Smile Foundation has evolved two working models namely, Social Venture Philanthropy (SVP) and Outreach. Depending on the necessity and circumstances, either of the models is deployed.
Social Venture Philanthropy (SVP) is an innovative model based on the business concept of venture capital. Under SVP, Smile Foundation identifies and implements its development projects through credible community based organizations. We also handhold and build capacities of these organizations, focusing on achieving scalability and sustainability, creating a culture of leadership and excellence and inculcating a deep sense of accountability among them.
Under Outreach model, Smile Foundation implements the development interventions directly as it requires intensive and professional engagement for a wider and sustained outcome. While working in remote rural areas, we realized that an intensive on-ground intervention is needed, which might be beyond the capacity of community based organizations and hence, we directly implement such projects, liaising with local community stakeholders for better social return on investment.