Deadline: 30-Sep-20
The Drishtee is inviting ideas/innovations from residents/ returned migrants to villages of India for its Made in Rural India (MIRI) Gram-Udyog (GU) Ideapod (IP) program to support them in starting up micro-enterprises.
This program is an endeavor by Drishtee, a social enterprise building sustainable communities for over two decades with its reach across 6000 villages in 17 states of India, to regenerate alternative & dignified livelihoods for Covid19 pandemic-hit migrants within their villages and revitalizing rural economy through community-led sustainable enterprises.
Benefits
- Fiscal Incentives
- Financial Assistance (Stipend/Milestone based) to State-level Winners
- 1st Prize: INR 5,00,000
- 2nd Prize: INR 3,00,000
- 3rd Prize: INR 2,00,000
- Financial Assistance (Stipend/Milestone based) to State-level Winners
- Non-Fiscal Incentives
- Mentorship
- Immersion Space to experience functioning of Rural micro-enterprises, Infrastructure
- Multi-Disciplinary team (if team members need to be added)
- Access to local ecosystem and administration
- Pilot opportunities
Eligibility Criteria
- Drishtee is looking for:
- Rural residents/ returned migrants to villages with business ideas that address societal challenges and are keen on growing and scaling their innovation. They should be willing to commit next 6 to 12 months to work in building micro-enterprises in rural India, preferably based in rural value chains of product verticals, especially focusing on local production-based activities.
- Early stage rural entrepreneurs are also welcome to apply for opportunity to scale impact of their work and/or to replicate in other geographies.
- Educational literacy expected at a level convenient for them to undergo the entrepreneurship training and adopt key learning’s in basic accounting, reading comprehension and writing skills.
- Relevant Industry
- Micro-enterprises in rural India, preferably based in rural value chains of product verticals, especially focusing on local production-based activities.
- Indicative, not exhaustive: Agriculture, Textile, Home Furnishings, Animal Husbandry, Fisheries, Rural Tourism and Sorts.
- Post Submission Milestones
-
- Level-1: Verification of Application Form
On successful submission of the idea registration form by the applicants, it will undergo a desk verification on completeness of the required details, eligibility as per scoping of program, and to identify the commitment of the ideator to pursue towards implementation.
In addition to this, based on the response to the questionnaire, ideas will be shortlisted on aspects of desirability, feasibility and viability of the proposed innovation & solution.
-
- Level-2: Pre-Incubation Support
External Experts Pool (social entrepreneurs, financial institutions, govt. scheme reps) will conduct a rigorous evaluation of the business plans submitted by prospective entrepreneurs to guide towards sustainable enterprises. Personalised mentoring will be mapped for enabling the selected entrepreneurs to incorporate the guidance in implementing pilots with the seed grant provided by the program team.
-
- Level-3:Establishment of Micro-Enterprise
Successful Pilots are pitched for social investments/scale-up grants/ low interest loans with a handholding support provided by the mentor pool of the program team.
For more information, visit http://drishtee.org/guip/