Jamshedpur : XLRI � Xavier School of Management, premier Business School in India and the National Bank for Agriculture and Rural Development (NABARD) announce to host a national level felicitation- Innovation4Impact(i4i), inviting innovators who have made a difference to the life at the bottom of the pyramid by enhancing access to finance.
The felicitation aims at providing an opportunity to innovators and social entrepreneurs to demonstrate their success stories to experts at the workshop, delegates from industry, researchers, faculty and students of Business Schools. The event is conducted along with the 3rd International Workshop on Inclusive Finance during October 31-November 2, 2014 held at XLRI campus at Jamshedpur.
The competition invites successful models involving livelihood initiatives with finance; innovations in Bank-BC financial inclusion initiatives, Banking products for Poor; products innovations in microfinance, savings & insurance; sustainable innovations for the Ultra Poor; innovations in financial literacy and consumer protection, including literacy initiatives through Financial Literacy Centres (FLC), micro insurance & community-based initiatives, and inclusive technological innovations, including mobile banking.
The 3-day mega event brings academicians, practitioners, banks and microfinance institutions, NGOs, and policy makers to deliberate on research as well as contemporary issues in the area of financial inclusion.
The event will have a series of (i) special sessions by distinguished speakers; (ii) thematic panel discussions; (iii) presentations of research papers and case studies, and (iv) a�Knowledge Fair� showcasing theme based �information kiosks� of a variety of organizations. The event is expected to serve as a forum for intensive discussions among all stakeholders involved in financial inclusion.
Announcing the initiative, Dr. HK Pradhan, Professor of Finance and Economics & Convener of the Workshop said that �The event is expected to serve as a forum for intensive discussions among all stakeholders involved in financial inclusion.
The i4i competition in particular provides opportunity for a �face to face� interaction where innovators showcase and talk about their passions and issues that they consider important and explain their projects� potential for upscale.
Our joint endeavor with NABARD is expected to provide a platform to promote collaborations, integration, and convergence so that the nation�s financial inclusion agenda can be fast tracked�.
Commenting on the initiative, Subrata Gupta, Chief General Manager, NABARD, said that �The idea is to popularize successful cases in the arena of financial inclusion that are recognized as replicable models. We wish to disseminate innovative experiments to the wider audience comprising different stakeholders so that the models can be adopted in other locations�.
Further information can be obtained by email at [email protected] abstract of the innovation/case (a two-page containing the date of initiation, the project context, the measurable social impact, specific role finance and institutional linkage) with a photo has to be submitted to participate in the competition, latest by September 12, 2014.
The selected proposals will be required to make a final submission by October 15, 2014.The competition details can be found in https://inclusivefinance.in/i4i.html.