Sankalp Awards supports, honors, and brings together promising enterprises tackling some of the World's key development challenges. Rooted in an ethos to champion social change and transformation through the spirit of entrepreneurship, it is one of the most prestigious impact enterprise awards in the country.
Since 2009, Sankalp Awards has discovered and showcased more than 1600 social enterprises, disbursed over US $870,00+ in cash grants and facilitated more than USD $270 Million in equity investment.
Enterprises registered in the Global South (India, Bangladesh, Nepal, Indonesia, Vietnam, Cambodia, Myanmar)
In operation for 1 to 3 years
Driven to make social impact
Mitigating plastic pollution
Addressing challenges of water security
Addressing challenges of sustainable mobility
Ensuring food security in times of climate change
Enhancing digital financial inclusion
NEW CATEGORY IN PARTNERSHIP WITH TRANSFORM RURAL INDIA:
Additional benefits for winner in this category:
- An opportunity to pilot TRI operating geographies.
- TRIF will support incubation & provide support to entrepreneurs to start operations and stay in selected geographies
Budget 2019 placed specific incentives for expansion of rural industrialization/MSME using digital technologies for job creation and boosting rural manufacturing. This is not surprising given reported large-scale rural distress. Manufacturing has the highest multiplier effect of any industry. The last reported data highlighted 51.2% of total net value added in the manufacturing sector is from rural India.
Last decade has been marked with significant progress made on rural assets like roads, electricity, broadband connectivity and drop in income poverty. This, coupled with improved education, has led to an increase in aspirations of communities. Opportunity in rural manufacturing is further bolstered with new technologies allowing for quality standardization and smaller dispersed units producing client customized goods.
Distributed Manufacturing a form of decentralized manufacturing coordinated using information technology is the new disruptive force is radically transforming the way we make and deliver things. This is giving impetus to make things locally, reducing energy consumption and lower carbon footprints.
Together with Transform Rural India, Sankalp Awards is looking for innovations in decentralized rural manufacturing.
BENEFITS FOR FINALISTS:
Be part of an enterprise bootcamp that will help you build your capacity through mentorship services by industry experts on two key focus areas.
Capital Raising by Intellecap Investment Banking Team
Investor Pitch Training by India Documentary Foundation
At the Summit:
Pitch to an illustrious Grand Jury of Investors.
Showcase your idea and enterprise at the Sankalp Global Summit.
Connect with leading mainstream and impact-focused investment houses at an exclusive 'Meet the Finalists' mixer
Establish one on one connects with mentors, policy makers, corporates and key value chain players.
Gain visibility through a wide network of digital, print and electronic media.
Showcase your business to Intellecap & Sankalp's global ecosystem.
Mentorship from and access to wide network of global partners, incubators, accelerators, industry experts.
The form contains the following sections:
Finance and Funding
Sections on ‘Enterprise Pitch’, ‘Impact Information’ and ‘Finance and Funding’ require detailed descriptive answers to the following questions.
We strongly recommend you prepare your answers according to the questions below before starting your application. Please adhere to the character count specified for questions.
Describe your enterprise; and how are you providing an innovative solution to the challenge statement you have selected previously. (Maximum 800 characters. In this question, tell us about your vision and how you are providing a solutions to any one the challenges i.e. Mitigating plastic pollution; Addressing challenges of water security; Addressing challenges of sustainable mobility; Ensuring food security in times of climate change; Enhancing digital financial inclusion, as selected above.)
Describe the market you cater to. (Maximum 600 characters. Tell us about your market size, regional focus and its potential to scale.)
Tell us what makes your enterprise unique (Maximum 300 characters.)
Describe your scale up plan, along with the opportunities and risks associated with this plan ? (Maximum 1200 characters)
Founder and Team Profile (Maximum 600 characters. Tell us a little about yourselves: include founder and team education and experience separately.)
Financial Accomplishment detailing total income, total expenses, EBITDA, Profit after tax for the following FY years:2016-17,2017-18, 2018-19,(Amount in INR)
How much funding do you require right now, and for what purpose ? (Amount in INR)
Tell us about your client/user base. (Maximum 300 characters)