National Entrepreneurship Awards 2016

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Home Minister Rajnath Singh presented the First National Entrepreneurship awards 2016 in New Delhi.

The awards have been presented in order to recognize the entrepreneurial spirit of India’s youth and encourage more young Indians to become entrepreneurs.

The Entrepreneurship Awards system has been created through a partnership between MSDE and a number of reputed institutions across the country including, Indian Institute of Technology (IIT – Delhi, Mumbai, Kanpur and Chennai), Tata Institute of Social Sciences (TISS), Mumbai and XLRI, Jamshedpur.

Every year, one such institution will play the role of the lead institution to anchor the awards. For 2016-2017, the lead institution is IIT, Delhi.

Awards were presented in 11 categories under two selection tracks – Award Track and Recognition Track. These winners have been selected through a three stage rigorous selection process.

An overview of the winners in these categories, under Award Track is given below:

Agri, Food, & Forestry Products – Wow Momo Foods Private Ltd
Chemicals, Pharma, Bio and other processed material – Saral Design Solutions Private Limited
E-commerce, Logistics, Transport & other Services – JETSETGO Aviation Services
Engineering Services – Swadha Energies
IT &ITES, Financial – Lucideus  Tech
SC/ST – JeevAnksh Eco Products Private Limited
Women – S V Engineering and Consultancy Services

Under recognition track, Awards were presented under for categories

Education institute – RSETI, Karnataka
Incubator – TREC-STEP Tiruchirappalli Regional Engineering College- Science and Technology Entrepreneurs Park
Mentor (Government Sector) – Dr. Harkesh Kumar Mital, Head, National Science &  Technology Entrepreneurship Development Board, (NSTEDB), Department of Science &Technology, Govt. of India.
Mentor (Private Sector) – Mr. Pradeep Gupta, Chairman, CyberMedia Group

Winning individuals/ enterprises were given a prize amount of Rs. 5 lakhs, while winning organisations were given Rs. 10 lakhs.

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