Noida: The Social Entrepreneur of the Year (SEOY) India award 2019 will be presented on 3 Oct coinciding with the ‘India Economic Summit’ of the World Economic Forum and Confederation of Indian Industry.
This year will see the addition of two new parameters of ‘Market-based’ and ‘Technology-enabled’ solutions. Over 120 applicants from 19 cities will take part in the competition with over 30 applications are from women social entrepreneurs. Health sector receives the highest number of applications with 43% followed by education at 40%, environment at 27% and rural development at 26%. Around 20% of the entries are from women empowerment.
New categories are also included such as enterprise development, disability, water & sanitation, labour conditions, microfinance, housing, fair trade, energy, sustainable farming, communication media, clean technology, and nutrition.
In 2010, the Jubilant Bhartia Foundation and Schwab Foundation for Social Entrepreneurship, a sister organisation of the World Economic Forum came together to promote social innovation in India through the Social Entrepreneur of the Year (SEOY) India Award.
The annual awards recognise entrepreneurs who implement innovative, sustainable, and scalable solutions. These entrepreneurs address pressing issues faced by under-served communities to make inclusive growth a reality in India.