New Delhi: The results of the National Startup Awards 2020 were released by Minister of Railways and Commerce & Industry Piyush Goyal here today.
The Department for Promotion of Industry and Internal Trade (DPIIT) has 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.
The first edition of the Awards invited applications across 12 sectors, which were further sub-classified into a total of 35 categories. These 12 sectors are Agriculture, Education, Enterprise Technology, Energy, Finance, Food, Health, Industry 4.0, Space, Security, Tourism and Urban Services. Apart from these, startups are to be selected from those which create impact in rural areas, are women-led and founded in academic campuses.
A total of 1641 applications were received from startups spread across 23 States and 4 Union Territories. These applicants included 654 Women-led, 165 academic institution based and 331 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, 199 startups were selected for presentation before the jury. 192 out of these made presentations before the 15 specialist jury panels, which comprised of domain experts from industry, investors and government.
31 applications were received from incubators and 10 applications were received from Accelerators. 9 incubators and 5 Accelerators were selected after three rounds of evaluation for presentation before Jury Panel. All of them gave presentations before the Jury.
Click here for the full list of the winners
