Page 34 - HCL Foundation2
P. 34

PROJECT IMPERATIVES

           1.  Proposed project to comply with Schedule 7, Section 135, Companies Act 2013.

           2.  Proposed project to be in rural areas in India only.
           3.  Applicant organization to implement the project directly. Sub-granting is not permitted.

           4.  Proposed project could be “Scale up of existing project” or “Replication of existing project /
              model” or “Fresh project”.

           5.  Grant of up-to INR 5 crores to be awarded for a period of 5 years, including coverage of
              HCL Site.
           6.  Grant money cannot be used for infrastructure development such as construction, renovation,
              purchase of fixed assets like land, buildings, and vehicles, among others.













































            The impact of the grant is not limited to          governance, finance management and impact
            financial benefits. HCL Grant envisions to           measurement.
            strengthen NGOs and development sector             In terms of approach, the HCL Foundation
            through deep institutional involvement and         annually invites NGOs from across the country
            commitment. The HCL Foundation cultivates          to submit proposals that ofer implementable
            a long-term relationship with the recipients       and replicable solutions to existing problems.
            by providing them a global platform and            The applications received undergo a rigorous,
            unprecedented visibility, thereby opening up       multi-layered screening process that assesses
            opportunities for growth and development.  It      the authenticity and innovativeness of the
            also trains them to adopt the best practices of    models.





       31
   29   30   31   32   33   34   35   36   37   38   39