National Entrepreneurship Awards 2018: Honouring Young Entrepreneurs of India

Deadline: 16 November 2018

The Ministry of Skill Development and Entrepreneurship (MSDE) is seeking nominations for National Entrepreneurship Awards 2018 to recognise and honour outstanding young first generation Entrepreneurs and their Ecosystem Builders for their outstanding contribution in entrepreneurship development.

A total of 43 Awards under NEA2018 have been carefully considered to enable participation of young achievers below the age of 40 years and their ecosystem builders across sectors, geographies and socio-economic background through the process of nomination. The purpose is to highlight models of excellence for others to emulate and improve upon.

Prize Information

Winners will be felicitated in a high profile Award Ceremony and will be presented

  • Trophy
  • Certificate
  • Cash Prize worth 2.3 Cr.
  • Enterprise/ Individuals – 5 lakh
  • Organisations/ Institutions – 10 lakh

Award Categories

  1. Award Category A: Enterprise Awards – 39 Awards
    • Award Types under Category A1 i.e. initial investment up to ₹ 1 L:
      • Sector Awards with investment up to ₹ 1L (9 Nos.)
        • Textile, textile articles, leather and related goods
        • Agriculture, food processing and forestry – also includes vegetable products, vegetable fats, prepared foodstuffs and agri-tech
        • Chemicals, pharma, bio and others
        • Retail Trade
        • Renewable energy and waste management
        • Handicrafts
        • Healthcare
        • Hospitality, Tourism & Travel
        • Logistics, transports, e-commerce & other services
      • Special Category Award with investment up to ₹ 1L (4 Nos.)
        • Women Entrepreneurs
        • Entrepreneurs from SC/ST
        • Entrepreneur from PwDs Category
        • Entrepreneurs from Difficult Areas
    • Award Types under Categories A2 and A3 i.e. initial investment above ₹1 L to ₹ 10 L and Initial investment above ₹10 L to ₹1 Cr:
      • Sector Awards with investment above ₹ 1L to ₹ 10L (9 Nos.) and above ₹ 10L to ₹ 1Cr (9 Nos.)
        • Textile, textile articles, leather and related goods
        • Agriculture, food processing and forestry – also includes vegetable products, vegetable fats, prepared foodstuffs and agri-tech
        • Chemicals, pharma, bio and others
        • Engineering systems, base metals & articles, machinery & mechanical appliances and medical devices
        • Renewable energy and waste management
        • Handicrafts
        • Healthcare
        • Hospitality, Tourism & Travel
        • Logistics, transports, e-commerce & other services
    • Special Category Awards with investment above ₹ 1L to ₹ 10L (4 Nos.) and above ₹ 10L to ₹ 1Cr (4 Nos.)
      • Women Entrepreneurs
      • Entrepreneurs from SC/ST Category
      • Entrepreneur from PwDs Category
      • Entrepreneurs from Difficult Areas
  2. Award Category B: Ecosystem Builders Award – 4 Awards 
    • Award types under Ecosystem Builders Category:
      • Entrepreneurship Development Institutes/ Organisations
      • Incubation Centres
      • Mentors
      • Promoters Rural Producer Group Enterprise

Eligibility Criteria

  • Enterprise Award Category:
    • Entrepreneur’s age should be below the age of 40 years as on April 1st 2018.
    • The candidate should be a First-Generation Entrepreneur/s. The definition of a first-generation entrepreneur for the scheme is “An entrepreneur who is not in the same line of business as his/her parent. They should have started the enterprise on their own initiative, idea or innovation”.
  • Eco-System Builder Award Category:
    • Eligibility criteria of Eco-System Builder Award Category for (a) Entrepreneurship Development Institutes/ Organisations; (b) Incubation Centres; (c) Mentors; (d) Promoters Rural Producer Group Enterprise should have completed a minimum six years of service in their respective field as on April 1st, 2018. They should be well established and recognised in their field and Entrepreneurship Promotion and Development. The trainees, incubates, mentees and enterprises (hereinafter referred to as candidates) supported by them should have made significant progress in their ventures due to the efforts of such Eco-System Builders. Such Eco-System Builders will have to provide references of such candidates.

How to Apply

Applicants can apply online via given website.

Eligible Country: India

For more information, please visit National Entrepreneurship Awards 2018.

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