APPLICA

TION SCREENING

Applications are screened

based on pre-defined eligibility criteria and the information and

documents submitted by the organizations.

ABSTRA

CT REVIEW (new stage)

O

rganization profiles and

project abstracts submitted by eligible applicants are reviewed by a group

of independent domain experts, sector experts from HCL oundation,

and our Governance Partner. e basis of the review includes a mix of

objective and subjective parameters like Governance, Relevance of the

Problem and Solution, Potential of Impact and Innovation, and others.

PR

OPOSAL REVIEW

Organizations selected in Step 2 are requested

to submit a detailed organization profile and proposal. ese submissions

are then reviewed by a group of independent domain experts, sector experts

from the HCL oundation and our Governance Partner to select the most

deserving candidates. Additional review parameters include Capacity

to Deliver, inancial Modelling, Sustainability, Inclusion, Potential for

Partnership and Scalability, among others.

FIELD A

UDIT

Organizations selected in Step 3 go through an audit

exercise which consists of a field visit by an HCL oundation member and

a domain expert. Alongside, due diligence is conducted by the Governance

Partner. e two teams undertake a joint review of the applications based on

each other’s findings and shortlist ten organizations in each category for the

next stage.

SUB JUR

Y REVIEW

A h

igh-level panel of twelve members reviews

the shortlisted applications aer viewing case presentations made jointly by

the HCL ield Team and the Governance Partner team. All the organizations

reviewed at this stage are featured in the ‘HCL Grant –

e Fifth Estate

’

(Compendium). e panel selects the top three applicants in each category

for the next stage.

DUE DILIGENCE



e Governance Partner undertakes a detailed

diligence exercise for all selected organizations. e exercise involves

a review of relevant documents and information, background checks

through various sources, visiting the organization’s office and project site,

discussions with the organization’s personnel, executives, board members,

and others.

JUR

Y REVIEW

A h

igh-level panel of six eminent members

reviews the shortlisted applications on the basis of case presentations

made by the Governance Partner. One winner is selected in each of

the three categories to be awarded a grant of

`

5 Crores each. e two

runners-up in each category are awarded a grant of

`

25 Lakhs each.

STEP 1

STEP 2

STEP 3

STEP 4

STEP 5

STEP 6

STEP 7