The Nestlé Prize in Creating Shared Value (CSV) is awarded every other year to encourage and reward innovative projects in the areas of water, nutrition and rural development. It is open to individuals, governmental and non-governmental organisations, academia and social enterprises.
The Prize Laureate is selected by the Nestlé Creating Shared Value Advisory Board, and the winning entry benefits from an investment of up to CHF 500 000 (more than USD 540 000) to scale up its project. The nominations for the 2012 Nestlé Prize in CSV have now closed and the Prize Laureate will be announced on 05 November 2012 at our Global Creating Shared Value forum in Delhi
FARM BUSINESS ADVISOR: The first Nestlé Prize in Creating Shared Value was awarded to IDE Cambodia for its innovative approach to increasing agricultural productivity and income for Cambodian farmers.
Prize Winner 2010
In May 2010, International Development Enterprises (IDE) Cambodia won the inaugural Nestlé Prize in CSV for their Farm Business Advisors (FBA) programme. Through an innovative and market-based approach, the non-profit organisation has developed a network of FBAs – independent small rural entrepreneurs – who give technical advice while selling high-quality products to small-scale farmers.
Between May 2010 and September 2011, IDE Cambodia leveraged the Nestlé Prize in CSV to recruit and train an additional 47 FBAs. More than 100 FBAs are now serving almost 13 000 farmers and have generated sales revenues of more than USD 215 000 (CHF 195 000).
In 2012, there will be an expansion of the FBA network in Cambodia, with approximately 140 FBAs being added. IDE continue to adapt its successful FBA model in Ethiopia, Ghana and Mozambique, taking into account the experience and lessons learnt from Cambodia.
If you have further questions about the Nestlé Prize in CSV, please contact us at email@example.com.