Application Deadline: 05/29/2022
About Opportunity
Are you a non profit startup working on resilient livelihoods, and looking for mentoring, ecosystem connects & grants to accelerate your scale & impact? The first of its kind ₹40 crore startup fund designed to accelerate livelihoods focussed nonprofits that are ready to grow and scale.
Eligibility Requirements
- The startup works on solving a problem faced by India’s economically disadvantaged communities or a problem faced by the nonprofit ecosystem.
- The solution being worked on provides resilient livelihoods for the poorest of the poor or acts as a change transmitter providing financial, marketing or technology agency to the underserved for resilient livelihoods. High quality non-livelihoods focused applications will be selectively considered.
Benefits
- Growth / scale grant
- They offer a grant of ₹50 -200 lakhs,
- based on your potential to grow your impact, and achieve meaningful scale
- Organizational mentoring
- Founders as well as leadership team members will receive mentoring and hands-on support for 12-24 months
- Ecosystem connect
- They connect you to a supportive network of funders, experts and administrators who can accelerate your path to scale.
Application Procedure
The/Nudge Accelerator is a philanthropic fund to accelerate early-stage nonprofits. across the year on a rolling basis, they select organizations that have potential to achieve outsized impact, sustainably and invest deeply in them for a period of 12-24 months. During this time, The Nudge CSI Partners work closely with the founders while the The/Nudge CSI Mentors work closely with the organisations’ core teams to get their ideas in the best possible shape – ready to fundraise, hire and scale. Alongside, they offer an a grant of INR 50 lakhs in the first year and upto INR 150 lacs in the second year, a network of world-class mentors, and connects to potential partners who can accelerate their path to scale readiness.
Official Website: The/Nudge Accelerator offers 40 crore Startup Fund – India