Micro enterprises (Turnover between ₹ 0 - 5 crores)
The
enterprise can apply in 3 out of the following main awards
Nasscom SME Inspire Awards - 2024 is an initiative of the nasscom SME Council, with the mission to recognize the leaders in “Micro, Small and Medium Enterprises (MSME)” who have achieved unparalleled business growth & are well poised to march ahead thanks to their Innovative solutions & Delivery excellence.
This will be the 2nd edition of the awards and will felicitate the accomplishments of micro, small and medium enterprises in the Tech services, products and BPM industry through 23 distinct categories of the awards. The participating enterprises are classified into Micro (0-5 Cr. Revenue), Small (5 - 50 Cr. Revenue), Medium (50 - 250 Cr. Revenue) Segments.
The main award categories, comprising of 16 awards , will be classified based on the size of the enterprise (Micro/Small/Medium), the nature of business offerings (Tech Services /Tech Products & Platforms / BPM) and achievements in terms of growth leadership, innovation, and delivery excellence.
In addition, there are 7 categories of special awards which aim to recognize enterprises who
Apart form these 23 awards, there are 2 more awards which are reserved for SMEs operating in manufacturing sectors from various other industries and have harnessed the transformative potential of technologies to propel growth, improve product/service quality and enhance efficiency in their operational landscape.
An enterprise with an organizational turnover between ₹0 - 5 crores for the financial year 2022-23.
An enterprise with an organizational turnover between ₹5 - 50 crores for the financial year 2022-23.
An enterprise with an organizational turnover between ₹50 - 250 crores for the financial year 2022-23.
SMEs operating in the technology sector who provide technical expertise & services to enterprises, global customers, government etc to help them manage / transform their business operations.
SMEs operating in the technology sector who have undertaken initiatives to create innovative products / technology solutions to address a specific business challenge of their targets customers / end users.
SMEs who specializes in process outsourcing and deliver value to their customers by helping them in process improvements aided by tools & technology.
The award recognizes micro, small, and medium enterprises across categories - Tech Services...
The award recognizes micro, small, and medium enterprises (across categories - Tech Services, Products, and BPMs) that have demonstrated the ability to adapt and rapidly respond to the disruptions while at the same time have grown exponentially in the last 2-3 years.
The award recognizes micro, small, and medium enterprises across categories - Tech Services...
The award recognizes micro, small, and medium enterprises (across categories - Tech Services, Products, and BPMs) that have driven successful innovation initiatives, enabled by people, process, technology and culture, and demonstrated business results for their customers.
The award recognizes micro, small, and medium enterprises that have demonstrated the...
The award recognizes micro, small, and medium enterprises that have demonstrated the imagination, unparalleled agility & resolve to overcome business challenges to deliver an outstanding level of service to their clients.
The award honours enterprises that have implemented effective talent management practices to proactively build a workforce for the future. The award will specifically recognize initiatives that innovate employee engagement practices, improve diversity, enhance employer branding, foster leadership development, and drive technology adoption across talent initiatives.
The award recognizes enterprises for their CSR initiatives thus contributing immensely towards humanity & nation building.
This award recognizes the companies, in the field of Artificial Intelligence who bring Artificial Intelligence to life and apply it to solve real problems. (1 award each for Product/platform and Services based companies).
The award celebrates enterprises that have ensured environmental sustainability practices are ingrained in their internal processes - driving value and fuelling growth for the organization while strengthening environment and society.
In this changing world of work, the workforce must be future ready through upskilling and continuous learning. The new strategies to thrive in the new world of work need to be holistic, hyper-personalized, cross-functional and collaborative. The purpose of the award is to promote excellence, establish best practices, and encourage innovation in training and L&D.
The award recognizes outstanding women leaders who exemplify the spirit of entrepreneurship & have demonstrated exceptional leadership skills and excellence in their chosen areas.
Nasscom SME Inspire Awards - 2024 also aims to recognize Small & Medium enterprises who are primarily manufacturing units from various other industries and have harnessed the transformative potential of technologies to propel growth, improve product/service quality and enhance efficiency in their operational landscape. This award is further segregated into 2 subcategories: one each for small enterprises (organizational turnover upto INR 50 cr.) & medium enterprises (organizational turnover between INR 50cr.& INR 250 cr.)
The application form must be filled in English.
Submission to be done online only
The applicant enterprise may nominate itself for 5 awards (at max).
All the questions are Mandatory. In-case you find any question not relevant to you, Please write "Not Applicable" or "Data Not Available"
In case a subsidiary of an enterprise is applying, please provide all information and documentation related to the subsidiary only, as information pertaining to the group and/or parent enterprise will not be considered for the purpose of evaluation of application.
Please provide information to the relevant depth and level of detail/granularity.
Nasscom will ensure that the data/information shared will be kept strictly confidential and will be used only for the purpose of these awards. Any company-specific data/information, in part or in full, will not be published in any public domain without the explicit approval of the respective companies.
MSMEs which are members of nasscom and have consolidated annual turnover less ₹ 250 crores for the financial year 2022-23 are eligible to apply. The core offerings of the MSME units should be into Tech Services and/or Products & platforms and/or Business Process Management (BPM) & outsourcing space (including software development companies, system integrators, product & platform solution providers including white-label solutions and third-party service providers in Tech / BPM space). If the organization is head-quartered outside India, at least 2/3rd of the employees should be based in India.
However, there are 2 awards which are reserved from MSMEs operating in manufacturing sectors from various other industries for their 'Tech Adoption Initiative', can be applied by non-nasscom members.
Yes, you are eligible to apply if your enterprise's turnover is less than ₹ 250 crores for the financial year 2022-23. You may apply as one of the following sub-segments of an MSME with turnover, as applicable for the financial year 2022-23:
| MSME Sub-segment | Turnover Requirement for Eligible Enterprises |
| Micro enterprises | ₹ 0 - 5 crores |
| Small enterprises | ₹ 5 - 50 crores |
| Medium enterprises | ₹ 50 - 250 crores |
No, you are not eligible to apply for the awards as the participating enterprise must be a nasscom member.
However, in case you are a manufacturing SME - you can still apply for the award which is reserved from MSMEs operating in manufacturing sectors from various other industries for their 'Tech Adoption Initiative'; please click here to apply:
No, you are not. Global Capability Centers (GCCs are offshore units of large multinationals which concentrate workers and infrastructure that handle operations and IT support to sustain productivity growth.) are not eligible to apply for the awards.
