|SEOY India Award- Selection Process|
|Step 1: Assessment of applications key parameters of innovation, sustainability, reach, replicability and social impact. |
Step 2: Due diligence process- expert reviews, site visits, shortlisting of semi-finalists
The award celebrates and applauds leading social entrepreneurs and their ventures that implement innovative, practical and sustainable solutions to address poverty and the lack of basic services and resources in 'Bottom of the Pyramid' and ultra-poor communities (i.e. health, education, job creation, water, clean energy and access to information and technology). Social entrepreneurs develop a revenue stream through the sale of products, services, fees or develop key partnerships to stay sustainable.
Note to the Editors:
Schwab Foundation for Social Entrepreneurship was co-founded by Prof. Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, and his wife, Hilde. The Schwab Foundation for Social Entrepreneurship provides unparalleled platforms at the regional and global level to highlight and advance leading models of sustainable social innovation. It identifies a select community of social entrepreneurs and engages it in shaping global, regional and industry agendas that improve the state of the world in close collaboration with the other stakeholders of the World Economic Forum.
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World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.
Jubilant Bhartia Foundation (JBF), established in 2007, is the not-for-profit organization of the Jubilant Bhartia Group. It focuses on conceptualizing and implementing the Corporate Social Responsibility initiatives (CSR) for the Group. The Jubilant Bhartia Foundation's activities include various community development work, healthcare programs, cultural and sports events, environmental preservation initiative, vocational training, women empowerment, educational activities and promotion of Social Entrepreneurship. www.jubilantbhartiafoundation.com