Deadline: 22-May-22
Are you a non profit startup working on resilient livelihoods, and looking for mentoring, ecosystem connects & grants to accelerate your scale & impact? If yes, then apply for Accelerator Program.
The first of its kind ₹40 crore startup fund designed to accelerate livelihoods focussed nonprofits that are ready to grow and scale.
The startup works on solving a problem faced by India’s economically disadvantaged communities or a problem faced by the nonprofit ecosystem.
The/Nudge Accelerator select organizations that have potential to achieve outsized impact, sustainably and invest deeply in them for a period of 12-24 months. During this time, The Nudge CSI Partners work closely with the founders while the The/Nudge CSI Mentors work closely with the organisations’ core teams to get their ideas in the best possible shape – ready to fundraise, hire and scale.
Benefits
- Dedicated mentoring (12-24 months) by some of India’s most admired leaders.
- Grant of INR 50 lakhs in the first year and upto INR 150 lacs in the second year.
- They connect you to a supportive network of founders, experts and administrators.
- Help with key milestones like brand building, funding, product-market fit etc. in an accelerated manner.
What does 1-on-1 mentoring involve?
- During the period of support, you will be paired with one of the CSI Partners as your strategic mentor, while members of your core team will be introduced to mentors in their own functional areas. The objective of this engagement is to help you achieve key milestones like attaining product market fit, getting the first rounds of funding, building a brand, hiring your team etc. in an accelerated manner. Your Partner and mentors will coach you, as well as open doors for you by connecting you to individuals and organizations that can help you in your mission. As field visits are a great way to get the right context, we also encourage you to engage your Partner / mentors to visit your customers with you.
- The Accelerator portfolio manager will establish (through face to face meetings for pitching your organisation’s work) connects with CSR leaders and representatives of global and domestic philanthropic foundations. In parallel, they will help you with your fundraising strategy and in refining your pitch.
Eligibility Criteria
- Early-stage startup (1-5 years) with a well defined program.
- Registered as a section 8 company, a trust or a society.
- Core team across functions in place.
- Your solution provides resilient livelihoods for the poorest of the poor or acts as a change transmitter providing financial, marketing or technology agency to the underserved for resilient livelihoods.
- You have raised money from other sources.
For more information, visit https://csi.thenudge.org/grants/accelerator