Women Entrepreneur Award 2020-21
#letyourtechshine
"MeitY – NASSCOM Startup Women Entrepreneur Awards 2020-21 for software products, in partnership with UN Women"
"It is the rise of women entrepreneurs in technology"
As we move towards the next year in the techade, it becomes imminent to acknowledge the contribution of women entrepreneurs in technology towards better innovation and increased economic gains. Women constitute around 14% of the total entrepreneurship in India and we are seeing these numbers growing at a fast pace even in the burgeoning technology industry. The MeitY – NASSCOM Startup Women Entrepreneur Awards 2020-21 for software products, in partnership with UN Women, are here once again to recognize and celebrate the technical prowess of women entrepreneurs in India.
Award Categories
- Disruptive Marketer of the Year -
Founder who has developed a unique business outreach model and has made
remarkable progress using innovative ideas.
- Iconic Women Personality of the Year -
The creator of a new market that didn't exist before.
- Emerging Startup - Businesses and
organizations that are in the very early stages of development, i.e.
businesses that have been in existence for 3 Years or less at the closing
date for entries.
- Startup of the Year –
Emerging Tech - Best Tech Startup (Artificial Intelligence / IOT /
Virtual Reality / Blockchain etc.)
- Startup of the Year – Sectoral -
Best Startups in Specific Sectors (Agritech/ Healthcare / Edutech /Rural
Governance/ Clean Energy/ Water/ Environment)
- Startup Of the year - Social Impact Startup
towards achievement of Sustainable Development Goals (SDGs)
–Startups penetrating deeply for impacting the most disadvantaged or
underprivileged section of society with focus on SDGs on Poverty
Reduction, on Gender Equality and on Promoting Decent Work and Economic
Growth
Note: Each
applicant can apply for one or multiple categories to a maximum of 3
Winner Rewards
·
Rs. 2 lakhs cash reward per
category
· Recognition and increased awareness of startup in the industry
· Market access through enterprise connects and other sources in the ecosystem
Evaluation Criteria
Product Excellence | Evaluated based on product's relevance, its emphasis on innovation and differentiating factor along with value it can create for consumers. |
Business Excellence | Evaluated based on operating model, milestones achieved and growth trajectory along with co-founders' credibility and attractiveness to investors. |
Market Excellence | Evaluated based on product's market approach, competitiveness, opportunity and market outlook. |
Technology Excellence | Evaluated based on the use of technology and resource mix. |
Qualifying Criteria
a) The women
Entrepreneur (applicant)
- Should be a Founder or
Co-Founder
- Should be a majority stake
holder (at least 33% of founders equity)
- Should be actively running
the business
b) Startups:
- The startup should be
registered in India / DPIIT registered
- Should qualify the
definition of startup (DPIIT guidelines)
- Must have 51% or more
shareholding with Indian citizen or person of Indian origin. The applicant’s
entity should not be a subsidiary company of any foreign corporation.
Must be registered on Indian Software Products Registry (www.ispr.gov.in)
Terms and
conditions
1. Only companies, firms or businesses
registered, based in India can apply
2. Each applicant can apply for one or
multiple categories to a maximum of 3. In case the applicant qualifies for more
than 1 category for the final round, they will be allowed to move forward only
in the category in which they have scored the highest.
3. By submitting the application, the
applicant has indicated consent to the Award’s rules and regulations. The Jury
and the WEA Steering Committee have the right to reject or disqualify applicant
entry, if the entry does not comply with any of the Award’s rules and
regulations.
4. MeitY and NASSCOM reserve the right to
amend the Terms and Conditions at any time without prior notice.
5. Participants shall ensure all
information provided is true, complete and accurate.
6. Applicants with more than 1 registered
business should submit financial statements of all companies which they are
registered shareholders for consideration.
7. Applicants must be the owner-manager
primarily responsible for the recent performance of a privately held India
based company or a founder of a listed Indian based company who is still active
in senior management.
8. Failure to meet any of the deadlines
will result in disqualification.
9. MeitY and NASSCOM shall not be
responsible and liable for the loss of any award-related documents or
materials.
10. The decisions of the jury are final and
binding.
11. All proposals and supporting documents
are non-returnable and will be kept strictly confidential.
12. Award Winners can use the Award logos,
certificate for promotional or publicity purposes, on the condition that no
modification is made, and shall be represented in a proper manner in accordance
to the identity of the award, and subjected to the approval of the competent
authority in MeitY and NASSCOM.
13. MeitY and NASSCOM reserve the right to
use the award as well as the names and/or companies of the Winners for promotional
or publicity purposes either directly or indirectly.
14. Participants will provide and maintain an
active email address throughout the Awards to receive all communications from
the Award Steering Committee.
15. The parameters for evaluation are subject
to revision by the internal and external juries and Awards steering committee
16. WEA Steering Committee has the right to
ask for proof of information provided / audit the information provided in the
entry form. If such a request is made and the participant does not agree, the
participant could be disqualified from participation at the Awards.
17. If, after the conclusion of the Award
ceremony, any information provided by any participant is found to be incorrect
in any manner, the participant will be liable to return the Award and any
monetary / non-monetary incentives provided as part of the Award
18. Determination of whether information is
incorrect or not rests with Awards steering committee.
For any queries please write to roopa@nasscom.in.