR 2013 IDM

NewIndianExpress-Bangalore-Jan26-WB OFFERS $1 MN FOR 2013 IDM

Case Studies

Rangsutra

Envisaged as a bridge between artisans and consumers, Rangsutra works with small producer groups based in remote villages and towns in around 9 locations across the Indian states of Rajasthan, Uttaranchal and Assam. It strengthens economic security in vulnerable communities by empowering members to create top quality hand made products which are then sourced and marketed to urban consumers through leading retailers.

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  • Quote Rotator

    In the last 3 years we have trained and placed 10,000 people [in jobs]. In this World Bank sponsored project we are trying to train and place 10,000 people in Bihar alone.
    Nishant Saxena, CEO Elements Akademia Pvt. Ltd.
    We feel honoured, we are a young enterprise and being recognized by an institution like World Bank is a great feeling. We are pretty enthused to move ahead in a comparatively faster manner...we are looking forward to the coming 24 months when we are going to get various kind of inputs.
    Devendra Shukla, Chief Operating Officer, Educate Girls
    Through DM we have proposed to scale it up to different areas covering another 44,000 households where we can monitor the social security scheme. I am definitely thrilled and excited because this money will [make] us think in a different way, to upgrade our technology, our HR and streamlining our processes from a certain level to a different level. We need to build our capacity through DM.
    Mansingh Durga Prasad Nayak, Programme Director, (WOSCA)
    As far as scale is concerned, we have understood that a lot of capacity building is required for that. Resourcing and networking [with] other agencies is also important.
    Prabitra Mishra, Programme Director, Adhikar
    DM is the beginning...it definitely feels good. It has taken a lot of thought process as to how we take reliable lighting sources to Bihar...Winning DM matters a lot...the financial support will help us to build infrastructure, develop capacity of people to implement the program [of providing quality lighting to the poor] properly in Bihar.
    Prasanta Biswal, Sr. Manager – Mission Projects, Selco Solar Lights (P) Ltd.
    Basically a start-up needs to use the grant for the costs of capacity building of community, mobilization etc. Then there is the technical, research and development cost for doing the innovation part. The third necessity is providing the market linkage to the producer groups. These are the 3 core things that social entrepreneurs [look for] and for these, funds are not available. This will be the greatest benefit of the DM.
    Ravi Chandra, Managing Trustee, Bihar Development Trust
    We are looking at this money more as in investment in infrastructure development as well as human resource development. We believe that the results of this will be seen very soon.
    Sumita Ghose, Managing Director, Rangsutra Crafts India Ltd.

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