What is Spark the Rise
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Spark the Rise is an initiative by the Mahindra Group that provides a platform for individuals and organizations to propose innovative projects aimed at helping communities in five key areas: technology, transportation, energy, agriculture, and social entrepreneurship. Participants can submit projects to receive grants, mentorship, and visibility, with a total pool of 1.6 crores in grants available across multiple rounds. The program encourages collaboration and community engagement to promote impactful ideas, running from September 2012 to March 2013.
What is Spark the Rise
- 1. Spark the Rise A Mahindra Group Initiative September 2012 Spark the Rise
- 2. 2 Contents Key questions that are answered in this presentation What is Spark the Rise? How does it work? How can I participate? For more information email questions@sparktherise.com, or visit www.sparktherise.com Spark the Rise
- 3. What is Spark the Rise? Spark the Rise
- 4. Spark the Rise is a platform where “project champions” can submit Sparks in 5 categories and where volunteers can get involved to help people Rise. The 5 categories are : • Technology • Infrastructure & Transportation • Energy • Agriculture & Rural Development • Social Entrepreneurship (includes Health, Education, Arts & Culture, Sports and Environment-related fields) Spark the Rise
- 5. A Spark is a project or idea that challenges conventions and innovates to help people Rise. Anyone can create a new project or idea, or submit existing projects in the specified categories and seek support from the public. Applications can be made online on sparktherise.com Spark the Rise
- 6. What’s in it for YOU? Spark the Rise is a collaborative platform of social entrepreneurs across India. By joining the community, you: • Can win a grant of up to 40 lakhs • Gain visibility for your Spark • Find volunteers, investors, equipment, and experts • Connect and learn from like minded people and organizations Spark the Rise
- 7. The journey so far We received over 6000 submissions from August 2011 until April 2012 1,463 entries were approved and published on Spark the Rise. Mahindra funded approx. INR 3 crores in grants that were distributed across 48 winning projects 1,032 supporters got involved 743 volunteers came forward 473 experts gave advice Spark the Rise
- 8. How does it work? Spark the Rise
- 9. In each round, 12 Sparks will receive grants ranging from INR 2 – 4 lakh each. Winning Sparks are selected by a combination of public voting and jury evaluation. These Sparks will be provided with mentors and specialized training. After 4 rounds, we will select 18 Sparks to enter a Grand Finale to become eligible to receive additional grants. Spark the Rise
- 10. Program went live on 17 Sep. 2012 and runs until March 2013 Entries submitted online every month for 4 months, as per a specified calendar 12 Sparks (8 projects + 4 ideas) chosen monthly by a combination of public vote and jury selection These monthly Sparks are awarded a grant by Mahindra Top 18 Sparks across the four rounds will enter a Grande Finale in March 2013 5 winners from the 18 finalists are awarded a further grant Spark the Rise
- 11. Who can participate? Institutions NGOs Individuals or Businesses Teams Spark the Rise Institutions = Educational Institutions, Not-for-profit labs, Societies & Partnerships Spark the Rise
- 12. Framework for Evaluating Sparks (Projects & Ideas)* IMPACT INNOVATION TEAM INNOVATION FEASABILITY How much will it Does the person(s) Is the Spark Does the plan look affect the target have relevant creative or achievable? Is it group’s lives? How experience? Are original? Does it scalable and/or many people will it they uniquely demonstrate replicable? If this help? Is it a one- positioned and alternative thinking Spark receives a time improvement driven to make it that we can learn grant, is it likely to or a long-term work? something new succeed? continuous from? change? The jury will give priority to awarding grants to projects that could not be implemented otherwise. * May be subject to last minute change. Refer to the Spark the Rise website on/after 17 Sept. for the final details Spark the Rise
- 13. 13 Monthly Rounds: Total pool of grant money* 12 Grants per month • 8 project grants of 4 lakh each • 4 idea grants of 2 lakh each Round 1 (8 x 4) lakh + (4 x 2) lakh 40 lakh Round 2 (8 x 4) lakh + (4 x 2) lakh 40 lakh Round 3 (8 x 4) lakh + (4 x 2) lakh 40 lakh Round 4 (8 x 4) lakh + (4 x 2) lakh 40 lakh Total: 1.6 crores * May be subject to last minute change. Refer to www.sparktherise.com for the final details. Spark the Rise
- 14. 14 Grand Finale: Total pool of grant money* 5 Grants • 3 project grants: 1 of 40 lakhs & 2 of 20 lakhs • 2 idea grants: 1 of 20 lakhs & 1 of 10 lakhs 1 Project Winner 40 lakhs 40 lakh 2 Project Runner-ups 2 x 20 lakhs 40 lakh 1 Idea Winner 20 lakhs 20 lakh 1 Idea Runner-ups 1 x 10 lakhs 10 lakh Total: 1.1 crore * May be subject to last minute change. Refer to www.sparktherise.com for the final details. Spark the Rise
- 15. Spark the Rise Cycles* Announcement of Round Submission Period Voting Period Winners 1 17 Sep – 05 Oct, 2012 11:59:59 PM IST 06 Oct – 21 Oct, 2012 01 Nov 2012 2 Upto 31 Oct, 2012 11:59:59 PM IST 01 Nov – 21 Nov, 2012 01 Dec 2012 3 Upto 30 Nov, 2012 11:59:59 PM IST 01 Dec – 21 Dec, 2012 02 Jan 2013 4 Upto 31 Dec, 2012 11:59:59 PM IST 01 Jan – 21 Jan, 2013 02 Feb 2013 Grand 25 Feb – 15 Mar, 2013 (Tentative) Date TBD Finale A 3-day training and on-ground event in April 2013 to recognise all the winners of the Grand Finale * May be subject to last minute change. Refer to www.sparktherise.com for the final details. Spark the Rise
- 16. How can I participate? Multiple avenues exist… Spark the Rise
- 17. Enter your Spark Got an idea that will help people to Rise? The best way to encourage people is to lead by example. Convince your peers to start or support a Spark with you. Enter and show others that there are those who accept things as they are, and those who Rise to change. Spark the Rise
- 18. Anyone can Spark the Rise. You Spread the spark may know people with great ideas that will help other people Rise. Word of mouth is very effective for collaborative concepts such as Spark the Rise. The most-voted projects will receive grants from Mahindra, so this is a real opportunity for people you know to get involved in the movement. Spark the Rise
- 19. Volunteer or Vote for An idea may need your help to a Spark get off the ground or scale up. Put your resources where your mouth is and get involved in the Spark(s) of your choice. Think you’ve spotted a great idea? Help it win! Vote for the Spark and inspire others to vote, too. Spark the Rise
- 20. So—you can enter your Spark, Debate the Sparks volunteer to help a Spark or vote for your favourite Spark. What else can you do? Participate in discussion forums. Voice your opinions on topics concerning how India can Rise or how the world can be made a better place! Spark the Rise
- 21. Thank you Visit our website at www.mahindra.com For more information, you can email questions@sparktherise.com, or visit sparktherise.com Spark the Rise
- 22. Spark the Rise
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