Kula Innovate Prizes
Artha Impact will support three craft-led enterprises driving innovation that can span a broad range of impact areas.
- Education & Skilling
- Artisan-First Models
- Dignified Job Creation
- Gender Inclusion
₹12 Lakhs
Total Award ValueWhat each enterprise gets
Cash Prizes
A total of ₹12 lakhs will be awarded, with at least one enterprise receiving an ₹8 lakh cash award.
Network Support
Global visibility and future impact investment opportunities through the Artha Platform’s investor community.
Eligibility Criteria:
- A well-governed management team
- At least 10-12 months of business operations
- Product prototypes ready
- Detailed plan for how the capital will be used
- Min. 2-3 trackable metrics on job creation, livelihoods, or other impact areas
- Willingness to create a detailed Entrepreneur Profile on the Artha Platform
About Artha Impact:
An initiative of Rianta Capital Zurich, Artha Impact accelerates capital flow to sustainable enterprises in India. The Artha Platform is an online community connecting impact investors, social entrepreneurs, and capacity-building intermediaries to support Indian organisations.
Catalyst AIC will support two promising early-stage enterprises working with traditional Indian crafts.
- Tech or design-led solutions that help create meaningful livelihoods will be prioritised.
₹65 Lakhs
Total Fund ValueWhat each enterprise gets
Patient Investment
Up to ₹25 lakhs in government-backed debt with favourable terms.
In-kind Support
Infrastructure valued at ₹15 lakhs over 2 years - access to office & creative spaces, photography setup in Jaipur
Eligibility Criteria:
- For-profit legal entity in revenue stage
- Direct intervention with last mile communities with verifiable impact
- Operating for minimum of 6 months and maximum of 2 years since incorporation
- Registered with DPIIT, Govt. of India
About Catalyst AIC:
Catalyst AIC is an innovation and incubation centre set up by IFMR Society in Jaipur, under a grant from NITI Aayog's Atal Innovation Mission and other Government agencies. It helps scale inclusive tech startups which are building disruptive digital technology solutions that enhance livelihoods of India's marginalised communities.
SELCO Foundation aims to provide infrastructure support to 10 enterprises across the textile and craft value chains, focusing on developing and benchmarking innovations that are inclusive, futuristic, and replicable. Focus areas include:
- Sustainable & Productive Workspaces
- Energy Optimisation in Appliances
- Innovative Climate-Smart Technologies
- Clean Energy Integration
- Addressing Inequity via Ecosystem Gaps in Production Stages
₹50 Lakhs +
Total Support ValueWhat each enterprise gets
In-kind Support
₹5 Lakhs average per enterprise depending on the criteria (can exceed up to 10 lakhs)
Implementation Support
Selected enterprises receive gap support in the form of implementation assistance for their proposed ideas
Eligibility Criteria:
- Registered enterprises, cooperatives, or similar entities
- Solutions must align with the listed focus areas
- Proposals should aim to address ecosystem gaps and energy sustainability
About SELCO Foundation:
SELCO Foundation works at the nexus of climate-smart technology and vulnerable communities. By promoting sustainable energy-driven solutions, SELCO’s interventions aim to increase incomes, improve quality of life, and reduce poverty. SELCO’s ecosystem approach emphasises local ownership, creating long-term, replicable solutions that are independent of external dependencies, ensuring a holistic and decentralised approach to development.
Artisan innovator awards will support five artisan entrepreneurs driving grassroots community-led innovation in one or more of the following areas:
- Craft-Based Innovation or Revival
- Gender Inclusion
- Sustainable Materials and Processes
- Cultural Preservation
₹5.5 Lakhs
Total Award ValueWhat each artisan entrepreneur gets
Cash Prizes
Selected entrepreneurs stand to win Rs.50,000 to 1 lakh in cash-prizes.
Networks
Selected applicants will be paired with mentors who will guide and support them in implementing their ideas.
Visibility
Selected applicants will be featured across 200M platforms.
Access to Kula Conclave
Selected entrepreneurs will receive complimentary invites to Kula Conclave + expenses covered for travel & stay in Goa.
Eligibility Criteria:
- At least 10-12 months of business operations
- Valid GST or Udyam registration
- Detailed plan for how the capital will be used
- Min. 2-3 trackable metrics on job creation, livelihoods, upskilling, and other relevant areas ofimpact.
- Community-led Innovation
