MSMEs play a pivotal role in driving economic growth, creating employment opportunities, and promoting innovation. They are the backbone of the Indian economy, contributing significantly to GDP and fostering local development. The MSME Awards aim to highlight the remarkable achievements of these businesses, bringing them into the spotlight and providing them with well-deserved recognition.Register for ET MSME Awards 2023.
Categories and Criteria:
The MSME Awards feature a diverse range of categories to accommodate businesses from different sectors. Whether you are a manufacturer, service provider, technology start-up, or any other form of MSME, there is a category tailored to your area of expertise. The award categories include:
- Indian MSMEs of the Year – This award aims to recognise and celebrate the success of Indian MSMEs based on the scale of the positive impact created by them over the past year.
- India’s Top Exporter MSMEs – Acknowledging MSMEs that have excelled in international markets, contributing to export growth and promoting the country’s brand globally.
- Indian Top Performing MSMEs – This category will look at an MSME’s growth in the national market-revenue generated and customer size.
- Fastest Growing MSMEs – This award aims to recognise MSME that have clocked the fastest revenue growth.
- Top Innovative MSMEs – Recognising MSMEs that have made significant breakthroughs in product, service, or process innovation.
- Indian MSME Women Award – Celebrating women entrepreneurs who have made remarkable achievements in their respective fields and are inspiring role models for others.
- Best CSR Initiative – Honouring MSMEs that have demonstrated exceptional commitment to environmental sustainability, social responsibility, and ethical practices.
The MSME Awards is in its 4th edition, and a flagship initiative to recognise MSMEs in 26 different award categories.
To apply for the MSME Awards, interested businesses must complete the official application form available on the MSME Awards 2023 website. The form will require applicants to provide detailed information about their business, including its background, achievements, impact on the local economy, and any supporting documents or testimonials. The deadline for submitting applications is August 31, 2023.
Evaluation and Selection:
After the submission ET Editors & ET MSME Awards programme partners will evaluate & shortlist MSMEs for next phase. A jury round would then take place to select the finalists based on various factors, such as business growth, innovation, sustainability, social impact, and market presence. Finalists will be selected based on their outstanding performance and alignment with the award criteria.
Recognition and Benefits:
The MSME Awards not only provide recognition to exceptional MSMEs but also offer several benefits to the winners.
Publicity and Exposure: Winners will receive extensive coverage, helping to raise their profile and increase brand visibility.
Networking Opportunities: The awards ceremony and related events will provide a platform for networking with industry leaders, potential investors, and government representatives.
Industry Validation: The prestigious MSME Award serves as a validation of excellence, boosting the confidence of customers, partners, and stakeholders.
Be a part:
The MSME Awards represent an incredible opportunity for Micro, Small, and Medium Enterprises to showcase their achievements, innovation, and impact. By recognising and celebrating the successes of these businesses, ET aims to inspire others, encourage entrepreneurship, and contribute to the overall growth of the MSME sector. Don’t miss this chance to be part of a distinguished group of MSMEs driving change and economic prosperity.