The Nestlé Creating Shared Value Prize is awarded by the Nestlé CSV Council every two years. The competition helps scale up or replicate business-oriented initiatives that address challenges in nutrition, water or rural development. It’s open to social and private enterprises, as well as non-governmental organisations (NGOs).
The application process for the 2018 Nestlé Creating Shared Value Prize will open in June 2017.
What are the criteria to participate in the Nestlé Creating Shared Value Prize?
The following types of organisation can nominate an initiative for the Nestlé CSV Prize: social and private enterprises as well as non-governmental organisations (NGOs).
The area of focus of the initiative must be in either of the following fields: nutrition, water or rural development.
Applicants may be based in any country of the world and cover programmes implemented in low-middle and high-income countries that benefit underserved parts of the community.
All applications must be submitted in English.
What are the criteria against which entries are judged?
The Nestlé CSV Prize is awarded to the entry that best fulfils the following requirements, as determined by the Creating Shared Value Council:
Innovation: Does the programme represent an innovative approach to the problem it seeks to address?
Environmental sustainability: Does the programme apply environmentally sustainable practices?
Programme results and impact: Has the programme demonstrated results on a pilot or smallscale?
Potential for scaling up and/or replication: Is the programme feasible on a broader scale and/or can it be replicated in other social, cultural or geographical settings?
Programme financial viability: Does the programme have the potential to continue beyond the Nestlé Prize funding? Is it built on a sustainable business model?
Programme organisational viability: Do the programme and its leaders have the capacity to incorporate and leverage an investment by Nestlé to develop the programme and ensure its continued growth and viability?
Potential for Creating Shared Value: Does the programme exemplify the concept of Creating Shared Value? The programme will also be judged on its potential either in bringing improved nutrition to populations suffering from nutritional problems, improving the access to and management of water, or improving the lives of farmers and rural communities.