Deadline: 15-Apr-22
Applications are now open for the Amazon Smbhav Entrepreneurship Challenge for high-potential startups to accelerate their growth and create long-term impact at scale.
They welcome all Indian startups building promising products and services for India and the world. Shortlisted startups will get an opportunity to pitch their businesses to the leaders of the Indian startup ecosystem. The winners will be announced at the Amazon Smbhav Mega Summit and will be supported by Amazon to take their business to the next level.
Apply now to access cash prizes, exclusive rewards, market access, global exposure, a curated mentoring program and an opportunity to showcase your brand to potential customers, leading investors and industry experts!
Category Awards
- Most Sustainability Focused Startup.
- Most Promising Woman-Led Startup.
- Most Promising Consumer Product Startup.
Prize Details
- Amazon Smbhav’22 Startup of the Year Cash prize of ₹ 40, 00,000.
- First Runner-Up Cash prize of ₹ 15, 00,000.
- Second Runner-Up Cash prize of ₹ 10, 00,000.
Other Awards
- 6 winners:
- Opportunity to discuss funding with leading investors in India.
- $10,000 in Freshworks credits.
- Top 25:
- $10,000 in AWS credits, $1500 in Business support credits.
- Amazon Global Selling support for 1 year.
- Amazon Launchpad access up to 6 months.
- 1-on-1 mentoring.
- Other exclusive offers.
- Top 250:
- $5000 in AWS credits, $1500 in business support credits.
- Rs. 10,000 in Zoho wallet credits.
- Exclusive offers from partner organizations such as Freshworks, Notion, Paytm, Airtable, Segment, HubSpot Chargebee and more.
- Curated group mentoring program.
- Access to an exclusive founder network.
- All other applicants will get $1000 in AWS credits, $350 in developer support credits, $4000 in Freshworks credits and Amazon Global Selling support.
Benefits
- Cash prizes up to Rs. 65 lakhs
- Get equity-free cash prizes – Rs. 40 lakhs for the winner, Rs. 15 lakhs for the 1st runner-up and Rs. 10 lakhs for the 2nd runner-up.
- Exclusive rewards
- All participants can choose from a range of complimentary rewards from Amazon and partner organizations.
- Exposure
- Showcase your business to potential customers, and gain international exposure and media visibility.
- Investors & Mentors
- Pitch to top-tier investors and take advantage of additional mentoring programs to grow your business.
- Perfect your pitch
- Get guidance on preparing your pitch deck, and key tips from their community of experts and past winners.
- Networking
- Build connections with top entrepreneurs, mentors, investors, business leaders and a peer network of founders.
Eligibility Criteria
- Sector agnostic
- Open to startups across all industries, verticals and business models.
- Indian entities
- The startup should be registered in India.
- Startups less than 10 years of age
- The company should not have crossed 10 years since the date of incorporation.
- Annual turnover less than INR. 250 crores
- The turnover of the company has not exceeded INR. 250 crores in any financial year.
For more information, visit https://smbhav.amazon.in/summit/participate/startup-pitch