Startup India National Startup Awards 2021

Startup India National Startup Awards 2021

Deadline: 31st January 2021

Startup India National Startup Awards 2021

Startup India’ is a flagship initiative that aims to build a strong eco-system for nurturing
innovation and Startups in the country that will drive sustainable economic growth and generate large-scale employment opportunities.

The National Startup Awards 2021 seek to recognize and reward outstanding startups and ecosystem enablers that are contributing to economic dynamism by spurring innovation and injecting competition. Startups that are building innovative products/solutions, scalable enterprises, with high potential of employment generation or wealth creation, demonstrating measurable social impact.

The measure of success will not only be the financial gains for the investors but also the contribution to the social good.

Details of Awards

1. Prize

Following prizes that shall be awarded to Startups, Incubators, and Accelerators
Startups
I. A cash prize of INR 5 lakh shall be awarded to one winning Startup in each of the
Subsectors
II. The Winners and Runners up shall be given priority for participation in various
National and International Startup events sponsored by DPIIT
Incubators
Cash Prize of INR 15 Lakh shall be awarded to one winning Incubator.
Accelerators
Cash Prize of INR 15 Lakh shall be awarded to one winning Accelerator.

Award Categories for Startups

1. Agriculture

2. Animal Husbandry

3. Drinking Water

4. Education & Skill Development

5. Energy

6. Enterprise Systems

7. Environment

8. Fintech

9. Food Processing

10. Health & Wellness

11. Industry 4.0

12. Security

13. Space

14. Transport

15. Travel

Award Categories for Enablers

  • For Accelerators
  • For Incubators

Eligibility Criteria

Startups
I. The entity should be a DPIIT-recognized startup. The entity must submit its
certificate of incorporation or partnership deed.
II. The entity must have a hardware or software product or a process solution that
is present in the market.
III. The entity must have all applicable trade trade-specific registrations (example: CE,
FSSAI, MSME, GST Registration, etc.)
IV. There should not have been any default in the last three years (FY 2017-18, 2018-
19, and 2019-20) by the entity or any of its promoters or any of their group
entities.
V. The entity must submit Audited Financial Statements (Balance Sheet, Profit &
Loss Account) for the last three financial years (FY 2017-18, 2018-19, and 2019-
20). In case of unavailability of audited financial statements for FY 2019-20, an
entity may submit a provisional financial statement for FY 2019-20 issued by a
chartered accountant.

Incubators
I. The Incubator should be structured as an independent entity-a section 8
company, a Public trust, or a Society
II. The Incubator should be operational at least for two years as of 01st January 2021
III. The Incubator must have successfully graduated a minimum of 15 Startups

Accelerators
I. The Accelerator should be structured as an independent entity- A Public trust, or a Society
II. The Accelerator should be operational at least for two years as of 1st January 2021
III. The Accelerator must have successfully graduated a minimum of 10 Startups.

Rules for National Startup Awards 2021

The following rules will be followed:
I. Participation in the National Startup Awards is voluntary.
II. Startups/Incubators/Accelerators who have won in their respective category in National
Startup Awards 2020 will not be eligible to apply for National Startup Awards 2021.
III. One startup can nominate itself in a maximum of two categories.
IV. The application form is to be filled in English only.
V. Finalists may be subject to a legal due diligence review by independent thirdparty evaluators. If the individual/organization refuse such a request, DPIIT
holds the right to select the next highest scoring Nominee as the Award winner.
VI. By participating in the National Startup Awards, the startups, nominator,
ecosystem enablers agree to the Government of India’s and its partners use of
its name, URL, photos, and videos for promotional purposes on its website and
other promotional material.
VII. 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.
VIII. The decisions of the Jury and the implementation committee shall be final and
binding. At the discretion of the jury, awards may not be presented in any
Sector or Sub-sector, if a deserving entity is not found.
IX. All Support Agency(s), Jury, shall sign (physically or digitally), a non-disclosure
agreement with DPIIT.
X. 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 sector or
sub-sector. 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.
XI. DPIIT reserves the right to seek additional details and share necessary
information with other stakeholders.
XII. Allowances shall not be paid to any entity for travel or presentation before the
Jury.

For more Information: Visit the webpage for Startup India National Startup Awards 2021