Two Projects supported by XLRI Social Entrepreneurship Trust (*), Parichay and Swavalamban were judged 1st and 2nd respectively in the IIM Indore's Social Business Plan contest "Kalpavriksha" - a forum for self sustainable business plans with the potential to make a difference to society.
The two projects were selected from among 103 entries from across the B-Schools, and were judged by executives from Aavishkaar India Micro Venture Capital Fund, IndianNGO.com and India Development Gateway
Besides the prize money, along with other finalists they will also receive mentorship by executives from IndianNGO.com and India Development Gateway, a capital market place for social ventures in India. They will also be able to put up their ideas on India Development Gateway.
As the winner of the event, Parichay will get a direct semi-final entry into the Global Social Entrepreneurship Competition (GSEC) to be held at Foster School of Business in Seattle, USA (Feb 23-27, 2009)
(*) On Nov 16th, more than 300 students and faculty will participate in XL Dream Run, to generate funds for the XLRI Social Entrepreneurship Trust, which supports such projects.