Monday, November 17, 2008

The Day XL Jamshedpur Ran

I've posted a lot of entries on the XLRI Jamshedpur Dream Run.

The event happened on the 16th and was hugely successful with 300+ runners.

Prof Shukla has taken some awesome pictures to capture the spirit of the run which can be viewed as a slide show on http://lifeatxl.blogspot.com/

More pictures are visible on The Official - XLRI Dream Run Website

Note & Clarification from Prof:
Thanks for the support...
...and hope that funds keep coming in for the XLRI Social Entrepreneurship Trust

Let me also clarify about the nomenclatures (Donning my hat as the Secy of the XLRI Social Entrepreneurship Trust ;0) ...

1. XLRI Social Entrepreneurship Trust does not support "charity"... we know that those will be non-sustainable in the long-run

2. We support and nurture "Entrepreneurs with a Social Cause" - ventures which are potentially sustainable, and can make a difference to the society - and these, at present, are ventures promoted by the current-batch (09) students/entrepreneurs, who have formed/registered partnership companies to take-off (Paricha, Swavalamban, & Dream4Others

3.- What we do try to do from the Trust is (before starting to support them) to vet their plans, give them some ideas, connect them to people who may help... and give them some funds (VCs would call it "incubation fund") to start with their ideas...

4. So far, I guess, our judgement has been right - At least not "wrong"

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Sunday, November 09, 2008
XLRI's Social Projects sweep "Kalpavriksha"
Two Projects supported by XLRI Social Entrepreneurship Trust (*), Parichay and Swavalamban were judged 1st and 2nd respectively in the IIM Indore's Social Business Plan contest "Kalpavriksha" - a forum for self sustainable business plans with the potential to make a difference to society.

The two projects were selected from among 103 entries from across the B-Schools, and were judged by executives from
Aavishkaar India Micro Venture Capital Fund, IndianNGO.com and India Development Gateway

Besides the prize money, along with other finalists they will also receive mentorship by executives from IndianNGO.com and India Development Gateway, a capital market place for social ventures in India. They will also be able to put up their ideas on India Development Gateway.

As the winner of the event, Parichay will get a direct semi-final entry into the
Global Social Entrepreneurship Competition (GSEC) to be held at Foster School of Business in Seattle, USA (Feb 23-27, 2009)
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5. XL Students' 3rd Social Venture got online yesterday... please do check and register (if you have 5minutes):

ciao
madhukar

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