The National Startup Awards, introduced by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Commerce Ministry of India in 2020, aims to recognize and celebrate innovative startups that have made significant contributions across various sectors. The applications for the National Startup Awards 2023 have been open since April 1, 2023, and the deadline for submissions has been extended to June 15. This extension allows aspiring entrepreneurs more time to present their innovative solutions and their impact on society.
The awards aim to commemorate innovations from all corners of the country, aligning with the vision of ‘Vision India @2047’, which envisions India’s transformation into a developed economy. The awards cover a range of categories and themes, and winners receive a cash prize of ₹10 lakhs in each category. Additionally, both winners and finalists will receive exclusive support, including access to investors and government networks, mentorship programs, exposure to international markets, connections with corporates and established startups, and other valuable resources.
Steps :
To register for the National Startup Awards 2023, follow these steps:
- Visit the official website: startup.gov.in.
- Click on the ‘Get featured’ option and select ‘National Startup Awards’.
- On the home page, click on ‘apply now’.
- Select the eligible categories for your startup (maximum of 2 categories).
- Prepare the required documents, which include various certificates, financial statements, pitch deck, and more.
- Ensure all uploads comply with the specified size requirements.
- Submit the application.
Eligibility Criteria
Eligibility criteria for the National Startup Awards 2023 include being a DPIIT-recognized startup, having the necessary registrations, presenting a hardware or software product or process solution in the market, and meeting financial and incorporation requirements, among others.
Guidelines
Guidelines for the National Startup Awards 2023 include restrictions on previous winners, language requirements, self-nomination in a maximum of two categories, and the possibility of legal due diligence for finalists.
Participation in the National Startup Awards provides startups with recognition and various benefits, enhancing their business in terms of financing, partnerships, talent acquisition, and serving as a role model for other aspiring entrepreneurs. The awards encourage purposeful and responsible entrepreneurship with a positive socio-economic impact.
This initiative underscores the Indian government’s commitment to supporting and fostering innovation within the startup ecosystem, helping startups thrive and contribute to the nation’s growth and development.
