Best Ideas 2018 features all the nominated entries submitted to the Youth Citizen Entrepreneurship Competition under ‘Submit your Idea’ category. All the entries consist of innovative solution or proposition for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage. If you want to know the 10 finalists in this category, click HERE
Idhant: Illuminate Your Path
Explain your idea in details:
Idhant was created on the basis of Quality Education. The main objectives of the group involves connecting prospective sponsors to children in need of appropriate education. It was seen that even though there are government schools and private NGOs, the quality of the education provided to the children attending these institutions was sub-par, often due to the overflowing number of student intake. To eliminate this, it is important to size down the situation, taking it one student at a time. We saw that the youth of the country are ever ready to plan and host events that may build up their resumes. Using this, we can attract volunteers to participate in organisational activities for underprivileged children. The Sponsors are given two periods: The Trial and The Commitment. The Trial Period will give the Sponsors a chance to see the kids and interact with them by a minor sponsorship of about 25$ (INR 1720), which will sponsor one Competition Day at the kids' current schools (including certificates and chocolates). This period will give them a chance to interact with the students and see them enthusiastic, motivated and ready to learn. A dual purpose is served by the competition, as the students are kept motivated and the Sponsors can be assured that the students want to learn. The Commitment Period will be where the Sponsor can choose which children it decides to sponsor and set an allowance for that sponsorship. During this period, either the Sponsor can recommend an educational facility of their choosing, or take one recommended by the group or the current school. Once committed, the Sponsor will be able to keep tabs on the student by the monthly/ annual visits to the student, with the help of our young volunteers. The stability of the Student is checked by a helpful collaboration with experienced NGOs.
Expected impact of your idea on sustainable development
Idhant has a plan to make the idea completely sustainable. Going Concern The one problem we face is the lack of an older, more stable generation in running the program. Due to various aspirations in their own educational goals, most Idhant members will be unable to continue the operation for a very long time. This problem is solved by involving the older generation. It was noted that a substantial amount of stay at home moms are looking to donate their free time towards activities such as community service or gala events. This was further confirmed by us by taking notes from the FICCI Flo Pune Chapter, which is an entirely Women-driven organisation focusing on empowerment. Targets The Targets for Idhant are divided into three categories. 1. Initiation a. Idhant aims to complete at least 5 organised activities with 5 different Institutes in Pune, India, by 31 December 2018. b. Once this has been achieved, Idhant will start procedure to be registered as an NGO under Indian Law. 2. Runway Idhant will continue marketing its ideas and getting sponsors and collaborations from different NGOs and Firms, along with its on-going activities every month. This will give Idhant time to be popularised within the society. The deadline for this phase will be 31 December 2019. 3. Take-Off Once Idhant grows to a size of at least 50 variable volunteers, there will be two phases running simultaneously: a. The Commitment Period phase. b. Handing the reigns to selected women (aged 30 and above) for the continual operation of Idhant. This process will be targeted to be completed by 31 December 2020. Once Idhant is running smoothly, the idea can be popularised in multiple cities around India. Measures of Success Idhant will measure its success rates by closely monitoring the rate of the following: 1. Target completion 2. Number of children sponsored 3. Number of collaborations obtained 4. Number of Sponsors obtained 5. Occurrence of stability problems
Plans for implementation and sustainability
The business model behind Idhant is divided into three parts:- 1. Identify: a. Identifying the schools to be targeted; eg. Government Schools, Charitable Trusts, Orphanages. This includes the recognition of the corresponding selected body's cooperation with the Team and the children's educational needs. b. Identifying placing schools, i.e. Schools that are ready to incorporate these students into their environment, agreeing to special attention on them to disallow offences against them and preferably give certain scholarships for their education. 2. Supply (Sources of Finance): As mentioned above, the Supply of finance will be from individual Sponsors in two periods: The Trial and The Commitment. No other monetary finance will exchange hands, as all other work will be done on voluntary basis by continuously changing youth. Once Commitment Period is established, a Special Worker will be appointed to the Child-Sponsor pair, whose payment will be fixed and included in the Sponsor's donation. 3. Market: a. Marketing for Trial Period will be done through Social Media and Door-to-Door initiations by our Young Volunteers. b. Marketing the Sponsor from the Trial to the Commitment Period will be done during the specific Competition Day organised by us on behalf of the Sponsor. Volunteers: Volunteers will be grouped and given a budget and a Sponsor. They will pitch their ideas to Team Idhant and once approved, will go ahead with the execution of the Competition Day. They will be remunerated with letters from Idhant and collaborating NGOs for their time and work. Collaborators: As of now, Idhant has found one newly started NGO collaborator, The Tomorrow Foundation. The Foundation's short term focus is on educational enhancement and Idhant will work as their partners. A test event was conducted and was found to be successful. Other collaborators will be targeted according to our needs; eg. NGOs with Special Workers to keep tabs on Sponsored Students and their needs.
My name is Saakshi, 20 years old, and I am an engineering student, specialising in Electronics and Telecommunications. Along with this I am a student actuary, under IAI and IFoA. I have attended and gained awards at 10 Model United Nations Conferences and have been a part of many of their Executive Boards. My motivation behind Idhant evolved from a simple community service. I had visited a school of physically disabled kids and I saw their education system and plans that they have for their future. I decided to brainstorm the idea after my maid's daughter came to me and said that she aspired to be a Doctor one day. Her education was done in government schools, where English is kept to the bare minimum and the Science is not very efficient. I decided that I wished to get at least 10 such dreams achieved by Idhant. I researched on schools and NGOs for these kids and found that in some of them, the kids didn't even have a grade after 7th. On the other hand, I saw many donors, wishing to donate in kind, but not knowing where. Idhant was born out of the desire to create a bridge between these Donors and the Students. We do not give charities, we give our time and inspiration. The kids will not receive charity gifts from us, but they will receive achievement awards, medals and trophies to encourage them to dream and pursue their goals. Our motto is to illuminate their paths to success.