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Mumbai, May 27: : in mentors and experts from the sector to help the participants refine and improve their business ideas. The Final Award Ceremony will be held in July 2008.
The competition boasts of a total prize money of INR 12 Lakhs (US$ 30,000) and is supported by Standard Chartered Bank and International Finance Corporation, ‘Online media’ partners like VCCircle.com, ‘Outreach Partners’ like the Solution Exchange and ‘Print Media Partners’ like The Financial Express and Microfinance Insights.
About Intellecap
Established in 2002, Intellecap is one of the fastest growing strategic services firm in the international development sector. Intellecap has undertaken pioneering initiatives in the field of finance and strategy in the microfinance sector, and seeks to leverage this experience to other areas that benefit social and economic development. For more information about Intellecap, please visit www.intellecap.net.
About NABARD
National Bank for Agriculture and Rural Development (NABARD) has been set up as an Apex Development Bank by an Act of Parliament with a mandate for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts. It also has the mandate to support all other allied economic activities in rural areas, promote integrated and sustainable rural development and secure prosperity of rural areas.
NABARD has been playing a leading role in the Micro Finance Sector for two decades now. NABARD has been catalyzing the banking system in the country to join hands with the informal delivery channels to give SHG bank linkage the necessary momentum. The phenomenal outreach of NABARD’s flagship SHG Bank Linkage programme has enabled an estimated INR 4.20 crores poor households to gain access to micro finance from the formal banking system which undoubtedly makes the SHG BLP the biggest microfinance programme in the world. Thus, NABARD has also continued to nurture its stakeholders for healthy expansion of the programme by providing umbrella support to its stakeholders to enable them to reach formal financial services to the millions of poor families in Rural India. For more information, please visit www.nabard.org....
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