This is the second edition of the National Startup Awards. Agriculture, Animal Husbandry, Drinking Water, Education Skill Development, Energy, Enterprise Technology, Environment, Fintech, Food Processing, Health Wellness, Industry 4.0, Security, Space and Transport and Travel and Travel were some of the sectors that included agriculture, Animal Husbandry, Drinking Water, Education Skill Development, Energy, Energy, Enterprise Technology, Environment, Food Processing, Food Processing, Health Wellness, Industry 4.0.
Six special categories were also introduced to recognize outstanding Startups contributing to the good of the society. There were 2,177 applications received from startups across the 49 sub-sectors, along with applications from 53 incubators and 6 accelerators for the ecosystem enablers categories. These applicants included 863 Women-led, 414 innovations for combatting COVID 19 and 253 startups working in rural areas, Ministry of Commerce and Industry said in a statement.
The ministry said that all applicants were evaluated against six broad parameters namely Innovation, Scalability, Economic Impact, Social Impact, Environmental Impact and Inclusiveness and Diversity.
After three rounds of rigorous evaluation, 175 startups were selected to present to the jury, which comprised 16 expert jury panels, which included domain experts from industry, investors and government.
They will be able to draw more business, financing, partnerships and talent, as well as to serve as role models for other entities, and to be purposeful and responsible for their socio-economic impact, as a result of recognition.
As many as 53 applications were received from incubators and 6 applications were received from Accelerators. After three rounds of evaluation, select incubators and accelerators were selected for presentation to the Jury Panel that gave presentations before the Jury.
The publication of an e-Report on National Startup Awards 2021 highlighted the year round handholding support provided to the finalists of the first edition of National Startup Awards and the journey of NSA 2021, along with the release of an e-Report on National Startup Awards 2021.
Prime Minister Modi believes in the potential of startups to contribute significantly to the growth of the nation during the next 25 years of Amritkaal. He believes innovation is the strongest pillar in making India 'Aatmanirbhar', Goyal said.
They all want to bring prosperity to their families and to their people, and are thinking bigger and bolder, the minister said.
The Department for Promotion of Industry and Internal Trade DPIIT created the National Startup Awards to recognize and reward outstanding startups and ecosystem enablers that are building innovative products or solutions, with high potential for employment generation or wealth creation, demonstrating measurable social impact. The financial gains for investors are the most important measure of success, as well as the contribution to the social good.
Speaking on the occasion, DPIIT Secretary Anurag Jain said the department will handhold the Startup Award finalists across seven tracks i.e. Investor Connect, Mentorship, Government Connect, Capacity Development, Corporate Connect, Brand Showcase and Unicorn Engagement are some of the things that Investor Connect, Mentorship, Government Connect, and Unicorn Engagement.