DPIIT invites applications for National Startup Awards 2023, Winner to receive Rs 10 Lakh

The fourth edition of National Startup Awards, NSA 2023 has been announced by Department for Promotion of Industry and Internal Trade.

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Manisha Sharma
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The fourth edition of National Startup Awards, NSA 2023 has been announced by Department for Promotion of Industry and Internal Trade (DPIIT).  The applications for National Startup Awards 2023 have been made live from April 1 2023. These awards will focus on celebrating innovation from across the country, in line with Vision India @2047.

The first National Startup Awards were concluded in October 2020 by DPIIT to 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. In three years, Over 6,400+ startups and has recognised over 450 startups as winners and finalists.

In the recent edition of National Startup Awards 2023, the startups will be awarded across 20 categories, which have been decided upon thorough deliberations on current Indian and global economic focus points. These categories have been accommodated to ensure that the best startups of the ecosystem are being awarded and to create a more cohesive and cross functioning startup ecosystem.

Eligible Categories for Startups

Categories of Awards One startup in each of the categories would be declared the winner:

S. No.Award CategoryAward Focus Area
1Women-Led InnovationStartups led by at least one-woman director
2Impact in Rural AreasStartups creating wealth, livelihood and improving lives through their innovations in rural areas
3NextGen InnovatorStartups with student founders who have built innovative solutions at a young age
4Indigenous Ingenuity ChampionStartups that have been manufacturing in India
5India’s Social Impact ChampionStartups working towards social impact in healthcare, Indic language, education, livelihood, or any other allied area
6Excellence in Innovation from the North-East and Hilly States/UTStartups with innovative solutions from Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh, Jammu & Kashmir, Ladakh and Uttarakhand
7Sustainability ChampionStartups focused on climate change, sustainability, waste management, renewables, or allied sectors
8Champions of Cultural HeritageStartups preserving or proliferating textiles, art, and tourism among others
9Retail Innovator of the YearStartups in retail technologies or food processing
10Best Startup of the YearStartup with the aggregate highest score amongst all categories
11Rising Star AwardEarly-stage startups with growth potential
12Genesis Innovators of the yearStartups focused on disruptive technology, including, Deep-Tech
13Accessibility Innovation AwardStartups working towards improving accessibility for people with disabilities (PwD)
14Financial Inclusion AwardStartups working towards financial inclusion & literacy
15AeroInnovate AwardStartups focused on aerospace, drones, or aviation solution
16Excellence in Local to GlobalStartups with an international consumer base
17Independent Trailblazer AwardStartups who have been bootstrapped from their inception
18PivotPro AwardStartups that have changed the existing business model and successfully revamped their business in the face of adversity
19The Next Pioneer AwardStartups that have strong product-market fit, and are building a sustainable, successful business
20Innovators for Agriculture and Animal HusbandryStartups working for adoption and promotion of innovative farming and production practices
(Source: #Startupindia )

To know more read here: https://www.startupindia.gov.in/content/sih/en/nsa2023.html

Prize Detail:

Winner will get cash prize of INR 10 lakhs will be awarded to one winning startup in each of the categories by DPIIT. Winners and finalists will also be given exclusive government support, including investor and government connect, mentorship, international market access, and corporate and unicorn connect, DPIIT said in a statement.

Deadline for applying:

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The applications for National Startup Awards 2023 have been made live from April 1, 2023 and the deadline for submissions is May 31, 2023 as per official release by the commerce ministry.