Network to Succeed

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Artha Venture Challenge 2014 – Apply


The Artha Venture Challenge is an interesting opportunity for social enterprises – a national challenge seeking to identify and reward up to 15 social ventures in India.

The Artha Venture Challenge is an intensive 12-month program that is designed to social enterprises to raise investment of between INR 30 lakh to 100 lakh (USD $50,000 to $200,000). The AVC makes it easier to attract early stage, patient capital by providing up to INR 30 lakh (USD $50,000) of match funding. AVC works with early stage social enterprises to build a compelling growth story, finding investors, making strategic connections and supporting you as an entrepreneur during the journey.

AVC is looking for up to fifteen ambitious social ventures to grow their enterprises to deliver impact at scale in India. Ventures selected as part of the Artha Venture Challenge cohort will get:
• The exclusive opportunity to apply for INR 30 lakh (USD $50,000) funding if matched by at least the same amount in co-investment
• Exposure to a closed network of impact investors
• Connection to a network of experienced entrepreneurs, specialists and business leaders
• Investment readiness support including pro bono legal services
• Profiled as ‘one to watch’ amongst the top fifteen most high potential social entrepreneurs in India
Enterprises based in India operating in agriculture, energy, water, livelihoods and other sectors that have completed proof of concept and are seeking growth investment are invited to apply. Nominations and applications are open until June 11, 2014.

The enterprise selected as part of the final cohort, will receive tailored access to experienced mentors, connections to a closed group of impact investors, significant media coverage and the opportunity to pitch for USD 50,000 in equity investment if matched by the same amount in co-investment.

Feel free to submit your application by this week. Given your work, I encourage you to review the selection and eligibility criteria in full and take advantage of this unique opportunity.

Should you have any questions regarding this challenge, please feel free to contact us.

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posted under Competitions

This is a forum for entrepreneurs and professionals to connect, learn and grow with each other. The objective of this blog is to give you access to relevant resources, business opportunities and networking opportunities to enhance your entrepreneurial and professional lives.

About Author:

Digbijoy has a wide ranging experience across diverse sectors, initially started his career in education marketing with reputed educational institutes and then subsequently joined the advertising and events industry to execute several projects including a state election campaign for a national party, conceptualizing and running a restaurant chain in Delhi and several other projects.

He joined the Delhi chapter of The Indus Entrepreneurs (TiE Delhi), where he worked for over 3 years and drove various key initiatives like mentoring, deal flow, marketing, sponsorships etc and left his last position as Associate Director of the chapter in 2008 to pursue his entrepreneurial ambitions. He subsequently joined techTribe- India largest Career Networking platform where he served as director strategic relations and drove unique initiatives and partnerships for building and sustaining community engagement. Post techTribe he co founded an online supplemental education start-up – TenMarks Education INC. which was acquired by in October 2013.

Post TenMarks he lead Ennovent India as its country director which is an innovation accelerator. Ennovent provide services to accelerate innovations for sustainability in low-income markets in developing countries. It specializes in helping clients discover enterprises with novel solutions, develop business models to start-up enterprises, provide finance by facilitating early-stage investments and grow operations to scale profit and impact. Since 2008, Ennovent has worked with over 4,800 Network members, 15 Circle members and 10 Solution clients to accelerate over 80 innovations in 10 countries.

Currently Digbijoy Co-leads the Startup Program for Amazon Internet Services Pvt Ltd enabling the best startups leverage the power of cloud.

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