Evaluation

All Innovations in the time period between July 2019 to March 2021 can be nominated by

Any enterprise nominating for the awards should fall under the current MSME Classification i.e. the company should have a domestic annual turnover upto INR 250 Crores. The innovators will have to submit proof of the innovation and its commercial / social application. Registered Patents, Copyrights, Certificates of recognition for the Innovation from the Council of Scientific and Industrial Research (CSIR), Indian Council of Agricultural Research (ICAR), Indian Council of Medical Research (ICMR), Defence Research & Development Organisation (DRDO), Scientific and Industrial Research Organizations (SIROs), Indian Institutes of Technology (IITs), the Indian Institute of Science (IISc), research & development institutions & organisations including the Biotech Industry Consortium, financial institutions and banks including the Small Industries Development Bank of India (SIDBI), recognised Incubators and Accelerators, NGOs in Innovation and Entrepreneurship and/or any authorized R&D centres.

All nominations will be reviewed by the screening committee of the TIIA to ensure they meet eligibility criteria.

All completed nominations will be reviewed by the panel of professionals, all of whom are senior executives with diverse marketing, scientific and business backgrounds who are recognized experts in their fields.

Upon conclusion of this primary review/ screening process, a ballot of finalists i.e our selected 50 nominated innovators are showcased. These 50 selected finalists will be placed on a live platform to showcase their innovations to the live audiences & vote.

The Innovator acquiring the maximum number of votes from the audience will be the winner who will receive a prize money of Rs. 1 Lakh.

Top 50 Nominated Innovators will be getting a platform to showcase their innovations in front of the live audience where the audience will be deciding the top 1 innovator among the 50 nominations.

Each Nominated company will be receiving a featured book on innovation “Innovation : Key to Success for Enterprises” written by Dr. J S Juneja, as a token of appreciation.