Nestlé has begun accepting applications for the 2018 Nestlé Creating Shared Value Prize, which awards winners up to CHF 500,000 (approximately US$529,000).
“The Prize’s objective is to make a significant difference in scaling up or replicating business-oriented initiatives addressing challenges in nutrition, water or rural development, thus supporting Nestlé’s purpose of enhancing quality of life and contributing to a healthier future,” said Karine Antoniades, Creating Shared Value Manager at Nestlé Middle East.
This year, Nestlé has partnered with Ashoka, the world’s leading network of systems-changing social entrepreneurs, to “foster powerful co-creation with social entrepreneurs, and deepen the social impact on the communities and beneficiaries they serve,” said Olivier Fruchaud, Director, Ashoka Switzerland.
Innovative businesses and social enterprises are invited to apply by 31st October 2017.The best five initiatives will be invited to attend the CSV Forum 2018, in Brazil, where the winner will be announced
The CSV Prize is open to social enterprises, commercial enterprises, and nonprofit entities. Applicants have a chance to win a cash prize of CHF 400,000 to help grow their business, a pitch opportunity at the World Water Forum in Brazil in 2018, and a prestigious Ashoka Fellowship.