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Spark the Rise
Spark the Rise A Mahindra Group Initiative
September 2012
Spark the Rise
Contents
What is Spark the Rise?
How does it work?
How can I participate?
Key questions that are answered in this presentation
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For more information email [email protected], or visit www.sparktherise.com
Spark the Rise
What is Spark the Rise?
Spark the Rise
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
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
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
What’s in it for YOU?
Spark the Rise
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
How does it work?
Spark the Rise
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
5 winners from the 18 finalists are awarded a further grant
Top 18 Sparks across the four rounds will enter a Grande Finale in March 2013
These monthly Sparks are awarded a grant by Mahindra
12 Sparks (8 projects + 4 ideas) chosen monthly by a combination of public vote
and jury selection
Entries submitted online every month for 4 months, as per a specified calendar
Program went live on 17 Sep. 2012 and runs until March 2013
Spark the Rise
Who can participate?
Spark the Rise
Individuals or
Teams
Institutions NGOs
Businesses
Institutions = Educational Institutions, Not-for-profit labs, Societies & Partnerships
Spark the Rise
Does the person(s) have relevant experience? Are they uniquely positioned and driven to make it work?
Does the plan look achievable? Is it scalable and/or replicable? If this Spark receives a grant, is it likely to succeed?
Is the Spark creative or original? Does it demonstrate alternative thinking that we can learn something new from?
INNOVATION
* May be subject to last minute change. Refer to the Spark the Rise website on/after 17 Sept. for the final details
Framework for Evaluating Sparks (Projects & Ideas)*
The jury will give priority to awarding grants to projects that could not be implemented otherwise.
How much will it affect the target group’s lives? How many people will it help? Is it a one-time improvement or a long-term continuous change?
IMPACT INNOVATION FEASABILITY TEAM
Spark the Rise
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
13
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
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
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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
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 Cycles*
Round Submission Period Voting Period Announcement of
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
Finale
25 Feb – 15 Mar, 2013 (Tentative) Date TBD
Spark the Rise
How can I participate? Multiple avenues exist…
Spark the Rise
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.
Enter your Spark
Spark the Rise
Anyone can Spark the Rise. You 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.
Spread the spark
Spark the Rise
An idea may need your help to
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.
Volunteer or Vote for a Spark
Spark the Rise
So—you can enter your Spark, 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!
Debate the Sparks
Spark the Rise
Thank you Visit our website at www.mahindra.com
For more information, you can email [email protected], or visit sparktherise.com
Spark the Rise
Spark the Rise
Disclaimer
The information herein is subject to change without notice. Terms and conditions apply. Please refer to www.sparktherise.com for more information. Mahindra & Mahindra herein referred to as M&M, and its subsidiary companies provide a wide array of presentations and reports, with the contributions of various professionals. These presentations and reports are for informational purposes and private circulation only and do not constitute an offer to buy or sell any securities mentioned therein. They do not purport to be a complete description of the markets conditions or developments referred to in the material. While utmost care has been taken in preparing the above, we claim no responsibility for their accuracy. We shall not be liable for any direct or indirect losses arising from the use thereof and the viewers are requested to use the information contained herein at their own risk. These presentations and reports should not be reproduced, re-circulated, published in any media, website or otherwise, in any form or manner, in part or as a whole, without the express consent in writing of M&M or its subsidiaries. Any unauthorized use, disclosure or public dissemination of information contained herein is prohibited. Unless specifically noted, M&M or any of its subsidiary companies is not responsible for the content of these presentations and/or the opinions of the presenters. Individual situations and local practices and standards may vary, so viewers and others utilizing information contained within a presentation are free to adopt differing standards and approaches as they see fit. You may not repackage or sell the presentation. Products and names mentioned in materials or presentations are the property of their respective owners and the mention of them does not constitute an endorsement by M&M or its subsidiary companies. Information contained in a presentation hosted or promoted by M&M is provided “as is” without warranty of any kind, either expressed or implied, including any warranty of merchantability or fitness for a particular purpose. M&M or its subsidiary companies assume no liability or responsibility for the contents of a presentation or the opinions expressed by the presenters. All expressions of opinion are subject to change without notice.
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