Ministry of MSDE to honour most promising entrepreneurs

Speed Post News Network

New Delhi : The Ministry of Skill Development and Entrepreneurship (MSDE) will host third edition of the National Entrepreneurship Awards (NEA) on January 4, 2019, at Dr Ambedkar International Centre, Janpath, New Delhi. The awards aim to recognise and honour outstanding young first-generation entrepreneurs and those who have contributed immensely in building the entrepreneurship ecosystem.

The ceremony will be chaired by Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship, and Anantkumar Hegde, Minister of State for Skill Development & Entrepreneurship. Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation, will be the Chief Guest at the award ceremony.

This year, a total of 43 awards will be presented including 39 awards for Young Entrepreneurs in different sectors and 4 awards for Entrepreneurship Ecosystem Builders. The winners will receive a trophy, certificate and cash prizes ranging from Rs 5 to 10 lakh.

The awards are classified into three investment categories – below Rs 1 lakh, between Rs 1 lakh to 10 lakh, and between Rs 10 lakh to Rs 1 crore; covering small to big first-generation entrepreneurs below the age of 40 years. This is to ensure that entrepreneurs from every socio-economic category take part in the award and they are duly recognised for their meaningful contribution to the economy of the nation, according to a PIB release.