National Startup Awards: Southern states bag 22 honours; rewards to encourage enthusiasm among young entrepreneurs, says Piyush Goyal

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Goyal said new technologies would help in the economic development and take the fruits of development and growth to the last man in the pyramid

The Centre announced the first ever National Startup Awards on Tuesday rewarding innovations from across the country.

Startups form the five southern states bagged a majority of 22 awards in 35 categories. Of the 22 startup awards, 14 were bagged by the startups in Karnataka.

Telangana and Kerala bagged 3 awards each while two honours went to Tamil Nadu for innovations.

Minister of Railways and Commerce and Industry Piyush Goyal released the list of the companies that were picked for the award.

A total of 1,641 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.

The first edition of the awards invited applications across 12 sectors, which were further sub-classified into a total of 35 categories and 3 special 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.

Congratulating the winners, Goyal said that the awards will generate excitement and enthusiasm among the young entrepreneurs in taking their innovative ideas to the higher level. 

He said the awards are unique in terms of breadth and span and recognise new ideas, innovations and new ways of working. 

“These are not only the recognition and celebration of the new eco-system but will also encourage the startup fraternity to aim for the sky.  Some of them will become the future unicorns and success stories of India which the world will see and recognise.  This will propel the startups to expand and serve new geographies and large number of people,” said Goyal.

The minister said that startups are going to play important role in many strategic sectors. 

“New technologies will help in the economic development and take the fruits of development and growth to the last man in the pyramid. Technology can help the people across the country to build up skills, achieve scales and improve quality,” Goyal said. 

He called upon the startups to enlist themselves in the government e-market place (GEM) so that they can offer their services to the government departments and large number of customers. 

The minister said that it is nice to see that people in the country are now becoming job creators rather than job seekers. 

He said that state governments are also facilitating and incentivising the entrepreneurs and this positive approach augurs well for their expansion and growth. 

Goyal said that the COVID-19 should not be seen as a challenge but as an opportunity and those who are coping up with this challenge and fight with focused approach with ideas, innovations and good execution, will reap the dividends.

The Department for Promotion of Industry and Internal Trade (DPIIT) has conceived the National Startup Awards to recognise 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.

Image credit: File photo

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