The 'Spirit of Manufacturing' Award is an initiative by TiE Delhi- NCR and Power2SME to recognize and applaud the innovation in the manufacturing industry of India, driven by the new breed of companies in the country.
Nominees need to undergo 3 rounds of shortlisting before becoming the winners of Spirit of Manufacturing Awards.The awards will be held on 29 November 2018 at the TiE
Global Summit 2018, New Delhi
Phase 1: Registrations will be opened on July 2nd and interested candidates may apply till 7th October 2018.
Phase 2: The applicants will be assessed on their ventures and eligibility criteria and shortlisted. They will need to fill in a short form which would then be evaluated by the panel of judges to select the final round contestants.
Phase 3: Applicants from Phase 2 will be shortlisted and notified of their selections by 8th November 2018.
Jury Round: All the shortlisted candidates will present the story of their venture, the logistics, achievements and growth strategy with the Jury which comprises industry veterans and experts. The Jury will select the final winner on the basis of presentations as well as the previous scores over the various rounds of selection
Criteria for Selection
The 'Spirit of Manufacturing ' Award is committed to recognize and acknowledge the innovators in the manufacturing space. The selection and shortlisting will be based on the innovation and the tangible impact the startup has made to the way of doing
The businesses will be required to give proof points in support of their innovation. The expert panel will review the business, the success, the innovation and its impact on the business, amongst other critical parameters before shortlisting the company.
- This award is only open for companies in the manufacturing domain.
- The company should be a registered Indian entity and should operate within India.
- The company should have completed less than 10 years of operation.
- The innovation should be in the implementation phase (demonstrable).
- The innovation can be across any vertical, and not limited to the technology domain