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National Startup Awards
Ministry: Ministry Of Commerce And Industry
Department: Department For Promotion Of Industry And Internal Trade
The National Startup Awards by Startup India aims to recognize and reward outstanding startups and ecosystem enablers building innovative products or solutions and scalable enterprises.
About This Scheme
Benefits
₹10.0 L
- A cash prize of ₹ 10,00,000/- will be awarded to one winning startup in each of the categories by Department for Promotion of Industry and Internal Trade (DPIIT)
- The winner and the finalists will be given the opportunity to present their solutions to relevant public authorities and corporate for potential pilot projects and work orders.
- The winners and finalists will be given priority for participation in various national and international startup events where DPIIT is participating.
Eligibility
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The startup should be a (DPIIT)Department for Promotion of Industry and Internal Trade -recognized startup. The entity must submit its certificate of recognition.
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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
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The entity must have a hardware or software product or a process solution that is present in the market.
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The entity must have all applicable trade trade-specific registrations (for example (CE)Common Era, (FSSAI) Food Safety and Standards Authority of India, (MSME)Ministry of Micro, Small & Medium Enterprises, (GST)Goods and Services Tax Registration, etc.)
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There should not have been any default in the last three years (FY)Fiscal year 2019-20, 20-21, 21-22) by the entity or any of its promoters or any of their group entities.
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The entity must submit audited financial statements (balance sheet, profit & loss account) for the last three financial years (FY)Fiscal year 2019-20, 20-21, 21-22. In case your startup is less than 3 years old, please upload all available financial statements. Startups that 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 financials for (FY)Fiscal year 21-22, provisional statements issued by Chartered Accountants may be provided.
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The entity should not be completing 10 years of incorporation on or before March 31st, 2024.
Required Documents
- ✦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, specially, to differentiate your application and to make it more relevant and specific for the applied category.Eg : Proof of admission into 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 manufacturing facility for your application under ‘Indigenous Ingenuity
- ✦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 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).
✦ Required ◦ Optional
How to Apply
Step1: 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 the 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 and select the category under which the startup wishes to apply. You will only be able to fill out the form through the registered account of the recognized startup on the Startup India portal.
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 documents ready for upload.
Step 8: Ensure that all the uploads required to comply with the size requirement as mentioned
Step 9: Click ‘Submit’
Quick Info
- Level
- Central Government
- Max benefit
- ₹10.0 L
- Launched
- 5 Apr 2016
Categories
Data Sources
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