Adani Foundation Funds for Innovative CSR Projects

GCSRA-Adani Foundation
Last date: 
Tuesday, July 14, 2020
Country: 
India

Detailed Description

“GCSRA-Adani Foundation Grant Funds for Innovative CSR projects” will recognize potential ideas, which shall be solicited from PSUs/Corporates/NGOs on ideating for scalable & replicable CSR projects, and which will, in turn, help the State of Gujarat address some of its key human development challenges; and could also be considered by GCSRA for assistance on pilot implementation, either on technical or on financial aspects.

Quantum of support

A total of 4 projects shall be shortlisted for support and implementation by GCSRA and Adani Foundation on the following thrust areas:

  • Education
  • Innovation and Entrepreneurship
  • Health and Nutrition
  • Natural Resource Management
  • Agriculture and Livelihoods

The project implementation will be on PPP model. For each project, GCSRA will contribute 25% of the overall budgeted cost while 25% shall be contributed by the Adani Foundation. The remaining 50% of the overall project cost shall be either borne by the applicant or sour ced from other funding sources.

NGOs/CSOs can apply for the grant only through their Corporate/PSU partners.

The ideal project value for each project shall preferably be 25-50 lakhs (Overall project budget).

Key Components

Your Project Idea should broadly cover the following:

  • Background and Rationale for the project
  • Objectives of the Project (define key result areas)
  • Project Components
  • Execution Plan and Budget
  • Expected Return on Investment (desired outcomes and impact)

Guidelines for Participation

  • A total of 4 project ideas shall be shortlisted for implementation
  • Applicant organisations are encouraged to nominate more than one project ideas. However, only one idea per applicant shall be shortlisted.
  • All the applications must be supported by relevant documentation (secondary research). The form must be complete in all respects. Incomplete or unsigned forms will not be considered. Applicants may be asked at any time during the period of evaluation to substantiate the claims, through submission of documentation and proofs.
  • The project shall be proposed with a minimum duration of 12 months and an overall timeline of maximum 2 years.
  • The funds shall be disbursed for each phase separately and only after successful execution of a phase, funds shall be released for the next phase. 5% budget during implementation phase will be assigned for Monitoring & Evaluation, Documentation and Review
  • Organisers accept no liability for any loss resulting from the disclosure of information concerning an entry, though all reasonable precautions will be taken to safeguard confidential and sensitive information.
  • The project can be implemented by an applying company’s Foundation. The decision, however, will rest solely on GCSRA’s discretion.

Qualifying Criteria

The project ideas should be conceptualised keeping in view the following approach:

  • Profiles should correspond to the list of activities permitted under Schedule VII of Section 135 of the Companies Act, 2013;
  • The ideas should be innovative, create value in the area and be out come driven mapped to the state’s developmental priorities
  • To the extent possible, these should be small value projects but scalable/replicable.
  • Outcomes of the project should be SMART (Specific, Measurable, Achievable, Relevant, Time-bound)
  • The project should be sustainable and should ha ve a clear and specific exit strategy

Source: http://gcsra.org/gcsra-adani-csr-project.htm

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