The Tata Group, recently announced the commencement of the Tata Social Enterprise Challenge 2016-17, a joint initiative with the Indian Institute of Management Calcutta (IIM-C) to find India’s most promising early-stage social enterprises. The endeavor of the challenge is to create an ecosystem for social entrepreneurship and encourage sustainable, scalable and measurable social impact.
Teams, who either have an early stage venture (not older than three years) or a promising idea with a plan that can create sustainable social impact in India, can submit their business plans online, by logging onto www.tatasechallenge.org.
Impact proposals (detailed business plans) are invited in the areas of agriculture, food and dairy, healthcare, water and sanitation, technology and development, education and skills development, housing, handicrafts, energy and microfinance/financial inclusion. The ventures will be judged on three parameters — business model, social impact and sustainability.
The last day to submit the impact proposal (business plan) online is October 11, 2016. The challenge also invites the general public to nominate, through the initiative’s website, social enterprises they know who fit the eligibility criteria.
For registration and procedure applicants can log onto www.tatasechallenge.org.