Sankalp
Forum extends the Closing Date for Nominations for ‘Sankalp Awards 2014’
Awards call
nominations from early-stage businesses in 7 categories. Last date Nov 27
Initial data
reveals that 80% of applicants are first-generation entrepreneurs out of which
30% are under the age of 30.
November 22,
2013: Sankalp Forum, an Intellecap initiative, today announced the extension
of the deadline for filing nominations for Sankalp Forum Awards 2014 -
India's leading social enterprise recognition platform. The last date for
filing for the awards earlier was November 20, 2013. It has been now extended
till November 27, 2013. Sankalp Awards are inviting applications from
early-stage businesses in 7 high-impact categories: Agriculture, Food &
Livelihoods Clean Energy / Technology Education and Vocational Training
Financial Inclusion Health, Water & Sanitation Technology for Development
Women Empowerment.
The initial
analysis of the data has revealed that about 80% of applicants are first
generation entrepreneurs out of which 30% of entrepreneurs are under the age of
30 years. Furthermore, 10% entrepreneurs targeting the BoP population are based
outside of India.
“It's
exciting to see that social entrepreneurs are quietly defining new paradigms in
their own right. We hear that India is not a Silicon Valley for first
generation entrepreneurs but you only have to see our numbers to know that's
not the case here. Over 80% of our applicant pool this year fits this bill. And
a third of them are under 30,” said Aparajita
Agrawal, Director – Sankalp Forum.
“We are also taking a more targeted approach to driving gender equity in
business. We tested the waters with this last year, and our winner, Namita
Banka of Banka Bio Loo went on to win several other awards across the world,”
she added.
Instituted
to discover and bring to the spotlight leading social innovations for wide
scale impact, the Sankalp Social Enterprise Awards are also designed create a
holistic nurturing environment for early-stage businesses and address key
issues faced by entrepreneurs. Furthermore, with its expansion to Africa, the
Forum opens up knowledge corridors and business opportunities for Indian
entrepreneurs there.
Also
on offer for enterprises are strategic mentoring, access to sector knowledge,
media visibility and above all, the opportunity to fundraise. The Sankalp
Finalists will also have the opportunity to present to a global audience of
donors, investors, foundations & enablers at the world's largest social
enterprise event, the Sankalp Unconvention Summit 2014.
About Intellecap
Intellecap
is a pioneer in providing innovative business solutions that help build and
scale profitable and sustainable enterprises dedicated to social and
environmental change. Intellecap provides a broad range of Investment Banking,
Consulting and Knowledge Services to clients around the world.
Our unique
positioning at the intersection of social and commercial business sectors
allows us to attract and nurture intellectual capital that combines the
business training of the commercial world with the passion and commitment of
the social world to shape distinctive solutions. Founded in 2002, we have
worked with more than 60 clients on over 250 engagements across 15 countries.
About Sankalp Forum
Sankalp
Forum, an Intellecap initiative, recognizes & supports innovative,
sustainable, high impact social enterprises. It builds an enabling ecosystem
for early-stage businesses, channels impact investments, and engages over
11,000 stakeholders globally through collaborative year-round initiatives. It
mobilizes a community of entrepreneurs, investors, enablers and policy-makers
to encourage innovation, facilitate scalability, and drive consensus on matters
that aid social enterprise development.
Sankalp’s
Annual Summit is the largest social enterprise focused gathering in the world,
and in 2013 it partnered with Unconvention to become the Sankalp Unconvention
Summit. The Summit brings together more than 1,000 delegates, thought leaders,
industry experts, policy makers from around the world to voice, discuss, debate
issues, trends and solutions that aid social enterprise development.
Sankalp
Awards have sourced over 450 sustainable enterprises, enabled 200 mentoring
connections and facilitated over USD 120Mn of equity investments into more than
30 enterprises. Vetted through a rigorous 3-month process by a panel of global
investors, the Awards bring recognition to the most sustainable and scalable
social enterprises that are doing business across India.
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