Sankalp (English: Pledge or Determination) is a South Asia Social Enterprise and Investment Forum with the primary goal of bringing together various stakeholders sharing a common conviction that capital should be invested to create multiple bottom-line returns (financial, social and environmental) and not exclusively financial (profit-maximizing) or social (philanthropic) returns.
Sankalp 2009 is an effort to discover, connect and support the most investible social MSMEs (Micro, Small and Medium enterprises) operating in 5 high impact sectors which are mentioned below.
Sankalp 2009 is composed of:
A. Sankalp Awards for investible ideas and emerging enterprises.
There are 5 tracks namely:
Agriculture and Rural Innovations,
Education for all,
Healthcare Inclusion,
Environment & Clean Energy and
Highly Scalable Social Models
Within these 5 tracks the program aims at identifying emerging enterprises in he following 3 categories:
- Sankalp Emerging Model award: This is for emerging models and ideas that are just beginning to get revenue traction and have a 3 year targeted revenue less than Rs 1.5 crores; or they require an investment of less than Rs 40 lacs.
- Sankalp Growth award: This for social enterprises with proven models that are beginning to scale. 3 year targeted revenue should be between Rs 1.5 crores to Rs 15 crores; or investment requirement for the growth plan should be Rs 40 lacs to Rs 4 crores.
- Sankalp High Impact award: This is for enterprises that have a 3 yr targeted revenue greater than Rs 25 crores or are seeking investment over Rs 4 crores.
Click here to learn more about the award process
B. Participation in the enterprise and investment forum on April 28th.
The Sankalp Social Enterprise and Investment Forum will cover topical issues in the 5 tracks listed above with a goal to outline:
- Sectoral best practices
- Investor interests and requirements
- Emerging trends
- Workshops on investing
- Networking opportunities for entrepreneurs, corporates, banks, private equity investors
Click here for the
program schedule and
registration
Organizer
Sankalp is conceived and organized by India Development Gateway (IDG) an
incubation of Intellecap.
The India Development Gateway (
www.indiadevelopmentgateway.com)
aims to facilitate the flow of capital into enterprises. This is expected to be
achieved through the creation of a large eco-system that would consist of
multiple stake-holders including investors (Foundations, individual investors,
family offices, angel investor groups, other multiple bottom-line funds),
enterprises and their networks, the catalyst groups promoting this eco-system
and less expensive local service providers (Legal Counsels, Due Diligence etc.)
that are necessary for such an ecosystem to thrive.
Established in 2002, Intellecap is one of the fastest growing strategic
consulting services firm in the international development sector. Intellecap
aims to build intellectual capital dedicated to facilitating investments into
socially motivated businesses and to assist these businesses in becoming more
profitable and achieving greater scale through consulting and advisory inputs. .
For more information about Intellecap, please visit
www.intellecap.net
