What: The Nand & Jeet Khemka Foundation and The Schwab Foundation for Social Entrepreneurship, in collaboration with United Nations Development Program (UNDP) and Confederation of Indian Industry (CII), have opened nominations for India's 'Social Entrepreneur Of The Year Award 2007'.

Details:

~ The winner will be announced in a ceremony coinciding with the India Economic Summit in December 2007.

~ The winner will be eligible to be named a 'Khemka Fellow' and receive a financial award of Rs 8,00,000.

Criteria:

~ Innovation -- The candidate has brought about social change by transforming traditional practice. Such transformation can have been achieved through

• an innovative product or service,
• the development of a different approach, or
• a more determined or rigorous application of known technologies, ideas and approaches

~  Sustainability -- The candidate has generated the social conditions and/or institutions needed to sustain the initiative and is dedicating all of his/her time to it.

~  Direct social impact -- The candidate has founded, developed and implemented the entrepreneurial initiative directly, together with poor or marginalised beneficiaries and stakeholders. Impact manifests itself in quantifiable results and testimonials and is well documented. There are no significant negative externalities.

~ Reach and scope: The social entrepreneur's initiative has spread beyond its initial context and has been adapted successfully to other settings in the country or internationally, either by the entrepreneur him/herself, or through others who have replicated or adapted elements of it.

~  Replicability: The initiative can be adapted to other regions of the world to solve similar problems. The entrepreneur is open to sharing with others the tools, approaches and techniques that are critical to the adaptation of the initiative

How to apply:

~ Log on to the web site and fill out the application form.

~ Applications will be accepted until 20 August 2007

Contact:

Payal randhawa                                                                 Vivek Rana
Manager-Khemka Awards                                                   The practice
The nand & jeet khemka foundation                                      Tel: +11 30886585 / 86 / 87
                                                                                         MOBILE: +91 98118 95749

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