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EdelGive Foundation launches the EdelGive Social Innovation Honours 2011
Posted 15th Oct. 2010

EdelGive Foundation launches the EdelGive Social Innovation Honours 2011

* To identify and reward organisations that are innovating to empower women in India

* INR 50 Lakhs to be awarded to the winners across 5 categories

* Application to be submitted latest by October 23, 2010


Raipur, 15th October, 2010: EdelGive Foundation, the philanthropic arm of Edelweiss Capital Ltd has announced The EdelGive Social Innovation Honours 2011. These awards aim to identify and reward organisations that are innovating to empower women in India. The objective is to showcase and support organizations, who with their unique approach tackle the many challenges that woman face in India.

Prize money of Rs. 50 Lakhs will be awarded to the winners across the five categories of health & well being, education, economic security & livelihoods, social and cultural rights and governance.

Last day of application for the Awards is October 23, 2010 which will be followed by the short listing of entities. The recipient organizations will be selected after a four stage evaluation process which includes an initial application, short listing by an internal jury, visits by field assessors from the Tata Institute of Social Sciences (TISS) and final selection by an external jury of prominent members from the corporate, media and social sector. The panel in the last two years has consisted of Harsh Mander, Human Rights activist & author, Zia Mody, Corporate lawyer and founding partner of AZB Partners, Shekhar Gupta, Editor-in-Chief of Indian Express, Vineet Rai, Founder, Aavishkar, Venkat Ramaswamy, Executive Director, Edelweiss Capital Limited, Amrita Patel, Chairperson, NDDB, Deep Joshi, Founder, PRADAN, Farida Lambay, Co-Founder Pratham & Vice Principal, Nirmala Niketan College of Social Work.

The selection process will be supported by Ernst and Young as process advisors and official tabulators and Tata Institute of Social Sciences as field assessors.

According to Ms. Vidya Shah, Executive Director and Head, EdelGive Foundation, “In India, a high number of women and girls remain marginalised and disempowered. Through these awards we sought to raise awareness of issues surrounding the girl child and to support organizations with original approaches to tackle these challenges. We will further promote sharing and learning of these ideas amongst the private and public sectors”

The winners of the Edelweiss Social Innovation Honours 2011 will be announced on March 8, 2011 to coincide with International Women’s Day.

Last year, 281 organizations participated across 17 states working in the health & well being, education, economic security & livelihoods, social and cultural rights and governance sectors.

About EdelGive Foundation

EdelGive Foundation is the philanthropic initiative of Edelweiss Capital Limited, one of India’s leading and fastest growing diversified financial services firms. The Foundation provides strategic direction to the philanthropic activities of Edelweiss, its employees, clients and associates.

EdelGive’s key priority is to create educational and livelihood opportunities for under-privileged youth. This is achieved by bringing an investment banking and venture capital approach to the social sector. By using the human, financial and intellectual resources from their parent company, Edelweiss, EdelGive Foundation aims to enrich and broaden the impact of entrepreneurial activities of non-profits in India. To learn more about the EdelGive Foundation,

About Edelweiss Capital:

Edelweiss, India’s leading diversified financial services company, offers a large range of products and services spanning across asset classes and consumer segments. Its businesses are broadly divided into Investment Banking, Brokerage Services, Asset Management and Financing. The company’s research- driven approach and proven history of innovation has enabled it to foster strong relationships across corporate, institutional and individual clients. The Mutual fund and Retail Broking businesses along with the acquisition of Anagram Capital have paved the way for Edelweiss to cater to the large retail client segment. Edelweiss’ presence in India now covers over 340 offices pan India. To learn more about the Edelweiss Group.

Above Business Release Sourced by Citiesbazar through
VISHAL MEDIA (P.R.Agency), Mobile 098266-23100, Email- pr@vishalmedia.com

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