The Tata Social Enterprise challenge is a joint initiative with the Indian Institute of Management Calcutta (IIM-C) which started in 2012, to find India's most promising early-stage social enterprises. The Challenge endeavours to find India's most promising early stage social enterprises, and create an ecosystem for social entrepreneurship - encouraging sustainable, scalable and measurable social Impact. The challenge invites social entrepreneurs who have an early stage venture (not older than three years) or a promising idea with a plan that could create sustainable social impact in India. In addition, the enterprise is required to demonstrate significant social impact through results or proof of concept. The Tata Social Enterprise Challenge is being supported by some of the biggest Venture Capitalists in the Social Entrepreneurship space. Business plans for the competition will be invited for all sectors including the following focus areas: (1) agriculture, food and dairy, (2) healthcare; (3) water and sanitation; (4) technology and development; (5) education; (6) energy and (7) micro-financial inclusion.
The applicants may or may not be Indian Nationals, however, the social venture should be aimed at creating social impact in India. Social enterprises are eligible.
Support is provided to initiatives in India.
The rewards are: (1) cash grants: the top 3 winners of the competition will win cash grants up to 2 lakhs ($4,600) each, to be invested in their ventures; (2) incubation: the teams which make it to the grand finale will be given an opportunity to pitch for incubation at IIM Calcutta; (3) funding opportunity: all teams shortlisted for the semi-finals and finals will have an opportunity to pitch to India's largest social VCs for seed funding; (4) mentorship: 3 week mentorship support provided to all short-listed teams leading up to a two-day residential mentorship program on IIMC campus.
The application deadline is 30 September 2018.