Social Entreprenuership

India Social Entrepreneur of the Year Awards 2010 – Aajeevika Bureau among finalists

The Jubilant Bhartia Foundation and the Schwab Foundation for Social Entrepreneurship have announced the list of finalists for the India Social Entrepreneur of the Year (SEOY) Awards 2010.

These years finalists include Aajeevika Bureau (founded by Rajeev Khandelwal and Krishnavtar Sharma), AISECT (founded by Santosh Chaubey), LifeSpring Hospitals Pvt Ltd (founded by Anant Kumar) and Vaatsalya Healthcare Solution Pvt. Ltd (founded by Ashwin Naik).

These four finalists have been selected after a rigourous process and the final winner will be announced at the awards ceremony on November 13, coinciding with the India Economic Summit.

Brief Description of the Social Change Models Developed by the Finalists

AAJEEVIKA BUREAU – http://www.aajeevika.org/

Social entrepreneurs: Rajiv Khandelwal, Krishnavtar SharmaAajeevika Bureau

Field(s): Migration, Employment

Established in 2005, Aajeevika Bureau develops financial products, ‘photo-identity’ services, skill training programs and partnerships with local governments and businesses to help rural seasonal migrants succeed in difficult economies. Aajeevika’s solutions are designed to support seasonal rural migrants both at the source (i.e. resource-poor rural economies) and the destination (i.e. exclusionary urban markets) of their migration cycles. The Aajeevika model is working in 8 states of the country.

All India Society For Electronics And Computer Technology (AISECT)

https://www.aisect.org/

Social entrepreneur: Santosh Kumar Choubey

Field(s): Rural Technical Education and Vocational Training, Livelihoods and Enterprise Creation

AISECT has pioneered ICT-based education in rural India that has opened up entrepreneurship and new employment opportunities for more than 1 million rural youth in their local eco-systems. Additionally, it has created a network of 8000 rural education entrepreneurs who run profitable AISECT franchise centres in some of the most backward districts of India.

LIFESPRING HOSPITALS PVT LTD – http://www.lifespring.in/

Social entrepreneur: Anant Kumar

Field: Health

LifeSpring Hospitals is a chain of 9 small, low-cost maternity hospitals that provides quality, affordable healthcare services to women from low-income groups in Indian cities. With safe deliveries of more than 7000 healthy babies and quality care and treatment of 100,000 outpatient cases, LifeSpring has kept its morbidity rate to less than 1% and its caesarian cases to less than 35%. LifeSpring’s customers are women from families with monthly earnings of INR 3000- INR 7000.

VAATSALYA HEALTHCARE SOLUTIONS PVT LTD – http://www.vaatsalya.com/

Social entrepreneur: Ashwin Naik

Field: Health

Vaatsalya Healthcare Solutions Private Limited is a chain of 10 low-cost, no frills hospitals that provide primary and secondary healthcare services which are accessible and affordable to middle and low-income families in Tier II and Tier III towns in India. Vaatsalya focuses on the semi-urban and rural population that has limited access to good quality healthcare services. The network serves 300,000 customers every year, most of whom do not have insurance, and who come from families with monthly incomes of Rs 5000 to 15000 (USD 100-300). The services fees are at 15-20% of what an average urban hospital would charge its patients.

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