Selection Criteria

  • ►   Growth oriented efforts & profitable business
  • ►   Background of applicants - First Generation Entrepreneur or family managed business
  • ►   Family Background (family business / agriculturalist / government job / private employment / professional /any other profession)
  • ►   Better business & Financial Management Practices & Good Governance/business ethics
  • ►   Quality assurance and improvement of quality productivities
  • ►   Innovations and Industrial Automation & Commercialisation of Inventions
  • ►   Adoption of advanced technology, focusing on research & development and product design
  • ►   Emphasizing on quality services, utilisation of new concepts for growth & expansion
  • ►   Unique marketing, promotion and branding strategies for improvement of sales & profit
  • ►   Human Resource Management and responsibilities towards welfare of employees
  • ►   Adoption of International Standardisation and Certifications obtained
  • ►   Quality consciousness & commitment towards improvement of quality
  • ►   Strategy for environment protection, if manufacturing or other relevant sector
  • ►   Energy conservation measures
  • ►   Industrial safety measures
  • ►   Growth rate upon employment on year on year
  • ►   Social commitment or contribution for the growth of other SMEs or Young Entrepreneurs or Start-ups
           (by mentoring, guidance, internship and providing Business)
  • ►   Customers and suppliers relations strategy – retained, developed and maintained
  • ►   Future expansion or diversification plans, if any
  • ►   Performance evaluation
  • ►   Details of other Awards conferred
  • ►   Export Performance (direct or indirect)
  • ►   Role of entrepreneurs/CEOs - efforts and achievements

Eligibility Criteria

  • ►   Company should be in operations for the last 3 years in all sectors
  • ►   Young Entrepreneurs & Start-Ups, company should be in operation for last the 2 years.

Selection Criteria for Corporate, MNCs, Banks, NBFCs, PSUs and other organisations:

  • ►   Efforts towards growth of SMEs
  • ►   Promotional activities for growth and expansion and young entrepreneurs
  • ►   Exclusive products or services for SME Sector for the development of their business activity
  • ►   Supporting SMEs to enhance procurement and supply
  • ►   Supporting SMEs (supplier / buyer) – product development, design, research and development, industrial automation, improvement of productivity and quality,        encouraging SMEs to utilize research and development facility (for MNCs, Corporates, Mid-Corporate)
  • ►   Supporting SMEs (customer / service provider) – product development, improvement of quality services, revival of sick units, improvement of financial and business        management system, unique activities for promotion of financial products in SME sectors (for NBFC, Banks and other Institutions)
  • ►   Strengthening SMEs to compete with foreign investors in India
  • ►   Redressal of SME sector problems and issues on time and holding during crises
  • ►   Vendor development activities
  • ►   Educational program and awareness activities for SMEs
  • ►   Exclusive support for women and young entrepreneurs
  • ►   Support services to convert business ideas of Start-ups into profitable ventures