About IRMA:

IRMA is a premier institution of professional learning offering Management programmes with a focus on understanding real management problems and socio-economic realities of under-served communities through intensive fieldwork.

Founded by Dr. Verghese Kurien in 1979, IRMA is focused on creating management professionals who can bring about sustainable, ecologically-friendly and equitable growth by applying their management acumen at the grassroots level and influencing the public policy narrative at the national and global levels.

About IRMA ISEED Foundation (ISEED):

Over four decades, IRMA has worked towards supporting the rural economy realizes its potential. To take this agenda forward, IRMA has set-up its incubator, IRMA ISEED Foundation (ISEED), to support enterprises in the social domain. Incubator for Social Enterprises and Entrepreneurs for Development (ISEED) at IRMA, started in August 2016, supports and nurtures early -stage rural, social, and collective enterprises.

ISEED encourages individuals and institutions to experiment with empathy helping them innovate new products, services, and institutions that impact livelihoods. We incubate social, grassroots, and collective enterprises. We work with our Social Enterprise Partners (SEP) and Ecosystem Partners (EP) to cocreate a dynamic and vibrant social entrepreneurial ecosystem. Supported by the Department of Science and Technology (DST), ISEED is one of the few germinators and incubators that see the need for India’s start-up ecosystem to be pro-actively inclusive by working with both for-profit and not-for-profit enterprises.

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About the Social Trailblazer Program:

The IRMA iSEED Foundation along with the support from LIC Housing Finance Ltd. has launched the Social Trailblazer program to nurture the evolving ecosystem of Indian Social Enterprises.

The goal is to promote the Social Enterprise programme so as to promote the development of social enterprise and social investment to help address entrenched social and environmental problems and deliver positive change in our communities and societies through Incubating 10 start-ups and supporting them with financial as well as technical assistance to build their capacity, make them market-ready and help them scale their business. 

Duration of Program:

  • 6 months

Location:

  • Training sessions will be online while few workshops and pitching sessions will be organized at Institute of Rural Management Anand (IRMA) Campus

Eligibility Criteria:

Early-stage startups and startups looking to scale up with the following considerations:

  • Demonstrating the existence of a legal structure: the challenge is open to startups registered in India
  • Addressing one of the two themes mentioned above or are working towards creating social impact in society.
  • Demonstrating the existence of a sustainable and autonomous economic model with a Minimum Viable Product or service ready stage and onwards
  • Social impact & Innovation are the heart of the solution
  • For-profit startups with more than 3 months of operations

Themes of the Program:

The ambition of the Social Trailblazer Program is to support distinguish players operating in the following key fields of intervention:

  • Livability:
    • Healthcare
    • Waste management
    • Clean Energy & Sustainable Mobility
  • Livelihood:
    • Art & Craft
    • Agribusiness
    • Education & Skill Development
  • Note: The Application of the startup is not limited to the above-mentioned sub-themes, if you think your startup is creating a social impact please apply.

Key Incentives

  • A financial award up-to INR 15,00,000 in the form of Equity Funding and UPTO INR 7,50,000 in the form of Grant Funding top 10 selected startups.
  • 1-year of personalized incubation and acceleration support at IRMA ISEED Foundation
  • Top-up Incentives
    • Up-to INR 50,00,000 follow-on investment to eligible startups.
    • Upto $100,000 worth of AWS credits and technology support to top 10 incubatee.
    • Access to pitch day events organized by AWS

How to Apply:

  • CLICK HERE to visit official website of LIC HFL-IRMA Social Trailblazer Program.
  • CLICK HERE for the registration in LIC HFL-IRMA Social Trailblazer Program.
  • Deadline: 5th August, 2022
  • For any queries, write at [email protected]

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