Escolar Documentos
Profissional Documentos
Cultura Documentos
The Force for Rural Empowerment and Economic Development - GSBI™ Class of 2010
Theory of Change:
Turn Waste to Wealth by turning the
wastelands in India into jatropha
plantations to improve the environ-
ment and produce biofuel. Local Solution:
marginalized women are employed
to cultivate the land which increases FREED conceives, designs, and implements projects transform-
their income potential and raises the ing wastelands into jatropha plantations that produce biofuel
standard of living. that replaces imported fossil fuels and qualifies for carbon cred-
its. We do this by forming Self Help Groups that undertake cul-
tivation and fuel extraction, providing marginal poor with income
opportunities. Government agencies and corporations provide
wasteland for cultivation and purchase the biofuel thus creating
economic development, reducing their cost of oil consumption
meeting mandates to use renewable energy.
“Through our 300 hectare unit project, FREED will provide employment for 2500 marginal-
ized women, additional income of $486,680 and produce 306 kilolitres of biofuel in 5 years.”
- Somnath Pyne, Co-Founder and CEO
Growth Plan:
2011: Expand to three states
2013: First bio-diesel will be produced
(306 kiloliters)
2014: Expansion to 4 states, 5,000
Ha, and 612 kiloliter production Social Impact:
526
“The work of FREED to provide
additional income and produce
biofuel utilizing wasteland is
changing the lives of local mar-
ginalized population.” – Ujjal
Chatterjee, Chairman, Kulti Mu-
nicipality, West Bengal, India Investment Required:
$500,000 USD of seed capital is required to develop each 300
Ha. unit project. Grants are needed to fund a unit project for
which land has been allocated. Grant amounts for subsequent
unit projects will be lower because earned income will be used
to fund new unit projects.
This profile was developed during the 2010 Global Social Benefit Incubator™, the signature program of
Santa Clara University’s Center for Science, Technology and Society.
Updated 8/26/2010. www.scu.edu/sts/gsbi