Ministry of Skills Development and Entrepreneurship has announced the fourth edition of National Entrepreneurship Awards,2019.
The awards has been instituted in a bid to recognize and encourage outstanding Indian Entrepreneurs and catalyse a cultural shift in youth for entrepreneurship.
The award aims to honour outstanding young first generation entrepreneurs and ecosystem builders for their exceptional contribution in entrepreneurship development.
The objective of these awards is also to encourage the businesses to not only improve their marketability but also address discontinuity towards better business systems and enhanced products & services with the help of a prize money.
The eligibility for these awards are that an entrepreneur (a)must be under the age of 40 years (b)must be first-generation entrepreneurs (c)must hold 51% or more equity and ownership of the business and (d)women entrants must individually or collectively own 75% or more of the enterprise.