UnLtd India seeks exceptional individuals with ideas for social change

Wednesday April 06, 2011 , 2 min Read

images/stories/latestnews3/unltd-india.gif — UnLtd India seeks exceptional individuals with ideas and initiatives for social change. These start-up social entrepreneurs, or "investees," will have access to expert mentoring, diverse networks and start-up funding to help maximise the impact of their work.

Over the past four years, UnLtd India has supported close to 75 investees. Individually, these start-ups have achieved great things, from educating drop-outs through football to empowering villages through rural tourism. Collectively, UnLtd India investees are a diverse, powerful force for social change.

If you have an idea to make change happen or are an early-stage social entrepreneur yourself, visit UnLtd India's Become an Investee page to apply. Deadline for this investee batch is 30th April 2011.

What the program offers:

Seed funding: to pay for critical early start-up costs and support for your venture as you build it to a sustainable level
Hands-on coaching and training: on business and financial planning, fundraising, legal structures, governance, marketing and HR management
High-value connections: linking you with mentors, peers and experts in their field, and further funders and investors

UnLtd India offers three levels of support:

Level 1 support is designed for you to start or pilot a new initiative, usually part-time over and above your day job: this encompasses up to Rs 80,000 of seed funding, along with an average of 160 hours of hands-on support over the course of a year.
Level 2 support is designed to propel your existing high-potential early-stage project towards greater impact and sustainability: this encompasses up to Rs 2 Lakhs of further funding, along with an average of 220 hours of hands-on support over a year.
Level 3 support is designed to provide your social business the loan capital it needs to grow. Up to Rs 20 Lakhs of loan financing is available, repayable over three years, along with a customised support package over the period of the loan. Our Level 3 Social Business Fund is a joint initiative between UnLtd India and the Edmond & Benjamin de Rothschild Foundations.