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NAVODYAMI 2011
Unleashing Entrepreneurship Locally

Call for Applications

Background Deshpande Foundation (India) is proud to launch Navodyami 2011. Through this competition, we aim to encourage the growth of small businesses in the districts of Belgaum, Dharwad, Gadag, Haveri and Uttar Kannada-otherwise known as the Sandbox region. Deshpande Foundation, founded by Gururaj (Desh) and Jaishree Deshpande in 1996 promotes social entrepreneurship by hosting, supporting and guiding dynamic individuals dedicated to generating innovative, scalable ideas, in the Sandbox. The Deshpande Foundation is seeking innovative ideas that can be turned into successful enterprises. Winning ideas will be awarded seed capital and technical assistance. A panel of successful entrepreneurs will screen for the best business ideas in two phases: 1. Phase 1: Screening of Business Ideas Business ideas will be screened for eligibility and participation in Phase 2. 2. Phase 2: Further Screening based on Business Plan The selected participants will receive support from the Deshpande Foundation in creating a formal business plan. Afterwards, these plans will undergo another screening process. The time line of the competition is as follows: Applications will be available at the Deshpande Foundation office from Last date to receive applications Last date to submit applications Notification of participants selected to enter Phase 2 Mentorship and technical assistance session begins Mentorship and technical assistance session ends Announcement of final winners 1st June,2011 11th July,2011 15th July, 2011 26th July, 2011 1st August, 2011 15th September, 2011 17th September, 2011

Ideas will be awarded seed capital in three categories: Category 1: Less than 1 lakh rupees Category 2: 1 -3 lakh rupees and Category 3:Up to 5 lakh rupees Eligibility Criteria The business should operate in one or more of the five districts of Belgaum, Dharwad, Gadag, Haveri and Uttar Kannada. Should be environment friendly and follow ethical practices. Must have the scope of becoming viable in the foreseeable future.

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Please Note Applications cannot be made in groups. Only one person is allowed to submit one application. There will be a per application fee of Rs. 100, Rs. 200 and Rs. 500 for Category 1, Category 2 and Category 3 respectively. It is to be paid via Demand Draft addressed to Deshpande Centre for Social Entrepreneurship along with the application. Applicants will be intimated only if they are selected for the training sessions All mentoring sessions will be held at the Deshpande Center for Social Entrepreneurship (DCSE) of the Deshpande Foundation. The participants will need to bear the transport charges to reach Hubli in addition to the travel, accommodation and food expenses at Hubli itself. Contact Details Deshpande Centre for Social Entrepreneurship BVB College of Engineering and Technology Vidyanagar, Hubli-580 031 Karnataka, India 0836-237-8500 navodyami@dfmail.org Terms and Conditions The applicant is required to read and sign the Terms and Conditions document before submitting the application form -The applicant hereby agrees and guarantees that his/her idea is original, is his/her property, is not under any dispute and that he/she is not under any legal obligation preventing him/her from submitting or revealing the idea for the competition. The Organizer of the competition, Deshpande Foundation, reserves the right to reject or exclude an idea from the competition if it is found to be disputed, coming from a person ineligible to participate or is against the principles and ethics of the Foundation. - The Organizer reserves all the rights to selection, judgement and award of money as well as to change the rules without notification. -The decision of the Selection Panel will be final and binding with respect to the selection of the winners of the competition. No requests or demands may be made by the participants to the Selection Panel to change their decision. -The Organizer is not legally liable to offer mentorship and technical assistance to the participant. Further information about the mentorship and training sessions will be provided separately to selected individuals prior to commencement. -The Selection Panel will be asked to keep all the submissions confidential. No part of your submission will be revealed except a summary for advertising purposes. -Confidential Information does not include information received from or disclosed by a third party without any breach of obligations of confidentiality, disclosure of information already known publicly or information disclosed following a Court Order. -The applicant agrees to exempt the Organizer of any legal liability that may arise from participation in the competition. Participant Declaration I hereby declare that I have read, understood and agreed to all the aforesaid Terms and Conditions and the information I have provided is accurate to the best of my knowledge.

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Date:

Application No:

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Application No:

NAVODYAMI 2011
Unleashing Entrepreneurship Locally

APPLICATION FORM
Please read competition rules and guidelines completely before filling up the application Details to be filled in a neat and legible handwriting in capital letters only

1. Name of the applicant:

2. Date of Birth:

Age:

Sex (Tick one): Male/ Female Email Id:

3. Mobile Number/s: 4. Postal address:

5. Educational Qualifications (highest attained): Less than 10th Class 10th Class P.U.C I.T.I J.O.C

Bachelors degree or more

please specify if bachelors degree or more

6. Award Category you are applying to: Less than 1lakh rupees 1-3 lakh rupees Up to 5 lakh rupees

7. Language and Computer Proficiency Language English Kannada Other Computer Ability to use basics such as MS Word, Excel and internet browsing Good Average None

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8. Please tell us briefly about your business idea (Please be as specific as possible)

9. How is your idea unique?

10. Where in the Sandbox (Uttar Kannada, Belgaum, Dharwad, Haveri and Gadag) will the enterprise be based?

11. Please describe who will be your customers/clients? Give examples of the same.

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12. Who will be your competitors? How are you better than them?

13. Describe how you will make your business viable and how long it will take to recover the seed money.

14. What are some of the risks/ challenges you expect to face? How do plan to manage these risks?

15. What is the initial investment required to start the business and how will you spend it?

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16. Other than the award money, what other sources of funds do you have? Please mention the sources and volume of money you expect to access from each of them?

17. In addition to the money, what other support do you require? E.g. training, mentorship etc.

18. Do you have any past experience in running an enterprise? Yes

No

If no, please skip this section. If yes, please answer the following questions Business 1 When did you start the business? Business 2 Business 3

Until when did it run?

Was it in partnership or owned by a single person? How many people worked there?

How much capital was invested?

What was maximum profit/year you earned

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19. What were the challenges you faced in running the enterprise? How did you overcome the challenges? What let to its downfall? (if applicable)

20. If selected to enter into Phase 2, you would be required to go through a series of workshops and mentoring sessions. Would you be able to make a time commitment of about forty days between 1st August and 17th September, 2011? Yes No ________________________________Application ends here_______________________________________ Important The application must be sent via registered post to Deshpande Centre for Social Entrepreneurship, BVB College of Engineering and Technology, Vidyanagar, Hubli-580 031 Karnataka, India Email address: navodyami@dfmail.org; Phone: 0836-2378500 Demand Draft for application fee (Rs. 100 for less than 1 lakh rupees; Rs. 200 for 1-3 lakh rupees and Rs. 500 for up to 5 lakh rupees) should be made payable to Deshpande Centre for Social Entrepreneurship Applications must reach the Deshpande Foundation Office by 5 pm on 15th July, 2011 If selected to enter Phase 2, you will be notified by 26th July, 2011.