FAQs NEAS 2017

What's the age relaxations for the awards?
Entrepreneurs who registered their enterprise (A Co. or an LLP as per the Indian Acts) should be below the age of 30 years as on the date of first advertisement of the call for awards. 5 years age relaxation will be given to candidates from SC, ST and Persons with Disability (PwD) category.The enterprise must have been registered at least 3 years before the date of first advertisement of the current call.

Who all can apply for the awards?
Any Indian national working in the Indian Territory and who fits to the eligibility criteria, can apply for the awards. Please refer to eligibility criteria for details in the Guidelines (hyperlinked) section.

What is applicant category? How many Applicant Category one can apply in?
In the large diverse country as ours, it is necessary to make the reach wide and far across all regions and various sections of the society. Thus applicant category is one of the first criteria of ascertaining the type of the entrepreneur based on their caste, gender and business activity's geographical location etc. An applicant can apply selecting maximum two applicant category.

How many Award Category one can apply in?
An applicant can chose only one award category to be considered for the award

What is the total number of awards to be given this year?

Number of awards at National Entrepreneurship Awards, 2017
Awards Goods Category 6
Services Category 5
Social Enterprises 1
Women Entrepreneurs 1
Entrepreneur/s from SC/ ST Category 1
Entrepreneur/s from Persons with Disability (PwD) Category 1
Difficult Areas – North East/ J & K/ Islands/ Backward area rural enterprises 1
Barefoot Enterprises 1
Entrepreneur with Vocational Skills 1
Total Awards in Award Track 18
Recognition Institutes providing entrepreneurship courses (Government & Private) 2
Business Incubators (Government & Private) 2
Mentors (Government & Private) 2
Total Awards in Recognition Track 6
Total Awards at National Entrepreneurship Awards 2017 24

What is the mode of application?
The application for all the categories will only be accepted through online mode.

What is application dates.
Applications for the year 2017 will be accepted from July 28th 2017 to September 30th 2017.

Will there be any physical examination and verification of selected enterprises?
Yes. A select team will visit and verify the entrepreneurs and their enterprise's business activities before finally declaring them winner for the awards.

When will the winners be announced?
The winners will be announced around October 20th, 2017.

What is the 'recommendations for the mentors' is all about in the Recognition Track?
In the recognition track, in the Mentor award category, one can apply himself/herself for the award of the Mentor OR anyone can nominate a candidate for the award in the Mentor category. One of the requirement for the consideration of award in this category is, recommendations from mentee or teacher or senior colleagues etc. We are asking for minimum three and maximum five recommendations for this category. A candidate nominated by a mentee will require minimum two more recommendations. And a person applying himself/herself will be required to secure minimum three recommendations.

What will happen if I submit an application with some wrong information or wrong document attachments?
The application shall be rejected summarily. The applicant may choose the tender a fresh application again.

For how many awards category one company/organization can apply to?
Only one.

Can an individual apply for Awards Track and Recognition Track?
Yes. If the candidate fits the eligibility criteria in both the tracks, s/he may apply by filling applications in both the tracks.

What are the key documents required for the application?
The application will require following key documents from the applicant-

  1. Audited bank statements
  2. Cash flow statement
  3. MoA and AoA (of the enterprise and/or of the co-producers)
  4. Balance Sheet and P&L for last three years
  5. Details of patents/ trademarks/ copyrights etc, if any
  6. Mandatory industry certifications
  7. Credentials of the founding team members
  8. Business flow diagram, if any
  9. Letter of recognition/certificate of award etc. won during the last 3 years
  10. Any other supporting document to substantiate the data