National Startup Award 2023

Eligibility

1. The startup should be a DPIIT recognized startup. The entity must submit their certificate of recognition.

2. The entity must submit their certificate of incorporation or partnership deed.

3. The entity must have a hardware or software product or a process solution that is present in the market.

4. The entity must have all applicable trade trade-specific registrations (example: CE, FSSAI, MSME, GST Registration, etc.)

5. 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.

6. 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. In case your startup is less than 3 years old, please upload all available financial statements. Startups which are less than a year old and do not have audited financials, will be exempt from this requirement. In case of non-availability of audited financial statements for FY 21-22, provisional statements issued by chartered accountant may be provided.

7. The entity should not be completing 10 years of incorporation on or before March 31 st , 2024.

Decoration

1. A cash prize of INR 10 lakhs will be awarded to one winning startup in each of the categories by DPIIT.

2. The winner and the finalists will be provided handholding support in the growth journey of their startups.

No. of Awardees

1 startup will be awarded in each category. 20 startups in total will be awarded across the 20 categories.

Who can nominate ?

DPIIT Recognized startups are eligible to apply for National Startup Awards.

Selection Process

Each startup will be evaluated within the category for which they apply. Only one startup in each category would be declared a winner. The details submitted by the startups will be evaluated over phases, and the finalists will be invited to make their presentations in front of an evaluation jury comprised of relevant government and industry stakeholders.

Ceremony Details

The presentation of the Awards will be made at an Award Ceremony on a date and time as may be decided.