The private sector and development policy have a common interest in shaping political, legal and social frameworks that promote development in developing countries. Within the framework of the public–private partnership (PPP) concept, GIZ, SIDBI and 91springboard have decided to work hand-in-hand in development partnerships (PPP measures). The objectives-oriented combination of the partners’ various strengths creates new opportunities for positive development impetus.
The Vision of The Program is to Recognise & Support Social Enterprises in India, while Filling-Up a Gap in the Responsible Financing Ecosystem, Igniting Investments in the Sector and Creating Meaningful Outcomes for the Enterprises.
Capital efficient Social Enterprises, backed by a strong teams and innovative practices, were selected by investors for further discussions. Priority was given to start-up enterprises in early stage revenues, than those in idea stage. Enterprises aiming to create multiple bottom line returns were preferred as they enable wider impact.