MUMBAI/
PRNewswire/ ----MIF Awards is one of India's pre-eminent biennial recognition platforms that recognize unheralded innovations within the Indian business and social sectors
Marico Innovation Foundation (MIF), a not-for-profit organization in India, executing the Corporate Social Responsibility for Marico Ltd., is inviting applications for the 7th edition of the MIF Awards to be held on February 23, 2018, in Mumbai.
The MIF Awards aim to nurture innovation in India by recognizing breakthrough innovations that hold potential to generate a large scale impact. Innovations will be adjudged upon three broad categories - Social Impact, Business Impact and the newly-introduced Innovations by Start-ups, a first-of-its-kind to encourage newer enterprises to innovate.
The MIF platform allows participants a chance to showcase their innovation to a power-packed audience and receive media and industry exposure for their innovation. Innovators receive an opportunity to learn from leading innovators in the business and social ecosystem and cross-pollinate learnings and ideas. Participants avail the chance to network with the top CXO's and innovation heads from India Inc., entrepreneurs, venture funds and academia closely linked with the innovation ecosystem in India.
The applications for the MIF Awards 2018 have commenced today, the last date of application being August 22, 2017. An online application form must be duly filled and submitted in order to participate. There is no application fee for the Awards. For details, log on to http://www.maricoinnovationfoundation.org/awards/. Applications will be shortlisted through a due-diligence process and a two-round deliberation with the jury that will be chaired by Dr. R.A. Mashelkar. The final winners will be selected on basis of the commercial viability of the innovation and impact generated.
"The time for India to reposition itself as a leading superpower of innovation in the 21st century has never been brighter. MIF recognizes this potential and places its faith in the capable hands of our country's outstanding innovators to shine out in an unprecedented fashion. The MIF Awards are a testament to MIF's ethos of nurturing and empowering bodies that have the passion and drive to change the face of innovation in India with their ingenious initiatives. We are heralding in a brand new era of 'Innovation for India'." - Harsh Mariwala, Founder, Marico Innovation Foundation.
Over the previous editions, MIF Awards has recognized more than 50 innovations. Some of the past jury members include Anu Aga, winner of Padma Shri for social work and Paul Basil, Founder and CEO at Villgro Innovations Foundation. Past Awardees of the Business Category include Redbus, xBITS Pvt. Ltd., GIBSS and Concept Medical Research while some of the past Awardees of the Social Category are Akshaya Patra Foundation, Teach for India and Azim Premji Foundation.
About Marico Innovation Foundation:
Incepted in 2003, Marico Innovation Foundation (MIF) is a not-for-profit organization in India executing the Corporate Social Responsibility for Marico Ltd. The organization aims to nurture innovation in the country across the business and social sectors alike. The Foundation aims to create this impact via two flagship programs: MIF Scale-Up Program: an intensive mentorship program that solves for critical business challenges faced by innovative enterprises generating impact on the Bottom of Pyramid (BoP) and MIF Awards: one of India's pre-eminent biennial recognition platforms that recognizes unheralded innovations impacting the community at large.
Media Contact:
Nupur Joshi
Manager
Marico
nupur.joshi@marico.com
+91-9920019738
Bhakti Dalal
+91-9819118807