IndiaPRwire helps announce the launch of yet another challenge; this time, focusing on micro, small and medium enterprise (MSME) business plans. The nationwide challenge, titled Sankalp, is presented by India Development Gateway, a new portal “designed to overcome the barriers currently limiting flow of capital into social enterprise.”

Sankalp 2009 is a serious attempt at identifying social enterprise investment opportunities within the Indian MSME space. What makes this challenge unique is the force that powers it- the India Development Gateway (IDG) is an easily browsable website rich with information that helps entrepreneurs improve their concept and connect to an online community of mentors, experts and investors for networking. Sankalp 2009 effectively leverages the online platform and helps entrepreneurs make their plans investment worthy, link finance and expertise to business opportunities, and make high potential, socially relevant investable plans visible globally through the IDG platform.

The first round of the competition closes December 29, 2008. Rural Innovations Network plans to sponsor a special prize for the most innnovative business plan, in addition to cash prizes for the top winners. If you have an idea for a MSME, be sure to submit your business plan.