DPIIT extends National Startup Awards 2023 deadline

In a move to provide aspiring entrepreneurs with additional time to showcase their groundbreaking ideas and profound societal impact, the Department for Promotion of Industry and Internal Trade (DPIIT) has extended the deadline for submissions for the National Startup Awards 2023.

DPIIT has extended the deadline for applications till June 15, 2023. This event, organized under the Ministry of Commerce & Industry, aims to commemorate innovations from all corners of the country and aligns with the visionary framework of 'Vision India @2047', which charts the path for India's transformation into a developed economy driven by the spirit of Amrit Kaal across key themes.

The National Startup Awards have gained immense recognition over the years for their role in highlighting the invaluable contributions made by visionaries who have revolutionized the Indian startup ecosystem.

These awards were initiated in 2020 by the DPIIT with the objective of bestowing recognition and rewards upon exceptional startups and enablers within the startup ecosystem. By fostering innovation, creating groundbreaking products, and exhibiting tangible social impact, these entities have played a pivotal role in driving India's entrepreneurial spirit forward.

One of the key highlights of the National Startup Awards 2023 is the cash prize of Rs 10 lakh that will be awarded to one winning startup in each category. However, the benefits don't end there.

The winners and finalists will also receive exclusive handholding support, granting them access to investors and government networks, mentorship programs, international market exposure, connections with established corporates and unicorns, and a wealth of other valuable resources. This holistic support system aims to provide startups with the necessary tools and opportunities to thrive in today's competitive business landscape.

For those interested in participating, the application process is simple. Visit the official National Startup Awards website and submit your application before the revised deadline of June 15, 2023.

The eligibility criteria require startups to be DPIIT-recognized, have a hardware or software product or a process solution in the market, possess all applicable trade-specific registrations, and provide audited financial statements for the past three years. Additionally, certain documents, such as certificates, proof of ownership, and videos explaining the product or service, need to be prepared for the submission process.

The National Startup Awards 2023 also offers a range of categories for startups to nominate themselves. Each startup can apply for a maximum of two categories, allowing them to showcase their diverse offerings and potential. It is essential to note that startups that have previously won in any sector or category in the National Startup Awards will not be eligible to participate in this edition.

The awards ceremony holds significant promise for the winners, as it will open doors to various opportunities in their entrepreneurial journey. Recognition from such a prestigious platform can enhance their business prospects, facilitate partnerships and financing, and position them as role models for other budding entrepreneurs. Moreover, it will inspire these startups to be more purposeful and responsible in their socio-economic impact, fostering a culture of innovation and sustainable growth.

In conclusion, the National Startup Awards 2023 presents a golden opportunity for India's innovative entrepreneurs to gain recognition, support, and resources that can propel their startups to new heights. With the deadline extension to June 15, aspiring entrepreneurs and enablers now have an extended window to showcase their transformative ideas.

By participating in this esteemed event, startups not only have a chance to win substantial cash prizes but also unlock doors to invaluable connections and guidance that can shape the future of their ventures. So, mark your calendars and seize this opportunity to be a part of India's vibrant startup ecosystem.

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