Applications open for ISB iDiya – A national social venture competition

iDiya is ISB’s national social venture ideas competition, a promising platform for social entrepreneurs to showcase their ideas to partners.


iDiya is ISB’s (Indian School of Business) national Social Venture Ideas Competition. It has come up as a promising platform for dynamic entrepreneurs with a social bent from around the world to showcase their idea to enthusiastic partners. These partners not only mentor the entrepreneurs at the bootcamp, but also help with other resources as well.

iDiya’s main objectives are • Encourage innovation and entrepreneurship in the social space. • Be a platform for showcasing commercially viable, self sustaining social business ideas in India. • Provide mentoring, access to incubation and angel funds to convert the ideas into reality.

The Competition

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iDiya is targeted at working professionals in India working in teams of 2 to 4 individuals. Teams submit an executive summary of their business ideas and plans, which are evaluated by student evaluators, Faculty, investors and Social VCs and Social entrepreneurs. Submissions are evaluated on various parameters, including measurable social impact, criticality of the social need and sustainability of the enterprise. Winners are invited to ISB for an intensive one week boot camp, where industry experts, ISB faculty and local and national entrepreneurs help them train for challenges they would face in bringing their ideas and ventures to realization. Teams are interfaced with potential investors and are matched with entrepreneurs and organizations that will mentor them for a certain period post-boot camp.

The Incentives

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If your idea manages to convince the jury of its potential, and you are invited to the boot camp, you would be entitled to:

  • A one-week all expenses paid Boot camp for the top 10 teams where you will meet industry leaders, venture capitalists and business mentors
  • Top 10 teams will receive mentoring support after the competition. The mentoring board comprises of high-profile businessmen and organizations which will help you commercialize your idea.

In addition to the above:

• Over 1.35 Crore worth of Seed funding.
• Assured mentoring from industry experts in round 2 of the competition.
• A place on the iDiya website for the top 20 participants.
• Cash rewards: Winner – Rs. 200,000 Runners-up – Rs. 100,000 2nd Runners-up – Rs. 50,000 4th,5th – Rs. 25,000 each
• A short feedback to the top 50 participants on their idea.

For more details and to register for the competition click here.


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