The Schwab Foundation for Social Entrepreneurship, a Switzerland-based nonprofit, and the Jubilant Bhartia Foundation, an Indian nonprofit, have announced that they are now accepting applications for the 2013 Indian “Social Entrepreneur of the Year Award.” The award celebrates social entrepreneurs deemed to have designed and implemented “innovative, practical and sustainable solutions to address poverty and the lack of basic services and resources” to low-income people in India. Anshu Gupta won the Indian Social Entrepreneur of the Year Award in 2012 for being the founder of Goonj, a nonprofit that provides clothing to low-income people in India.
Each applicant’s initiative or venture will be evaluated according to the following five criteria: (1.) innovation, (2.) sustainability,( 3.) direct social impact, (4.) reach and scope, and (5.) how replicable the initiative is in other regions of the world. The deadline for submitting applications is May 31, 2013, and the application form can be found at the following address: http://jubilantbhartiafoundation.com/recognising-social-entrepreneurs.html
By Brian LeBlanc, Research Associate
About the Schwab Foundation for Social Entrepreneurs
Established in 1998, the Schwab Foundation for Social Entrepreneurship is a Switzerland-based nonprofit that intendeds to promote social innovation and to advance social entrepreneurship. The foundation was founded by Klaus Schwab, creator of the World Economic Forum, and is under the legal supervision of the Swiss federal government.
About the Jubilant Bhartia Foundation
Established in 2007, Jubilant Bhartia Foundation is the corporate social responsibility wing of Indian pharmaceutical company Jubilant Bhartia Group. The foundation’s objectives include community development work, health care, environmental preservation, vocational training and women’s empowerment.
Sources and Additional Information
Schwab Foundation for Social Entrepreneurship press release sent to MicroCapial
MicroCapital article, March 26, 2013, “MICROCAPITAL BRIEF: Trico Accepting Applications for 2013 Social Entreprise Awards worth $78k,” https://www.microcapital.org/microcapital-brief-trico-accepting-applications-for-2013-social-enterprise-awards-worth-78k/
MicroCapital article, October 14, 2010, “MICROCAPITAL BRIEF: Impact Investment Fund Managers Calvert, Cordes and Giving Assets Plan to Establish ‘Global Impact 50’ Alongside Rockefeller Foundation to Measure Social, Environmental and Financial Impacts of Impact Investment,” https://www.microcapital.org/microcapital-brief-grameen-foundation-china-social-entrepreneurship-youchange-foundation-and-several-chinese-businesses-partner-to-found-microfinance-institution-the-beijing-youchange-purong-info/
MicroCapital article, November 17, 2006, “Microfinancier Vikram Akula Wins Indian Social Entrepreneur of the Year Award,” https://www.microcapital.org/microfinancier-vikram-akula-wins-indian-social-entrepreneur-of-the-year-award/
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