Marico Innovation Foundation accepting applications for 3rd Innovation for India Awards

UPDATE: The deadline has been extended until October 31st. So anyone interested can still apply.

On March 12th, 2010 the Marico Innovation Foundation will announce the winners of it Innovation for India contest, which honors three categories: Business Innovation (Products/Services, Business Model and Innovation in social space by a business organisation); Social Innovation (innovation by a social organisation); and Public Services Innovation (innovations by Central or State governments or any wing of the government including public-private partnership).

Winners will receive a cash prize of RS 1 lakh and access to the foundation’s governing council for advice and support. For more information on the application process click here.

The Marico Innovation Foundation was formed in 2003 under the initiative of Dr. Ramesh Mashelkar. The Foundation’s Mission is to Fuel Innovation in India, by providing the nation with a belief that Innovation is possible and is the way to leapfrog India into the center stage of global business leadership. The Foundation also believes that a framework will enable leverage innovation for quantum growth. The foundation is steered by a governing council that oversees both its vision and direction.

Once again go here for the application and additional information.