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National Startup Awards 2021 sponsored by Department for Promotion of Industry and Internal Trade (DPIIT)

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.

Eligibility: 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.

Last date: Sunday, January 31, 2021