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How do you understand whether I am a social enterprise or not? |
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A social enterprise is an organization that applies commercial strategies to maximize improvements in human and environmental well-being, rather than maximizing profits for external shareholders. Aim of social enterprises is to bring about
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Do I have to be a corporate to avail the benefits of incubation? |
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No, you can be an individual. But you need to have a business plan to articulate your ideas. Ideas have to be relevant, replicable, affordable, sustainable, scalable and such that can be pursued commercially. For additional details, refer to our selection process. |
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Who would be eligible for endowment? |
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Entrepreneurs/enterprises selected after crowd sourcing, Ashoka Fellows, start-ups recommended by other NGOs and ongoing Saath Livelihoods programs. The eligibility would be determined on the basis of the due diligence report. |
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What is the selection criterion for social entrepreneurs? |
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Crowd sourcing to scout for entrepreneurs through academic institutions, partners and angel investment/ NGO networks. Competitions to invite ideas which are being worked upon and award leading ideas which can be taken up for incubation. The short listing of entrepreneurs and enterprises at this stage would be based on ideas that are relevant, replicable, affordable, sustainable and scalable. This will be followed by a multiple stage screening process which will involve presentations, personal interviews etc to determine commercial as well as social viability of project. |
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What is crowd sourcing? |
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The word is a combination of 'crowd' and 'outsourcing'. The idea is to invite proposals from the public (through online and print advertisements) in order to be able to select social entrepreneurs who have ideas that can be pursued commercially and fall within the ambit of a 'social enterprise'. |
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What incubation support would we provide to social enterprises? |
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Incubation support would involve technical assistance and seed funding rather than direct financial assistance to the entrepreneurs. The technical assistance would be in the form of mentoring, business validation support, and peer learning and on the ground support. |
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How can one support a Social Enterprise/NGO? |
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Saath Livelihoods proposes to create a Rs.100 crore endowment fund over a five year period. The fund will be created through donations, grants from individuals/HNIs and corporates as well as from CSR allocations. You can support us by donating to the fund or by lending financial support to any of the ongoing programs/ incubation centres. You can also volunteer your time. |
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If I am an investor/corporate how do I go about doing CSR with Saath Livelihoods? |
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Saath Livelihoods is eligible to accept CSR contributions from corporates for conducting various programs and activities. We will design, manage and implement CSR programs jointly with corporates through a network of NGOs such as Janvikas, Navsarjan, YUVA, and Centre for Social Justice, etc. Programs may be specifically designed keeping in mind company objectives and commitments of donors as well as the recommendation for CSR under the Companies Act, 2013. |
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Are there any criteria as to which SE I should support through CSR contribution? |
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The CSR guidelines lay down certain recommendations with respect to programs or social enterprises that can constitute CSR. Saath Livelihoods will design programs keeping in mind company objectives and commitments of donors and align them to meet Companies Act recommendations for CSR. |
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What is social audit? How do you measure outcomes/impact of CSR? |
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Social Audit is a formal review of a company's endeavors in social responsibility. It is a way of measuring, understanding, reporting and ultimately improving an organization's social and ethical performance. CSR programs undertaken for and on behalf of the corporate will be routinely monitored. The outcomes achieved will be reviewed, measured and routinely documented at various stages of implementation. |
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How do I benefit from making a grant donation with you? |
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Saath Livelihoods possesses the following registrations
The benefit of deductions under these acts will be available to a donor. |