Millennium Alliance Roadshow with CIIE, IIM Ahmedabad
August 24
Saturday
Featured participant:
Today we'll be hosting the 'Millennium Alliance Roadshow with CIIE, IIM Ahmedabad' at CIIE, IIM Ahmedabad from 6 pm to 7.30 pm.
Millennium Alliance Team will be in Ahmedabad today to interact with founders from Ahmedabad.
We will also be joined by Hunny Bhagchandani, Founder, Torch It who got the funding support from Millenium Alliance to share his experiences and how founders can leverage this platform.
Register on Meetup page to confirm your participation.
About Millenium Alliance.
To ensure that the benefits of innovation percolate to the population at bottom of the pyramid, FICCI jointly with the Technology Development Board and the United States Agency for International Development (USAID) launched the Millennium Alliance (MA) Program in 2011. For the first time, an Alliance was forged as an innovation partnership for Global Development focusing on important sectors including Health, Basic Education, Water and Sanitation, Food Security/Agriculture and Clean Energy. UK’s Department for International Development (DFID), ICCO Cooperation, ICICI Foundation for Inclusive Growth, World Bank Group and Facebook have now joined to scale the platform.
A $25 million fund has been set up for testing and demonstrating the success of Indian innovations in terms of concrete development outcomes for the base of the pyramid populations in India, South Asia and Africa. 86 social enterprises have been supported so far under the programme with a funding support of over Rs. 60 crores. 12 of these social enterprises are being supported for replication of their projects in Kenya, Nepal, Ethiopia, Bangladesh, Uganda, Rwanda and Afghanistan.
Web: http://www.millenniumalliance.in
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CALL FOR APPLICATIONS
MILLENNIUM ALLIANCE ROUND 6
INSPIRING INNOVATION ǀ SHARING SOLUTIONS
The Millennium Alliance (MA) calls for applications from social entrepreneurs who have developed innovative solutions addressing development challenges that will benefit base of the pyramid populations across India and the world.
The Alliance is inviting applications under the following two stages:
Stage 1: Piloting or testing an innovation
Stage 1 funding is intended to support product development and to test the real-world viability of an innovation. Projects may conduct a pilot or other validation of the innovation. They should depart from current practices, be cost effective and must have already established a proof-of-concept. Idea stage projects are not eligible for an MA award.
Stage 1 awardees receive funding up to Rs. 30 Lakh grant, out of which Rs 10 Lakh is strictly earmarked for capacity building.
Stage 2: Scaling or replicating an innovation which has been successfully piloted
Stage 2 funding supports large-scale implementation of solutions that have demonstrated success at a pilot or small-scale stage.
Stage 2 awardees will receive a grant of up to Rs. 1 Crore at most depending on the project stage, merit and needs out of which Rs. 10 Lakh is earmarked for capacity building.
Focus Sectors:
Basic Education (specifically early grade reading)
Health (specifically family planning & reproductive health and maternal & child health)
Agriculture
Clean Energy
Water & Sanitation
Other Sectors
The Alliance provides innovators with services such as grants, accelerator services, networking opportunities, business support services, knowledge exchange and technical assistance and will facilitate access to equity, debt and other capital.
Know more and apply at: www.millenniumalliance.in
Last date to apply: August 30, 2019
For any queries, please contact us at - Email: [masked]