National Startup Awards 2023 by Ministry of Commerce and Industry [Prizes Upto Rs. 10L; Multiple Categories]: Apply by May 31

Online Applications are invited from startups across India for the National Startup Awards 2023 by the Ministry of Commerce and Industry, Gov of India. The last date to apply is May 31, 2023.

Event Type: EducationEvent

Event Attendance Mode: OnlineEventAttendanceMode

Event Status: EventScheduled

Performer: Organization

Performer Name: Ministry of Commerce and Industry

Start Date: 2023-04-01 03:36

End Date: 2023-05-31 03:36

Availability: InStock

Availability Starts: 2023-04-01T09:06:23

Editor's Rating:
4.98

Online Applications are invited from startups across India for the National Startup Awards 2023 by the Ministry of Commerce and Industry, Gov of India. The last date to apply is May 31, 2023.

About Ministry of Commerce and Industry

The Ministry of Commerce and Industry administers two departments, the Department of Commerce and the Department for Promotion of Industry & Internal Trade. The head of the Ministry is a Minister of Cabinet rank.

National Startup Awards 2023

The fourth edition of National Startup Awards – NSA 2023 aims to recognize, reward, promote and offer exclusive handholding support to a diverse set of startups.

  • These startups are driving the sustainable transformation of the Indian economy and generating measurable impact for society. NSA 2023 aims to identify, support and connect top startups within the country.
  • The National Startup Awards 2023 will benefit entities from such recognition in various aspects of their business, including but not limited to, business, financing, partnerships, and talent, a role model for other entities and budding entrepreneurs, and will inspire them to be purposeful and responsible about their socio-economic impact.

Eligibility Criteria for Startups

  • The startup should be a DPIIT-recognized startup. The entity must submit its certificate of recognition.
  • The entity must submit the Certificate of Incorporation issued by the Ministry of Corporate Affairs or Certificate of Registration from the Registrar of Firms of the respective state.
  • The entity must have a hardware or software product or a process solution that is present in the market.
  • The entity must have all applicable trade trade-specific registrations (for example CE, FSSAI, MSME, GST Registration, etc.)
  • There should not have been any default in the last three years (FY 2019-20, 20-21, 21-22) by the entity or any of its promoters or any of their group entities.
  • The entity must submit audited financial statements (balance sheet, profit & loss account) for the last three financial years FY 2019-20, 20-21, 21-22).
  • The entity should not be completing 10 years of incorporation on or before March 31st, 2024.

Rules and Guidelines

  • Startups who have won under any sector/sub-sector or category in any of the previous editions of the National Startup Awards will not be eligible.
  • The award application form is to be filled in English only.
  • One startup can nominate itself in a maximum of 2 categories.
  • Finalists may be subject to a legal due diligence review by independent third-party evaluators. If the individual/ organization refuses such a request, Startup India holds the right to select the next highest-scoring nominee as the award winner.
  • By participating in the National Startup Awards, the startups agree to the Government of India’s and its partner’s use of its name, URL, photos, and videos for promotional purposes on its website and other promotional material.
  • Any false information provided within the context of National Startup Awards by any entity concerning identity, mailing address, telephone number, email address, ownership of right, or non-compliance with these rules or any terms and conditions or the like may result in the immediate elimination of the entity from the awards process.
  • The decisions of the jury and the evaluation agency shall be final and binding.
  • All support agencies, and juries, shall sign (physically or digitally) a non-disclosure agreement with Startup India.
  • DPIIT reserves the right at its sole discretion to cancel, terminate, modify, or suspend the National Startup Awards or not award any entity in any of the categories. DPIIT further reserves the right to disqualify any candidate/entity that tampers with the submission process, commits fraud, or is in violation of criminal and/or civil laws.
  • Allowances shall not be paid to any entity for travel or presentation before a jury.

How to Apply?

Interested Candidates can apply directly through this link.

Steps to Apply

  • Step 1:Register on Startup India and obtain DPIIT recognition
    • In case you are already registered on Startup India and have a DPIIT recognition number, ensure that all the details given on Startup India registration are correct as certain fields will auto-populate in the application form
  • Step 2: Go to the ‘National Startup Awards’ tab on Startup India Website
  • Step 3: Click on the ‘Apply for National Startup Awards 2023’ tab
  • Step 4: Click on ‘Apply’ under the application closing countdown or select the category under which the startup wishes to apply.
  • Step 5:Check the auto-populated details in the participation form for National Startup Awards.
  • Step 6:Fill in the details as mentioned in the application form.
  • Step 7:Ensure to keep the following documents ready for upload:
    • Certificate of Recognition issued by DPIIT
    • Certificate of Incorporation/Certificate from the Registrar of Firms
    • Memorandum of Association, Partnership deed, or other government-accepted proof as proof for a woman founder (if applicable)
    • PAN card for founder/ co-founder
    • Aadhar card for founder/co-founder
    • Startup Pitch Deck (Not more than 10 slides)
    • Trade specific registrations
    • Proof of Patent, IPR (if applicable)
    • Audited financial statements for the past 3 years (Profit & Loss Statement, Balance Sheet, and Income Tax Return) or Provisional financial statements issued by a Chartered Accountant, in case of non-availability of audited financials for FY 2021-22.
    • Please attach all relevant documents, MOUs, or agreements that would make your application stand out, especially, to differentiate your application and to make it more relevant and specific for the applied category.
      • Eg: Proof of admission into an academic institution or proof of graduation or any other relevant document for your application under ‘Next Gen Innovator’.
    • Product proof of manufacturing and ownership certificates for a manufacturing facility for your application under ‘Indigenous Ingenuity Champion’ and etc.
    • 120 seconds video explaining your product or service (this video cannot be a YouTube link; it has to be made for application to National Startup Awards). The video should cover – business model, scalability, innovation, social & economic impact on the environment
    • Self-attested documents with proof of active users, number of employees hired, R&D and prototype development, proof of funding raised, proof of TRL level of startup (if applicable)
  • Step 8: Ensure that all the uploads required to comply with the size requirement as mentioned
  • Step 9: Click ‘Submit’.

Deadline

The last date for online applications is May 31, 2023.

Contact

Queries related to the event can be addressed at:

  • Email: dipp-startups[at]nic[dot]in.

Click here to view the official notification of the National Startup Awards 2023 by the Ministry of Commerce and Industry.