DELHI, February 13, 2014 - The
World Bank Group announced today the launch of the 2014 India Development
Marketplace (DM) call
for proposals so that
organizations in Indiacan access overall funding of over $1 million for
implementing innovative service delivery approaches in the Northeastern states
of Assam, Mizoram, and Meghalaya.
The DM is a competitive grant-based program that identifies and
supports nonprofit and for-profit organizations that effectively deliver
crucial services to the poor. The DM also analyzes effective practices of these
enterprises in order to expand innovative solutions in getting crucial services
to poor populations.
Following
the success of the 2013
India Development Marketplace, the 2014 competition focuses on
enterprises that target the Northeastern states of Assam, Mizoram, and
Meghalaya. In 2014, the Development Marketplace will award approximately 10
organizations with grant funding up to $150,000 (INR ₹94 lakhs). In addition to
the financial resources, the grantees will be supported through a tailored
capacity development program delivered with the local partners. Jointly with
the South Asia Inclusive Business Models Group of the International Financial
Corporation (IFC), a member of the World Bank Group, the DM will contribute
analytical work, evaluation of results, dissemination of lessons of experience
from peers, and dialogues with investors and governments.
“IDM
2014 will provide an opportunity for innovative and committed social
enterprises from across the country, especially those in the North East, to
share their work and scale up/replicate them for improving delivery of key
services in Assam, Meghalaya and Mizoram,” said Onno Ruhl, The World
Bank’s India Country Director. “From providing medical services on boats in the flood affected
areas of Assam, to increasing access to cost effective microcredit for rural
entrepreneurs in Madhya Pradesh, previous editions of IDM have demonstrated
how, with the right kind of financial, knowledge and managerial support, social
enterprises can have a profound impact in the delivery of critical services to
the poor."
The
2014 India Development Marketplace is inviting proposals from social
enterprises that epitomize the objectives of the program; innovative
organizations that offer solutions to the most pressing social, environmental,
and economic problems. The final selection of grantees will be carried out by a
jury of well-known development experts. The jury will award approximately 10 social
enterprises with cash grants and technical assistance services for capacity
building. The specific details on eligibility and selection criteria are
available on the 2014 India Development Marketplace website (www.dm-india.com).
The final date to submit proposals is March 10, 2014.
DELHI, February 13, 2014 - The
World Bank Group announced today the launch of the 2014 India Development
Marketplace (DM) call
for proposals so that
organizations in Indiacan access overall funding of over $1 million for
implementing innovative service delivery approaches in the Northeastern states
of Assam, Mizoram, and Meghalaya.
The DM is a competitive grant-based program that identifies and
supports nonprofit and for-profit organizations that effectively deliver
crucial services to the poor. The DM also analyzes effective practices of these
enterprises in order to expand innovative solutions in getting crucial services
to poor populations.
Following
the success of the 2013
India Development Marketplace, the 2014 competition focuses on
enterprises that target the Northeastern states of Assam, Mizoram, and
Meghalaya. In 2014, the Development Marketplace will award approximately 10
organizations with grant funding up to $150,000 (INR ₹94 lakhs). In addition to
the financial resources, the grantees will be supported through a tailored
capacity development program delivered with the local partners. Jointly with
the South Asia Inclusive Business Models Group of the International Financial
Corporation (IFC), a member of the World Bank Group, the DM will contribute
analytical work, evaluation of results, dissemination of lessons of experience
from peers, and dialogues with investors and governments.
“IDM
2014 will provide an opportunity for innovative and committed social
enterprises from across the country, especially those in the North East, to
share their work and scale up/replicate them for improving delivery of key
services in Assam, Meghalaya and Mizoram,” said Onno Ruhl, The World
Bank’s India Country Director. “From providing medical services on boats in the flood affected
areas of Assam, to increasing access to cost effective microcredit for rural
entrepreneurs in Madhya Pradesh, previous editions of IDM have demonstrated
how, with the right kind of financial, knowledge and managerial support, social
enterprises can have a profound impact in the delivery of critical services to
the poor."
