A Welocity Initiative

We are not looking for the same old

business ideas

We are looking for exciting, innovative plans for

incorporating sustainable ESG solutions into
businesses.

Focus:

Environmental Social Good

Sustainability Responsibility Governance

Find the framework for your business idea here!

 “ To change something, build a new model
that makes the existing model obsolete.
- Buckminster Fuller

Welcome
Dear Disruptors
Today, ESG dominates the boardroom, and indeed our very future. The
world over, stakeholders are engaging with organizations that are
attentive towards environmental sustainability, social responsibility, and
good governance. Investors are also analyzing a company’s sustainable
ESG execution plan before putting their money in it.

Amidst this, Welspun Group endeavours to bring together young talent

with innovative and disruptive ideas to incorporate sustainable ESG
solutions into the business.

Here, Welspun Group is not looking for the straight and simple. Instead,
the quest is for ideas that seek to do good by disrupting the current
order. We’re looking for groundbreaking ideas, breathtaking impact -
the beginnings of a Unicorn. An innovation that stands out with a
mind-boggling, staggering idea that throws the industry off-kilter, while
restoring the balance in the world around us.

If you have what it takes, Welspun Group will invest in you.

We know businesses are not built in a day. But if you have a

game-changing idea, we will guide you through it. The top teams
filtered from the registrations received in round 1, will attend
masterclasses with business leaders from Welspun, who will support the
development of the concept and prepare the idea further before
presenting it to the investors.
 Framework for your business idea:

Governance: ESG Investing: Economic

Activism:
Environmental and Practices, Governance as a
social issues Process and driver for change
Challenges

1. Governance: Environmental and social issues

You're right, one person can't change the world. But one system can. That's
where Governance comes in. Got an idea that saves the earth but doesn't burn
a hole in the company's pocket?

We are looking for ideas that re-imagine governance to reduce

environmental and social impact. For instance, suppose we want to add
environmental and social aspects like utilizing STP (sustainability and
transformation plan), assessing a social impact project, or gathering
information on various parameters like energy, emissions, and more. Can you
disrupt the status quo and make governance all simple, effective and green?

Challenge:
How can Governance be made more real-time, less paper-driven, 100%
data-driven and accurate?

2. ESG Investing: Practices, Process and Challenges

Yes, everyone is getting serious about sustainability but it is yet to get

mainstream in the investment community.

For business, investing in development and implementation of ESG strategies,

climate-friendly sources like solar or raw material for instance, calls for a huge
capital expenditure. Also, the end product may not meet specific product
criteria as the vendor or provider of such raw materials may not be willing to
invest or change their practices as ESG is still an emerging theme.
 Challenge:
While regulatory policies and customer expectation will help speed up this
process, what else can be done to enable this transition faster? Our goal should
be to move ESG to the centre of investing and decision making in the near
future.

3. Economic Activism: Governance as a driver for change

These uncertain times have been a wake up call to realize the threat of our
actions on the surroundings. As consumers realize that, they will only buy
products and services that show concern for the communities and their
economic, social, and environmental problems.

As an organization, we want to identify the future issues that concern us and

prepare products and services to solve them. This is where Governance will play
a significant role. For instance: If a project or product is evaluated, we will
measure its impact on Environment and Society alongside just profitability.

Challenge:
Though we strive to achieve an increased level of transparency, how can we
actually do it?

Submission guidelines:

1. In the first round, teams

will have to submit their
2.
ideas in the form of an
executive summary
The executive summary
must be in the form of a
3.
1-page document, or a
2-slide ppt or a 2-minute
video not exceeding 15
MB. This executive
summary must be
submitted through
Dare2Compete
Details of the executive
summary must include:
Theme (mention if the
problem statement comes
under Environment, Social
or Governance issues)
The problem statement
Analysis/proposed solution
to the problem statement
(your big idea)
Execution (in brief your
strategic plan/structure to
reach organizational goals)
Impact (in terms of cost,
time impact, impact on
beneficiaries or similar)
Naming convention:
TeamName_Theme
 Criteria for shortlisting: What’s in store for you:

1. Problem identification and 1. Seed funding of 10 lacs or

relevance above to selective teams

2. Innovativeness and creativity 2. The Welspun Group

in building the solution merchandise

3. Feasibility of implementation 3. Certificate of

participation
4. Impact

All college students above the age of 18

Eligibility
Only teams of 2-4