Social Venture Philanthropy (SVP)
Social Venture Philanthropy (SVP) is an innovative model based on the business concept of venture capital. Under SVP, Smile Foundation not only identifies & implements its develpment projects through credible CBO's (Community Based Organisations) but also, handholds and builds capacities of these organisations, focusing on achieving scalability and sustainability, creating a culture of leadership and excellence and inculcating a deep sense of accountability among them.
Social Venture Philanthropy (SVP) is an innovative model based on the business concept of venture capital. Under SVP, Smile While working in the remote rural areas, Smile Foundation realized that many a times capacities of community based organisations (CBOs) were not adequate to meet the high expectations of large corporate social investors. Under Outreach model, Smile Foundation implements the development interventions directly as it requires intensive and professional engagement for a wider and sustained outcome.
Smile Foundation gets a first-hand experience in the nuances of development at the grassroots through its Outreach model and then implements the learning in its SVP Projects through its SVP Partners.