Incepted in 2003, Marico Innovation Foundation (MIF) is a not- for- profit organization in India that aims to nurture innovation across the business and social sectors alike. The foundation works closely with organizations that are innovative and impactful.
Through their core Program- MIF Scale-Up Program- the Organization identifies critical business challenges faced by an innovation, collaborates with its pool of mentors and provides implementable solutions; thereby leading to tangible impact and sustained growth of the innovation.
Another flagship Program is the biennial MIF Awards which is a platform that identifies and awards innovations across Business, Social and Start-Up categories that hold potential to generate large scale impact. Over the previous editions MIF Innovation Awards has recognized more than 57 disruptive innovations and the next edition will be in Feb 2020.
They have recently launched an Agriculture focused program that aims to solve current agricultural challenges with the help of innovations and bring the relevant ecosystem together to support these innovations. This is in line with their efforts to spur and then nurture innovations in the country, one sector at a time.
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