There will be 21 social enterprises competing for this year’s Sankalp Social Enterprise Awards.
Created by the Sankalp Forum, the annual awards run alongside the Sankalp Unconvention Summit, which brings together Asia’s social enterprises, impact investors, and other key players with a vision of catalyzing investments into sustainable impact enterprises.
The awards will recognize the best social enterprise models in five categories: agriculture, food, and rural business; clean energy/technology; education and vocational training; health, water, and sanitation; and technology for development.
Last year, a special award in the South East Asia category was given to Philippines-based Hapinoy.
According to a released statement, the social enterprises will compete for funding worth Rs. 5 crore or $920,000. In addition, the winner of the Sankalp-Artha Grand Prize will receive a cash prize of $40,000.
The finalists will attend a training bootcamp at the Indian School of Business in Hyderabad. The awards will be presented at this year’s Sankalp Unconvention Summit on April 16-18 in Mumbai.
More than 1,000 delegates are expected to attend the summit.
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