Today, Nestlé and Ashoka have opened its 2018 Creating Shared Value (CSV) Prize, worth up to CHF 500,000 (approximately CAD 645,000) for submissions.
The CSV Prize is open to social enterprises, commercial enterprises and nonprofit entities. Applicants have a chance of winning a cash prize to help grow their business, a pitch opportunity at the World Water Forum in Brazil in 2018 and a prestigious Ashoka Fellowship.
The Prize, launched in 2010, is a business-oriented initiative to help address challenges in nutrition, water and rural development supporting Nestlé’s purpose of enhancing quality of life and contributing to a healthier future.
This year Nestlé has partnered with Ashoka, the world’s leading network of systems-changing social entrepreneurs, in a global search for innovations to tackle those challenges.
“This union will foster powerful co-creation with social entrepreneurs, and deepen the social impact on the communities and beneficiaries they serve”, Olivier Fruchaud, Director of Ashoka Switzerland.
Innovative businesses and social enterprises are invited to apply by October 31, 2017 via www.changemakers.com/creatingsharedvalue or nominate top innovators by emailing [email protected]. The top 5 initiatives will be invited to attend the CSV Forum 2018, in Brazil, where the winner will be announced.