SEED welcomes innovative and sustainable enterprises from Waste Management and Green ICT (information and communications technology) sectors in India, which are working in partnership with others to generate economic, environmental and social benefits. SEED's independent International Jury of experts selects Award Winners, those enterprises that have the greatest promise of making substantial improvements in poverty eradication and environmental sustainability while contributing to a greener economy. We request all potential proposals to carefully read our criteria before completing an application. Click on the points below for more information.
SEED Award Winners must:
a) demonstrate entrepreneurship and innovation
The activities covered by the enterprise described in the application should be entrepreneurial and innovative, for example delivering new services to communities locally or regionally, bringing a new product to market, or developing a new, effective and financially sustainable way of delivering environmental and social benefits.
b) demonstrates entrepreneurship and innovation in either 'Waste Management' or 'Green ICT'
SEED accepts applications from enterprises working in Waste Management and Green ICT sector for SEED Awards 2016, India. Any application will be considered as long as it fulfils these eligibility criteria and therefore has the potential to contribute towards Triple Bottom Line (TBL) impacts, which means enterprise should integrate economic, social and environmental aspects into the business model. SEED is looking for enterprise that can make a significant contribution to sustainable development by delivering:
- social benefits such as community development, empowerment and employment, health or education benefits, or access to essential services; and
- environmental benefits such as reduced carbon emissions, waste or pollution, or protecting biodiversity and ecosystems; and
- economic benefits including income generation to their partners and contributing towards local economic development.
The enterprise under the Green ICT sector shall be capable to demonstrating TBL impacts on the community through application of information and communications technology with best practices in environmental sector or capable of improving the performance of agriculture, biodiversity, waste management, renewable energy, food security indicators as well as facilitate innovation in these sectors.
SEED will also be looking at the integration of components that respect and advance gender equity and balance.
c) have the intention and potential to become financially sustainable
Applicants should be able to explain how the enterprise will be financially viable in the long term; it should have a sound business rationale. SEED can help winners to develop their ideas but a draft business plan should be already in place.
d) be a partnership between different stakeholder groups
SEED is looking for sustainable development solutions, which are created through different types of organisations or stakeholders working together in partnership. To be eligible, this means the enterprise must involve at least three different partners (including main applicant), from different stakeholder groups, which have already agreed to work together. Partners can be any international/national organisation, investor, research institute, supplier, governmental bodies/agencies, NGOs, other social enterprise, development organisation etc.
e) be locally-driven or locally-led
Local partner/s should be fully engaged in and have the prospect of benefitting from the enterprise, which should reflect the expertise interests, and commitments of the local communities. Also, enterprise should have product or service that has Indian citizens as an end user.
f) have potential for scale up or significant replication
The enterprise should have ambitions for growth and strong potential for the increased impact on the ground, either through growth of the enterprise and/or replication elsewhere. Award winners usually also have the potential to serve as inspiration to others. The needs of the enterprise should fit well with the kinds of support SEED can offer.
g) be in the early stages of implementation
The enterprise has to be in the set-up phase and in the early stages of implementation. There should be proof of concept with evidence of some early impact.
SEED seeks applications that reflect innovative, forward-thinking, and realistic ideas for new products and services. Enterprises, which are currently being formed and are in the early stages of implementation are eligible for the SEED Award. Partners should have agreed in principle to work together, even if there are no formal agreements yet in place. It is of interest for the SEED Award whether enterprises have already attracted partial or full funding. The main aim of SEED and its partners is to assist with the difficult transition from start-up to establishment.
The enterprise should have a draft business plan, but will only be asked to submit the plan if shortlisted. Winning enterprises will demonstrate a good business rationale and give strong indications of significant economic, environmental and social benefits in the future.
If you fulfil all the eligibility criteria mentioned above then apply for the 2016 SEED Awards in India before 30 September 2016.