Product and Service Innovations:
- Concept: Envisioning is the most powerful basis of developing it into a project. The concept has to be dynamic in nature and should contribute to positive change-making in the sphere of its relevance. Best entries, through their innovation, will not only address a need or solve a problem but also seize an opportunity for growth and leadership in a new space. The ideas presented must hence be expansive of their overall plan of design, development and implementation.
- Innovation: We are looking for the “game-changers” or “changemakers”, those who can lead the future with their idea. The best entries will demonstrate how through creative approaches and solutions, an existing need or problem is being solved. However, problem-solving need not seek permanent intervention, but an intervention with a sustainable impact. The innovation must be able to present evidence of various distinctive advantages over other alternatives. Additionally, the submissions must propose a unique value proposition in relation to the cost of opportunity versus economic feasibility for its benefits. Such solutions (be it a product, application, service or practice/initiative or hybrid combinations of existing tools) must be capable of being prototyped. Ideas presented do not have to involve inventing something entirely new, but entries should describe how the ideas are original.
- Measurable Impact: Entries should be able to explain how the idea has the ability to deliver a positive measurable impact on society at large (e.g. accessibility or affordability or inclusiveness). The best projects will tackle a root problem or social issue making an impact.
- Financial Sustainability: Ideas presented should have a clear plan to reach long-term goals. The strongest entries will outline how their solution can be sustained without relying on philanthropic donations or aid for core funding. If ideas are already at work, they should demonstrate fiscal responsibility and marketplace validation.
- Governance: To ensure and identify how well the innovative idea can be incorporated into a practical scenario of various parts of the country. This includes its potential for collaboration with other entities. Further engagement of citizens in order to implement the same is also analyzed.
- Potential: The potential of the project, idea or innovation to be scaled up for greater impact and opportunities to connect with other networks.
Nominations for Rural & Inclusive Innovations:
These submissions will be assessed on the following criteria:
- Vision and leadership (including personal journey or the motivation behind the idea)
- Concept and approach for addressing the identified social problem
- Profile of Beneficiaries Targeted (i.e. while the idea must adhere to the rural context, the target audience will also be important criteria to evaluate relevance, inclusiveness and futuristic approach in developing last-mile communities)
- Ability to create multi-level partnerships for sustaining the innovation for long term
- Impact and milestones either achieved or planned