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Marico Innovation Foundation started the Innovations for India Award to identify and award innovations that hold potential to generate large scale impact. Marico enlisted Ennovent as its knowledge partner to identify the eligible innovations in the social space in India.
Ennovent networked with various stakeholders and organizations to identify and select the relevant eligible for-profit and not for profit organizations with path-breaking innovations in the social space. Around 1000 organizations (both public and private) and entrepreneurs were contacted during the project to source high-quality applications.
Within a span of a few weeks, Ennovent sourced 330 high-quality applicants in the Social category. Out of these high-quality applications, three organizations were felicitated for their breakthrough innovations in the social sector in India.
Dear Friends,
Thank you for your interest in Ennovent! We closed down Ennovent’s operations at the end of March 2024.
We had been deliberating about continuing our work in the changing overall market and impact space during the last year. The decision to close came after careful consideration of major policy shifts, changing funding priorities and market challenges that have significantly affected our business model.
Reflecting on our journey since 2008, we are filled with great pride in the legacy Ennovent leaves behind. We have been a catalyst for more than 250 ventures across 40 countries through our involvement in 90 projects. Our mission has always been to promote businesses with sustainable solutions for low-income markets, a goal that we pursued with unwavering commitment. As we move forward, our team members remain dedicated to pursuing lasting sustainable impact through their future endeavours.
We deeply appreciate your support and patronage over the years.
Warm regards,
Team Ennovent
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