Sikyong Entrepreneur of the Year Award
Overview
The Tibetan community-in-exile is situated in the rapidly growing economy of India where business opportunities abound and promise to provide employment and economic stability for individuals, families and entire communities. Even though the Tibetan community boasts of its in-born entrepreneurial instincts, very little progress has been made by the Tibetan community-in-exile to assure prosperity, which in turn will help to sustain the culture and provide employment for Tibetan youth.
The current Central Tibetan Administration recognizes the need for change and is dedicated to encouraging and supporting the entrepreneurial culture that exists throughout the Tibetan community-in-exile. For this reason it has established the Tibetan Entrepreneurship Development (TED) program, a unit within the Department of Finance, which is committed to economic freedom and the support of Tibetan entrepreneurs.
As a part of a highly optimistic and forward looking plan, TED is launching an initiative with funding provided by the Dalai Lama Foundation Canada to meet the following goals:
- Creating employment for young Tibetans, thereby keeping them in their home communities, and
- Providing the financial support needed to encourage new entrepreneurs to develop businesses that would be sustainable and that would contribute to the viability of the settlement communities.
The Sikyong Entrepreneur of the Year Award is a competition to identify an existing entrepreneur who has made a significant contribution to his or her community by providing employment for others and by developing a solid business plan that contributes to the stability of the Tibetan community. The Sikyong Entrepreneur of the Year will be awarded a sum of INR 21, 00,000/- in recognition of his or her contribution and to encourage other Tibetans to step forward and become involved in assuring the economic health of the Tibetan community.
TED hopes there will be much interest in this competition and invites all eligible candidates to step forward.
Objectives of the competition
- To contribute to and improve the socio-economic condition of the Tibetan diaspora, promote Tibetan culture and focus on environmental issues.
- To recognize and celebrate the achievements of successful Tibetan entrepreneurs, thereby inspiring Tibetans to become more involved in entrepreneurship.
Judging Criteria
- Social Impact
Making significant contribution to the Tibetan Diaspora (i.e.) have made contributions in the areas such as education, health, promoting of Tibetan culture, preserving the environment etc..
- Employment Generation
Creation of significant employment opportunity to the Tibetan Community and employing Tibetans for their business. The ratio of Tibetan employee to the total employees will be considered.
- Settlement Based
The entrepreneurs business based in the Tibetan Settlements for greater impact will be given advantage and will be a plus point.
- Role Model and Mentor
Having mentored other aspiring Tibetan entrepreneurs and helped in developing new Tibetan entrepreneurs.
- Business Financials
The entrepreneurs businesses must be financially sound and the percentage of contribution made towards the Tibetan community, based on the total earnings made by the entrepreneur will be considered.
- Future Potential of the entrepreneur
The entrepreneur must show future potential of growth/expansion, social impact and motivation to mentor other Tibetan businesses.
Note: The entrepreneurs will be judged based on the above-mentioned criteria and must fulfill most of the criteria mentioned.
Rules & Guidelines
General Rules and Regulations
The minimum Eligibility requirements to be considered for the award are:
- The applicant should be 18 years and older.
- The entrepreneur must be a holder of a green book which is updated
- The entrepreneur’s businesses must fulfill all the legal obligations of the local government.
TED reserves the right to disqualify, in its sole and absolute discretion, any applicant if the below mentioned rules are not maintained and if the applicant does not maintain proper standard. Please note that the decision by TED is final and not subject to review.
- All applications must reach TED office by 5 pm of the mentioned deadline for application submission. No applications will be entertained after the deadline.
- Incomplete applications forms will not be considered. Any doubts or queries regarding the application forms can be clarified through the helpline provided.
- TED reserves the right to withdraw an entry from the judging process at any time if the entry is deemed inappropriate for any reason.
- Required supporting documents must be submitted along with the application form.
- No participant may under any circumstances attempt to contact a judge during or before the competition. Any such behavior will result in the disqualification of the participant.
- Applicant with criminal records
will not be considered for the award. - The winner of the Award shall become part of the TED network and sign a mutually understanding agreement with TED.
- If it is found that any entrant has knowingly provided false information on their application for their entry, TED reserves the right to withdraw any applicant at any time.
- The winner will be awarded only after confirming to all the conditions set by TED in the legal agreement.
Prize and Awards
There will be one winner announced as the “Sikyong Entrepreneur of the Year” and the winner will be awarded a sum of INR 21, 00, 000 /- after the winner has read all the conditions laid out by TED and have signed a legal agreement by TED.
In addition to any monetary prizes awarded, the winners will have an opportunity to be a part of the TED Entrepreneurs Club.
Apply
Interested entrepreneurs can download our application form and submit the completed application forms to ted@tibet.net
Entrepreneurs can also collect the physical application forms from the local Settlement office and send the completed form through post to
Tibetan Entrepreneurship Development initiative
Department of Finance
Gangchen Kyishong, Near Tibetan Library
Dharamsala – 176215
Himachal Pradesh
Last date to Apply is the 31st of July, 2015
For any queries contact us through our email ted@tibet.net
(or)
Our Direct Relationship Officers
- 0091-9882-310-804
- 0091-9805-035-128
- 0091-9816-768-569
Thank you for encourage us. Hope it support us every step
Dear Karma Tsering la,
Thank you for your kind note. TED will support all Tibetan Entrepreneurs applying for our program.
Hi .
Hello I am doing business in bylakuppe tibetan settlement but I am from kollegal. So can I apply to this sikyong entrepreneur award.
Dear Jigme la, Yes can apply. Please find details regarding the “Sikyong Entrepreneur of the Year award” on the TED website.