Gurugram (Haryana) , Oct 25 : M3M Foundation, the CSR arm of M3M Group, is thrilled to announce the launch of its flagship Triveni Awards Program. This groundbreaking initiative is designed to empower social entrepreneurs across India’s 28 states and 8 Union Territories, offering financial grants ranging from INR 5 to 10 Lakhs. The program aims to drive transformative social change by providing innovators with resources and a platform to expand their impact, building a robust ecosystem for social entrepreneurship nationwide and enabling changemakers from remote areas to drive meaningful progress.
The initiative will identify over 50 promising social ventures, offering mentorship and financial support to more than 10 selected entrepreneurs. The program will culminate with an award ceremony in December 2024, where outstanding entrepreneurs will be recognized for their contributions.
Dr. Payal Kanodia, Chairperson & Trustee of M3M Foundation, highlighted the program’s importance in bridging key gaps in grassroots innovation. “The Triveni Awards reflect our belief that real change can be catalyzed by the untapped potential of social entrepreneurs, especially in rural and semi-urban areas. By providing essential financial and strategic support, we aim to help these innovators expand their impact and create lasting solutions to India’s pressing challenges.”
The need for this initiative is emphasized by the United Nations’ 2023 Sustainable Development Report, ranking India 120th out of 193 countries in its progress toward Sustainable Development Goals (SDGs). Despite the dedication of grassroots innovators to solving social issues, many face major challenges in securing financial backing, market access, and technical expertise needed to grow their solutions. The Triveni Awards Program aims to break down these barriers by offering essential funding for social entrepreneurs working in critical sectors, including healthcare, education, agriculture, clean energy, and financial inclusion.
Recognizing the concentration of entrepreneurial resources in urban centers, the Triveni Awards specifically focus on rural and semi-urban regions. The India Entrepreneurship Report 2023 indicates that over 70% of social entrepreneurs struggle to access seed funding or grants, limiting their potential impact. The Triveni Awards address this imbalance by selecting one promising social entrepreneur from each state, ensuring equitable financial resources and opportunities are accessible to innovators across India.
The program will engage a broad network of stakeholders to maximize its impact. “Applications for the Triveni Awards are now open across India!” If you’re driven to create change and a brighter future, we encourage you to apply. Don’t miss out on this transformative opportunity—register now and take the first step on your journey: [Apply Here: http://surl.li/qnpjki)
