FREQUENTLY ASKED QUESTIONS (FAQ)

REG.: DR. AMBEDKAR BUSINESS EXCELLENCE AWARDS

1) What is this DR. AMBEDKAR BUSINESS EXCELLENCE AWARDS?

Reply: Dr. Ambedkar Business Excellence Awards is first of its kind award competition being organised to recognize the contribution of Scheduled Caste (SC) entrepreneurs in all spheres of the Country's economy and reward the outstanding performers for their remarkable achievements in the manufacturing, services and allied sectors across Micro, Small and Medium industries. These awards will be a celebration of contributions of those enterprises led by SC entrepreneurs who have contributed to the ‘Make in India’ initiative and are an inspiration to millions of other enterprises across the country. This competition is being organized by IFCI Venture Capital Funds Ltd. in collaboration with Dalit Indian Chamber of Commerce and Industry, under the ambit of Ministry of Social Justice and Empowerment, Govt. of India.

For more details please visit About under Dr. Ambedkar Business Excellence Awards tab.

2) Who can make a nomination?

Reply: The awards are open for anyone who meets the criteria of the related category.

• The participant should be of 18 years and above age.

• The participant should belong to Scheduled Castes (SC) Community and possess a Valid SC Certificate.

• The participant should have a track record of at least three years of successfully running a business venture in the form of proprietorship concern, partnership concern, pvt limited company, public limited company, LLP, one person company etc.

• The participant (SC entrepreneur) should hold majority stake in the Company.

For more details, please visit Eligibility Criteria under Dr. AMBEDKAR BUSINESS EXCELLENCE AWARDS.

3) Is there any cost to enter?

Reply: No – it’s completely free.

4) Can I fill nomination for more than one category?

Reply: Yes you can nominate in more than one category Just make sure that you meet the eligibility criteria for each category before submitting.

5) How to submit entries?

Reply: Entries have to be Submitted online only and is completed in 4 simple steps:

• Register - or login if you are already a registered applicant.

• Fill in the simple online submission form -- remember you can select multiple categories for each entry.

• Upload your supporting material such as Image, Website links, PDF or Video links if needed.

• Click on the SUBMIT button.

6) Business description should be in how many words?

Reply: It is recommended that you keep your synopsis to approximately 350 words for each section. The brief should contain the synopsis of the required fields which may strengthen your entry, as well as provide the jury a better understanding of your project. A written translation or adaptation must accompany with non-English/vernacular entries.

7) Is there any last date of application?

Reply: Yes. The last date of application is 15th February 2022. The registrations are open. You may apply now.

8) What is the reward for winners of this Competition?

Reply: The awards are a recognition and a token of appreciation for those enterprises led by SC entrepreneurs who have contributed to the ‘Make in India’ initiative and are an inspiration to millions of other enterprises across the country.

The attractions for the winners are:

• Opportunity for concessional finance under Venture Capital Fund for Scheduled Castes*

ATTRACTIONS FOR WINNERS OF DR. AMBEDKAR BUSINESS EXCELLENCE AWARDS

• Opportunity for concessional finance under Venture Capital Fund for Scheduled Castes*

• Mentorship by successful business personalities

• Capacity building at premier institutes with focus on real-world issues

*As per applicable scheme guidelines

9) Do I require any Recommendation letter from any agency to participate in these awards?

No, you do not require any recommendation / supporting paper to participate in these awards except for meeting the basic eligibility criteria as laid down above.