Applications and nominations are now open for the Surya Nepal Asha Social Entrepreneurship Award (SNASEA) 2011 aimed at recognizing the achievements of social entrepreneurs, whose services have till now have remained hidden. If you are one of them or if you know a deserving social entrepreneur you can apply or nominate the candidate. Best ventures will be awarded and all the applicants will be given the opportunity to join the network and promote their products or services.
The SNASEA will be a three day event to showcase the ideas and products of social entrepreneurs. The award ceremony will be the culmination of activities around social entrepreneurship. All of them aim at recognizing and promoting those who create value for people, planet and profit and those who dare to become job creators instead of job seekers.
During this three day event the participants will be able to display their products, services or ideas to customers, potential investors, friends and other guests. They will also get an opportunity to attend the seminars and listen to the experiences of other successful social entrepreneurs and experts.
Selection Criteria for the Award
The applicants will be selected based on the following criteria:
Person: A track record of trustworthiness and good stakeholder relations is a precondition for eligibility. The person needs to have displayed the grit, vision and passion to succeed.
Project: The project needs to be:
1. Socially / environmentally impactful
The venture should be impactful in transforming systems to tackle the causes of poverty, marginalization, and /or environmental deterioration. It should also demonstrate the potential to achieve wider social and/or environmental change.
2. Sustainable
The ventures, either non-profit or for-profit, must have an income-generation component, and show capacity to sustain themselves through their own income streams.
3. Innovative
The venture should be a new solution or approach to a social and/or environmental problem
4. Scalable
The Venture should be based on a model that can be scaled-up or reproduced by other entrepreneurs or replicated by other institutions or in other geographic areas
5. Credible
The venture should demonstrate credibility by benefitting a large proportion of society or marginalized groups and operating on the basis of do-no-harm principles and limiting negative external effects.
For more information and details, you can visit this link.
Subscribe to the latest funding opportunities, scholarships and other useful resources in Nepal. Click here.
