Submissions for Nestlé's 2018 Creating Shared Value (CSV) Prize, accepted till the end of October from anywhere in the world, offer all social and commercial enterprises, as well as non-governmental organisations (NGOs) prizes totalling RM2.2 million for innovative business initiatives that address challenges in nutrition, water or rural development which can be scaled up or replicated.
Nirmalah Thurai, Executive Director, Group Corporate Affairs,
Nestlé Malaysia said, “There are many innovative
socially-conscious projects run by amazing Malaysians. This is a
wonderful opportunity showcase these initiatives on a global platform
and we strongly encourage Malaysian change makers to submit their
This is the 8th edition of the Nestlé CSV Prize, which is held every
two years. This year, it celebrates Nestlé’s 10 years of Creating
Shared Value, a philosophy which is embedded throughout the group. CSV
is based on the belief that for a company to be successful in the long
term and create value for its shareholders, it must also create value
Since the Nestlé CSV Prize was established, Nestlé has
supported nine initiatives, helping them unlock their potential and
create a greater impact.
Online applications for ideas on nutrition, water or rural development are accepted until October 31, 2017. Shortlisted entrepreneurs will have the opportunity to participate in the 2018 World Water Forum in Brazil to pitch their initiatives live to the Nestlé CSV Council.