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Typical criteria for qualifying for discounts under the “Social enterprises” category:


Typical criteria Comments
Company must have a commercial business model
  • Sole proprietorship or private limited companies
  • Customer-driven revenue model
Nature of problems being addressed by company
  • Problems that if solved will produce significantly positive social impact, and/or
  • Problems that if solved will produce significantly positive environmental impact
Beneficiaries of company’s products & services
  • Marginalized, under-served sections of society; typically those who have limited ability to pay for products and services or have limited access
  • Significant enhancement in quality of life, productivity, upward mobility of the economically weaker sections of the society
Nature of proposed solution
  • Knowledge/ science/ technology intensive
  • Typically, frugally engineered products and services
Some other indicators
  • Investment from established social venture funds
  • Benevolent pricing

Notes:
  1. Criteria are subject to change from time to time.
  2. The final decision on eligibility for discounts under this category rests with the Venture Center.