Marico Innovation Foundation (MIF)

  • Category: Alchemize, Competition Assessment, Innovation Facilitation, Knowledge Exchange

Innovation Alchemy in collaboration with MIF’s Social Innovation Acceleration Program supported innovative social enterprises. In the last 3 years, IA has designed, developed and implemented a catalytic CSR agenda providing highly focused and customized non-financial support to social enterprises. The program demonstrates how capacity building and customized mentoring can create deep and sustained impact. It supported 12 organizations to accelerate their growth through 24-month process across domains such as healthcare, nutrition, education, livelihoods, waste management, sanitation and clean energy.

IA’s Alchemize methodology helped implement an approach to accelerate team’s impact by design. This program has the potential to reach over 16 million under-served people with better products, services and facilities. Several projects are part of the acceleration portfolio which include Eram Scientific Solutions and  Safe Harvest Private Limited in 2013-2014; Yuva Parivartan, Akshaya Patra, Fractal Microspin and Waste Wise Trust in 2011-2013.

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