India is rapidly growing towards advancement in technology and new innovations, and a big reason for the same is country’s strength in startups. India ranks third globally as far as startup strength is concerned and is steading fast in leaps and bounds.
India Startup Day
To support this growth and momentum, Facebook has always played a pivotal role in empowering new businesses and nurturing the ecosystem of startups in India. Taking a step further, Facebook is all set to launch Startup Day Awards with the First Ever India Startup Day to be celebrated on the 9th of October’2018.
Those who are becoming the game changers in the industry and are playing an important role in bringing fresh ideas and innovations to the country would be recognized and awarded by Facebook on this day.
Brand Speak
“India Startup Day is our way of reaffirming our commitment to enable the developer and startup community through our tech programs and to celebrate stories of founders and leaders applying technology to solve current and future societal challenges. This will also be an opportunity to learn more about the challenges this new generation of entrepreneurs face and meet the business leaders and policymakers who are building the future,” says Satyajeet Singh, Head of Platform Partnerships – India & South Asia, Facebook.
Award Categories
Building for the World: The category would recognize the efforts of companies that are working on global solutions and can see traction outside India as well.
She Leads Tech: This award is particularly targeted at successful women entrepreneurs and would be awarding companies that have a woman founder/co-founder.
Building for the Next Billion: This category would seek excellence in startups working towards environmental, cultural or social issues in India.
Building for Tomorrow: This award would be for startups working towards a strong tech-driven future and applying emerging technologies like AR/VR to give solutions to existing problems of the ecosystem and reinvent the business dimensions.
Community Builder: This award will recognize startups that are building solutions to support the startup community in India.
Who can apply
To apply for the contest one has to be a legal resident of India and the startup should also be registered in India. The startup should have completed a minimum of 6 months operation with at least one full-time employee and have an original product or technology that can be licensed with a function that is not available currently in any off the shelf product.
Judging Factors
Innovativeness
Current Market Traction
Potential for Impact
This is definitely a great opportunity for startups and shouldn’t be missed. You can apply for the Facebook Startup Day Awards here
