Marico Innovation Foundation (MIF) is now accepting applications for the sixth edition of Innovation for India Awards, the biennial platform recognizing breakthrough innovations from the Business and Social sectors in India.
Established in 2003, MIF aims to foster innovation within the business and social ecosystem in India. This Award is an opportunity for innovators and entrepreneurs to showcase their innovations, receive acknowledgement and build a culture of innovation and learning. The winners will have a chance to showcase their innovation in front of an audience comprising of leaders from India Inc. leading entrepreneurs and innovators from the business and social ecosystem, heads of various private equity and seed funds and academia associated with the innovation ecosystem in India. The ceremony will be held on March 16, 2016 in Mumbai. The last date for submission of applications is October 1, 2015.
Over 35 breakthrough innovations have been recognized across the past five editions of the Awards. Speaking about the Awards, Mr Harsh Mariwala, Chairman of Marico Limited and Founder of Marico Innovation Foundation said, “The aim of MIF is to foster innovative ideas that benefit the society at large. With ‘innovation’ at the heart of India’s growth story, the Innovation for India Awards strives to create awareness around breakthrough innovations that have the potential to create tremendous benefits for India across the business and social sectors. These Awards are a platform for innovators to showcase their innovations and in turn inspire fellow entrepreneurs and innovators to greater heights.”
Selection Process for the Innovation for India Awards 2016:
Submitting the application: Fill out a form available on the website www.maricoinnovationfoundation.org
Screening: Applications will be gauged on the basis of 4 key pillars of the Innovation for India Awards:
Jury Phase I: An eminent jury consisting of leading business and social innovators will shortlist the potential applications
- Potential to Scale
Follow-up verification: The knowledge partner will audit the application on-ground to validate the details of the innovation
Jury Phase II: The jury will then decide the final winners basis the findings of the follow-up verification
“It was our great pride and pleasure to be considered for and to be awarded in the category of Top Business Innovation for our Tamper Evident Meter of the Tata Power Delhi Distribution Ltd. It was really a huge forum where I was given a chance for sharing my thought how we have worked for the betterment of the society through our innovative work. I do hope and promise to be associated with Marico Innovation Foundation in future…” said Subrata Das, HOD-SUC, TATA Power Delhi Distribution Limited – Business Category winner at the Innovation for India Awards 2014
“It was good to meet and represent the very niche work that Khabar Lahariya does to such a wide variety of influential people, and open up possibilities of collaboration and support. The award provided a kind of visibility to the work of an organisation like ours, who does not work with a conventional development intervention.
Working with rural communities on democracy and information generation through the medium of training rural women as journalists and publishing news is new to many individuals and agencies interested in supporting and sustaining development work. We’d recommend applying for the award for this kind of wide visibility and connections to an audience that could enable scaling up and increasing outreach of one’s work,” said Disha Mullick, Director, Outreach, Kahabar Lahairya – Social Category winner at the Innovation for India Awards 2014.
The Innovation for India Awards will accept innovation applications under Business and Social Innovation categories.
If your enterprise has an innovation that has the potential to change the face of India or know of a business or social organization that is leveraging innovation to make a difference, we want to hear from you.