1. The participating entity must have a registered presence in India for minimum two years as on March 31, 2024 for all categories.
2. Social Enterprises, MSME’s, Startups, NGO’s, Government Organizations and Large – Scale Organizations can apply for the Awards.
3. Product/Solution/Initiative submitted for the Awards must benefit India or a community in India.
4. Product/Solution/Initiative submitted should not be in ideation stage, it should have been operational in the market for minimum two years as on March 31, 2024.
5. Applicants can apply in maximum two categories in one segment.
6. The participating entity entering for the Awards must fall into any of the three Award segments:
Segment A – For-Profit
1. For Social enterprise/MSMEs: Annual turnover should not exceed INR 250 crore as on March 31, 2024.
2. For Startups: The entity should be within ten years from the date of incorporation/registration, with turnover not exceeding INR 100 crore for any financial year since incorporation/registration as on March 31, 2024.
3. Participating entity falling in this segment should have valid MSME/DPIIT/Incorporation Certificate/GST certificate.
Segment B – Not-For-Profit
1. The participating entity should be registered under the Indian Trust Act, 1882, Societies Registration Act, 1860, or as a Section 8, Companies Act 2013, and should not be a part of any Corporate as on March 31, 2024.
Segment C – Corporate
1. The organization must have an annual turnover of more than INR 500 crore as on March 31, 2024.
2. Corporate Foundation and Foundation backed by/ part of a Corporate can apply in this segment.