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Process of Search and Selection

Step 1 - First Round Candidates: Those interested in being considered as candidates complete the application form. The deadline for receiving these forms is June 10, 2008. Information gathered in the selection process will remain confidential.

Step 2 - Second Round Candidates:: After screening the initial applications, the Nand & Jeet Khemka Foundation and the Schwab Foundation for Social Entrepreneurship will invite candidates to submit further detailed information. This will include:

1) a copy of your CV or resume,
2) a recent evaluation report on your organization, preferably conducted by a recognized third party agency,
3) an income statement and balance sheet for the last 2-3 years, preferably audited by an external auditor

Step 3 - Semi-Finalists Selected: The Nand & Jeet Khemka Foundation, the Schwab Foundation and local experts review the information forms submitted by Second Round Candidates. Those who qualify are invited to be semi-finalists. At this stage, the foundations will gather further information through site visits to the candidate's organization and/or interviews with the candidate and key informants. This due dilligence step enables the selection of the finalists.

Step 4 - Finalists Selected: Following site visits, 3-5 finalists will be selected.

The 3-5 finalists will be invited to participate in the National celebration as well as in the India Economic Summit, taking place November 16-18, 2008.

Step 5 - Announcing the Winner: A jury comprised of selected representatives of different sectors reviews all information collected on the finalists. Members of the jury will have no vested interest in the outcome of the selection. The winner will be announced in a ceremony coinciding with the India Economic Summit.



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