NATIONAL ENTREPRENEURSHIP AWARDS (NEA) 2019

About: 

• Objective: The annual awards have been instituted to honour outstanding young first generation entrepreneurs and ecosystem builders for their exceptional contribution in entrepreneurship development. 
  
  
• Instituted by: Ministry of Skill Development and Entrepreneurship (MSDE). 
  
  
• Categories: There are a total of 45 specially designed awards to be bestowed – 39 Enterprise Awards and 6 Awards for Entrepreneurship Ecosystem Builders.
  
  
• Eligibility: To be eligible for these awards, the nominee (entrepreneur) –
  • must be under the age of 40 years;
    
    
  • must be first-generation entrepreneurs;
    
    
  • must hold 51% or more equity and ownership of the business; and women entrants must individually or collectively own 75% or more of the enterprise.
    
    
  
  
  
• Cash prize: Winners will be presented with a Cash Prize of ₹5 lakh (enterprises/ individuals) and ₹10 lakh (organizations/ institutes).