DPIIT announces National Startup Awards As Boost For Startups

The Department for Promotion of Industry and Internal Trade (DPIIT), with the aim to support and recognize the innovation of the Indian startup eco-system, has decided to hold National Startup Awards 2020.

The DPIIT has invited applications for the first ever National Startup Awards from startups that are recognized by the DPIIT. The last date for submission of applications is December 31, 2019.

The National Startup Awards will recognize and reward outstanding Startups and ecosystem enablers that are building innovative products or solutions and scalable enterprises, with high potential of employment generation or wealth creation, demonstrating measurable social impact, reads the official website.

The National Startup Awards will also reward exceptional Incubators and Accelerators as key building blocks of a strong startup ecosystem.

The awards for Startups will be given in 35 areas, classified into 12 broad sectors like agriculture, education, enterprise technology, energy, finance, food, health, Industry 4.0, Space, Security, Tourism and Urban Services. In addition, there are three special awards for Startups from educational institutions making impact in rural areas and women entrepreneurs.

Details About the Awards

• A cash prize of Rs 5 Lakh will be awarded to the winning Startup in each area.
• The winners and four runners-up will also be given opportunities to present their solutions to relevant public authorities and Corporates for potential pilot projects and work orders.
• They will also be given priority for participation in various national and international Startup events.
• A cash prize of Rs 15 lakh to one winning Incubator
• A cash prize of Rs 15 lakh to on winning Accelerator.

How to Apply

• The applicants are to visit the official website
• The applicant will find the three application categories and choose the one they want to apply for and register themselves accordingly. The three categories are –

1. As a Startup
2. As an Incubator
3. As an Accelerator

• After registering, they are to log in with your email ID and password to go their application form.

The interested applicants can check the details regarding eligibility and other required information about the National Startup Awards Here