The fourth edition of the National Startup Awards 2023, NSA 2023 will be one of the biggest award platforms to recognize, reward, and promote as well as offer exclusive handholding support to a diverse set of startups. These startups are driving the sustainable transformation of the Indian economy and generating measurable impact for society. National Startup Awards 2023 aims to identify, support and connect top startups within the country.
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Startup India is a flagship initiative that fosters innovation and startups to boost economic growth and employment. “Simplification and handholding,” “Funding support and incentives,” and “Industry-academia partnership and incubation” are among the 19 Startup India Action Plan items. The Action Plan and other startup growth initiatives have made significant progress.
National Startup Awards 2023: Celebrating Innovation & Entrepreneurship in India | Apply Now
The National Startup Awards 2023 is open to startups across 20 categories. Startups can apply across 19 categories, including agriculture, education, health, energy, and logistics.
Startups can get national exposure at the National Startup Awards 2023. Winners receive cash, mentoring, and other benefits to grow and scale their businesses.
The awards promote startup entrepreneurship and innovation in India. Startups will attract more entrepreneurs, create jobs, and boost the economy with government support.
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DPIIT will give one winning startup in each of the categories a cash prize of INR 10 lakhs. The National Startup Awards’ winners and finalists receive carefully crafted handholding support in a variety of focus areas, including mentorship, investor connect, corporate connect, government pilot, and procurement support, among others, in every edition. Additionally, the startups will be given first preference for attendance at various national and international startup events in which DPIIT is taking part.
Despite the challenges, the Indian startup ecosystem has shown remarkable resilience and innovation, which has helped boost the nation’s socio-economic growth. As a follow-up to the first edition, National Startup Awards 2021 honoured 2,177 startups from 49 sectors of the economy, 53 incubators, and 6 accelerators.
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46 startups, 1 incubator, and 1 accelerator were honoured by the Hon’ble Minister for Commerce & Industry, Shri Piyush Goyal, on January 15, 2022, during Startup India Innovation Week, which also announced National Startup Day as January 16. Six special categories honoured exceptional Startups that benefit society. The 2021 awards honoured innovative Startups promoting Indic languages and aiding COVID-19 pandemic efforts.
NSA 2022 honoured startups and enablers that have revolutionised India’s development story and have the power and potential to enable Prime Minister Modi’s vision of activating India 2.0, fuelled by Atmanirbhar Bharat. The recognised entities were expected to benefit from such recognition by attracting more business, financing, partnerships, and talent, as well as by inspiring other entities and budding entrepreneurs to be purposeful and responsible about their socio-economic impact. NSA 2022 focused on ESG practises, climate change, and sustainability initiatives like blue economy, green economy, sustainable tourism, digitization, etc.
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In conclusion, the National Startup Awards 2023 offers startups a chance to showcase their products and services and receive government support. The awards support the government’s goal of encouraging innovation and entrepreneurship in India and fostering startup growth. All eligible startups should apply for the recognition and join this exciting journey to improve India.
About Startup India
On January 16, 2016, the Startup India Initiative launched several programmes to support entrepreneurs, build a strong startup ecosystem, and turn India into a nation of job creators. Startup India Team, under the Department for Industrial Policy and Promotion, runs these programmes (DPIIT).