Jain says DPIIT will handhold the Startup Award finalists across seven tracks
Commerce and Industry Minister Piyush Goyal has called upon the Startups to focus mainly on five areas to make India the No. 1 Startup ecosystem in the world.
These are:
Develop solutions & content in Indic languages,
Encourage products & solutions that have a larger social & economic impact,
Promoting Startups in every district across the country, Establish ‘Startup Access centers’ in every district,
Creating Innovation zones at the level of Urban Local Bodies, and
Adopt best practices from across the globe & enhance India’s global competitiveness.
Addressing the Startups on 15 Jan 2022, Goyal assured, “(The) Government is standing with our innovators and so is the entire country…Let’s Innovate for India, innovate from India!”
The Department for Promotion of Industry and Internal Trade (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.
“Our journey together doesn’t end here with just awards, we will walk step by step with you in this journey,” he said.
During the ceremony, the Results of the National Startup Awards (NSA) 2021 were declared. A total of 46 Startups have been recognized as winners of National Startup Awards 2021 along with 1 incubator and 1 accelerator.
The second edition of the awards invited applications across 15 sectors and 49 sub-sectors.
The sectors included 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. Six special categories were also introduced to recognize exceptional Startups contributing to the good of the society.
The 2021 edition of the awards also recognized exceptional Startups innovating solutions to promote Indic languages and to compliment national efforts to combat COVID-19 pandemic.
A total of 2,177 applications were 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.
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 detailed evaluation, 175 Startups were selected for presentation before the jury which made presentations before the 16 specialist jury panels, which comprised of domain experts from industry, investors and government.
The recognised entities will benefit from such recognition, not only in terms of being able to attract more business, financing, partnerships and talent, but also enable them to serve as role models for other entities, and to inspire them to be purposeful and responsible about their socio-economic impact.
Fifty-three applications were received from incubators and 6 applications were received from Accelerators. Select incubators and accelerators were selected after three rounds of evaluation for presentation before Jury Panel which gave presentations before the Jury.
The felicitation ceremony was accompanied by the release of an e-Report on National Startup Awards 2021 highlighting the year-round handholding support provided to the finalists of first edition of National Startup Awards and the journey of NSA 2021.
The ‘Blockchain-enabled verification for DPIIT tax incentive certificates’, ‘Digilocker enabled DPIIT Startup recognition certificate’ and second edition of the ‘Startup Champions’ programme on Doordarshan were also launched during the event.
The DPIIT conceived the National Startup Awards to recognize and reward outstanding Startups and ecosystem enablers that are building innovative products or solutions and scalable enterprises, with high potential of employment generation or wealth creation, demonstrating measurable social impact. The measure of success is not only the financial gains for the investors, but also the contribution to social good. fiinews.com
