SELCO founded by Harish Hande wins “Skoll Award for Social Entrepreneurship 2018”
Publish Date : 03 April, 2018
Prestigious and internationally acclaimed Skoll Foundation awards announced for 2018
Skoll Award follows Magsaysay Award (2011) and Zayed Future Energy Prize (2018) for SELCO’s innovative energy solutions
“Skoll Foundation has awarded its prestigious annual Skoll Award for Social Entrepreneurship for the year 2018 to SELCO founded by Harish Hande for revolutionizing the concept of bringing sustainable energy solutions to the poor”.
The Skoll Foundation presents the Skoll Award for Social Entrepreneurship each year to a select group of social entrepreneurs whose innovations have already had significant, proven impact on some of the world’s most pressing problems, and invests directly in the promise of even greater impact at scale.
About Skoll Foundation
Skoll Foundation was created by Jeff Skoll in 1999 who as the first full time employee and first president of eBay successfully led the company’s inaugural plan and its initial public offering. The foundation strives to identify and select social entrepreneurs who have significantly contributed in inventing solutions for the pressing problems in the world and have had great impact on the society.
Since 1999, the Skoll Foundation has invested approximately $400 million worldwide, including the Skoll Award to 122 social entrepreneurs and 100 organizations on five continents in continuum of funding and support for social entrepreneurs, and in partnerships and other collaborations that help social entrepreneurs and other innovators scale their impact.
Each awardee receives a three-year core support to scale their work and increase their impact. They also gain leverage through their long-term participation in a global community of visionary leaders and innovators dedicated to solving the world’s most pressing problems.
Recognizing Harish and his organization’s work in the areas of environmental sustainability, education, economic opportunity, health, and rural entrepreneurship, the Skoll team selected SELCO for the 2018 award out of 6 finalists.The award ceremony is scheduled on April 11, 2018 at Oxford, United Kingdom.
“The SKOLL award will push more responsibility on us to take forward our mission to utilize sustainable energy as a catalyst to reduce poverty in an inclusive manner. SELCO plans to leverage the award’s network to scale up its work in the states of North East, where it believes the need is the most” said Dr. Hande, on being awarded with the Skoll award.
Past Skoll Awardees
The eminent list of past awardees includes Joe Madiath of Gram Vikas, Gopi Gopalakrishnan of World Health Partners, Jockin Arputham of Slum Dwellers International, Mallika Dutt and Sonali Khan of Breakthrough, Jagdeesh Rao Puppala of Foundation for Ecological Security, Arbind Singh of Nidan, Amitabha Sadangi of International Development Enterprises, Ann Cotton of Camfed, and Andrew Youn of One Acre Fund
SELCO is an umbrella of organizations, each tasked to address gaps in the energy access ecosystem. SELCO India, the for profit enterprise founded in 1995, runs grassroots operations which market, sell, install, and service decentralized energy products like home solar systems. SELCO Foundation was founded in 2010. It is a not for profit, open-source innovation research lab for replicable social innovations across areas: livelihoods, education, and health. SELCO Foundation also has an incubation program nurtures and catalyzes the clean energy-driven enterprises that deploy and maintain sustainable solutions for underserved communities. SELCO Fund is an impact fund that seeks to deploy patient capital such as equity or debt to last mile energy access enterprises.
SELCO operates at every level of the system and at every point in the supply chain, to build an ecosystem that increases accessibility, affordability, and appropriate renewable energy solutions for the poor.
Twitter handle: @SELCOFoundation
Facebook page: https://www.facebook.com/SelcoFoundation/