APPLICATION SCREENING
Applications are screened based
on pre-defined eligibility criteria and the information and documents
submitted by the organizations.
ABSTRACT REVIEW (new stage)
Organization profiles and
project abstracts submitted by eligible applicants are reviewed by a group
of independent domain experts, sector experts from HCLFoundation,
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.
PROPOSAL 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 HCLFoundation and our Governance Partner to select the most
deserving NGOs. Additional review parameters include Capacity to Deliver,
Financial Modelling, Sustainability, Inclusion, Potential for Partnership and
Scalability, among others.
FIELD AUDIT
Organizations selected in Step 3 go through an audit
exercise which consists of a field visit by an HCLFoundation 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 JURY REVIEW
A high-level panel of twelve members reviews
the shortlisted applications aſter viewing case presentations made jointly
by the HCLFoundation Team and the Governance Partner team. All the
organizations reviewed at this stage are featured in the ‘HCLTech 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.
JURY REVIEW
A high-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