The Sankalp Awards is a celebration of outstanding social entrepreneurs and a showcase of innovative and successful businesses globally. The 2021 Edition of Sankalp Global Awards is looking for social entrepreneurs who are mainstreaming impact, are making a positive impact on society, gaining hands-on experience and networking with a global community.
In 2014, Sankalp Forum expanded to Africa via the Sankalp Africa Summit. Nine years into their journey, they continue to catalyze collaborations between different ecosystem players in the impact space to drive change. The summit operates under the premise that, in order to achieve enduring change, no single stakeholder can do it alone. Hence, Sankalp leverages the knowledge and networks from entrepreneurs, investors, corporations, multilateral institutions and policymakers who are committed to furthering the cause of development through entrepreneurship and innovation to achieve the Sustainable Development Goals by 2030.
The current pandemic has uncovered the inequities in Africa whose vulnerable populations, and urban megacities have struggled with the basics of access to healthcare, food, water, jobs, migration etc. Rural populations have struggled with the connectivity and the increasing digital divide that has thrown millions of children out of formal education (and unfortunately more girls). Millions of women across the world have disproportionately lost jobs & livelihoods and have been victims of violence. While the UN SDG’s have given us the global grammar to a collective pathway to change, to action them we need scalable and sustainable solutions, and mainstream capital to change the direction of their investments. The capital pivot requires a shift from investing in entrepreneurs whose goals are “cheaper, faster, more”, towards entrepreneurs who are purpose-driven to be inclusive and focused on clean air, clean water, clean land. Impact investing now needs to be mainstream, rather than niche portfolios in the development sector.
Requirements
Run a high-impact business that caters to rural, low-income, or disadvantaged communities in any of these five main sectors; Agriculture, Clean Energy and Climate Solutions, Financial Inclusion, Health, Water, Sanitation and Hygiene, Livelihoods and Future of Work(ers).
SCALE
Have a clear for-profit business model with high potential for scale
TEAM
Have an experienced and dedicated promoter team
INVESTMENT
Are looking for funding in the range of USD $100,000 – $1,000,000
MARKET FIT
Have some proof of concept on the ground and are preferably generating revenues
Application Deadline: 16th December 2021.
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