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Challenges > Challenge overview
  |   Current focus:   India
   
 
Dec 31, 2013
677 Days Left
 
 
 

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This is a private challenge and only the owner can view the nomination details
 

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    • Water, Energy, Food, Health, Education
    • Geography Focus
      Asia (India)
  • Reward

    • Solver : USD 500,000
      maximum investment in equity or convertible debt per enterprise
    • Connector : USD 3,000
      cash reward for all finders who nominates successful investments
  • Sponsors

    Organizer Details

    Ennovent
    Digbijoy Shukla
    digbijoy.shukla@ennovent.com
    +91 9818422682
    http://www.ennovent.com

Sustainable Enterprise Challenge

Help us find - in India and around the world - proven, for-profit solutions that can meet some of the critical needs of India’s poor.
 The Sustainable Enterprise Challenge is open for applications and nominations!

A majority of India’s poor population has no access to healthy food, clean water, renewable energy, affordable health and sufficient education. Help us find - in India and around the world - proven, for-profit solutions that can meet some of these critical needs. ennovent will invest up to USD 500,000 in sustainable enterprises to scale winning enterprises in India. ennovent will also offer a cash reward of USD 3,000 to network members who nominate winning enterprises.

 

Note: This is an ongoing fund challange to source investments for the Sustainable Enterprise Fund. Over the next years, the Fund intends to make several investments in companies which fulfill the winning criteria.

Participants

Solver:

  • Solver should be the sole owner of the Solution and related Intellectual Property Rights
  • Solver should be a for-profit enterprise (not NGOs or universities)
  • Enterprise can be from India or anywhere worldwide
  • Enterprise should be interested to launch or scale the innovation in India
  • Enterprise owner should be open to an investment by the Sponsor (ennovent's Sustainable Enterprise Fund)

Connector:

  • A member of ennovent's Global Network
  • Any individual or legal entity worldwide
  • Connector requests Solver to submit its solution online
  • Provides a reason why this specific Solver should win this challenge
Timeline
  • Submission Deadline
  • Last Due Diligence
  • Investment Period End
  • Fund Closure

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