India’s First Social Enterprise and Investment Forum: Sankalp 2009

Shital had written in last November about Sankalp 2009, a business plan competiton for Medium, Small and Micro Enterprises (MSMEs) organized by India Development Gateway, in partnership with Rural Innovations Network (RIN) and National Bank of Agriculture and Rural Development (NABARD).

Turns out the business plan competition has now developed into India’s first ever Social Enterprise and Investment Forum, with additional support from the Rockefeller Foundation. Continue reading

Social Entrepreneurship workshop and competition at IIT-Madras

The India chapter of Asia-Pacific Student Entrepreneurship Society (ASES-India) operating out of IIT-Madras is set to conduct workshops running up to a competition in which the best social business plan will be rewarded. Times of India reports,

Participants must submit executive summaries of their business plans by January 25 after which around 15 to 20 teams will be short-listed and mentored.

Results of the first round will be declared on February 1 and the formal mentoring including development of prototypes of short-listed projects will commence on February 15. In all five awards will be given.[Source:

The website created for the competition, named Genesis, indicates that while prizes in the competition bring for good publicity for the winning ideas, the workshops will offer valuable lessons to learn to all the participants, who may also stand to gain from their interaction with people from IIT, Rural Innovations Network, Ashoka, Indian Angel Network, TiE – the partners of ASES-India for this competition.

[TC-I Call to Action]: Rural Innovations Network Fellowship

L-RAMP‘s blog announces the Rural Innovation Network‘s fellowship program, an exciting new hands-on opportunity to hone social entrepreneurship skills. Vinay previously blogged about RIN, an NGO that assists rural entrepreneurs to bring their product to market.

Details on the fellowship:

Rural India needs ideas that can deliver inclusive, eco-friendly and sustainable prosperity. A handful of individuals – better known as social entrepreneurs, are making a difference by blurring the boundaries between business and social good. These individuals stand out for their vision, purposefulness, passion, leadership, innovativeness, risk taking ability, and persistence.

Do you, as an individual aspiring to be one such pathfinder, need a space that’s a live laboratory to hone your instincts and sharpen your abilities? Do you need an opportunity that prepares you before you launch your dream venture? Do you simply want to break away from the routine and engage with the fascinating rural India? Continue reading

[TC-I Call to Action]: MSME Business Plan Challenge – Sankalp 2009

IndiaPRwire helps announce the launch of yet another challenge; this time, focusing on micro, small and medium enterprise (MSME) business plans. The nationwide challenge, titled Sankalp, is presented by India Development Gateway, a new portal “designed to overcome the barriers currently limiting flow of capital into social enterprise.”

Sankalp 2009 is a serious attempt at identifying social enterprise investment opportunities within the Indian MSME space. What makes this challenge unique is the force that powers it- the India Development Gateway (IDG) is an easily browsable website rich with information that helps entrepreneurs improve their concept and connect to an online community of mentors, experts and investors for networking. Sankalp 2009 effectively leverages the online platform and helps entrepreneurs make their plans investment worthy, link finance and expertise to business opportunities, and make high potential, socially relevant investable plans visible globally through the IDG platform.

The first round of the competition closes December 29, 2008. Rural Innovations Network plans to sponsor a special prize for the most innnovative business plan, in addition to cash prizes for the top winners. If you have an idea for a MSME, be sure to submit your business plan.