INAE Young Entrepreneur Award

Purpose of the Award

The INAE young Entrepreneur Award is instituted to encourage and recognize innovation and entrepreneurship among Young Engineers. The engineering innovations/inventions/concepts that have been actually realized and implemented in industry either in new processes or products would be given preference.

Eligibility

Any citizen of India not older than 45 years as on the 1st of January 2019.

Criteria

Both innovation and entrepreneurship together would be considered important and young innovators from Academia/Research organization or Industry whose novel engineering/technology ideas have been translated into successful startup enterprises would be given preference.

Validity

A nomination is valid for one year only. In case candidate is not selected during the year, there is no provision for nomination to be carried forward for the next year, however re-nomination is permitted.

Call for nominations

The nominations would be sought from Fellows/CEOs/Directors/Heads of industry, R&D organizations, Engineering institutions and Departments. Self-nomination is not permitted.

Last Date for Nomination

The last date of receipt of nominations is June 30 each year.

The Award

The award would carry a citation and a cash prize of Rs 2 lakhs to the selected individual candidate or to be shared by the group of individuals not exceeding three persons. Upto two awards would be given every year.

Selection Procedure

There would be a two-tier selection process wherein the initial shortlisting would be done by the Selection Committee. The shortlisted candidates would be then called for presentation to the Selection Committee. The Selection Committee would recommend the nominee for conferment of the Innovator Entrepreneur Award. In case no nomination is found suitable, no award would be conferred during that year.

Presentation of the Award

The awardees will be invited for the INAE Annual Convention being held in December each year wherein they would be conferred with the Award and may be invited to make the presentation of their work.

Forwarding of Nominations

The ink-signed copy of nomination in the prescribed Proforma may be forwarded at the following address:

Executive Director
Indian National Academy of Engineering
6th Floor, Unit No. 604-609
SPAZE I-Tech Park,Tower A,
Sector 49, Sohna Road
Gurgaon, Haryana (India) – 122018

Phone: 0124-4239480, Fax: 0124-4239481

A scanned soft copy of the completed nomination form should also be sent by email to inaehq@inae.in

Nomination Form

Recipients of INAE Innovator Entrepreneur Award

2018
Mr. Nitesh Kumar Jangir, Director, Coeo Labs, Bangalore
Prof. Tarun Gupta, Indian Institute of Technology, Kanpur and Mr. Tushar Vyas, CTO, Nanoclean Global Private Limited, New Delhi.
Special commendation Award to Dr. Mayank Shrivastava, Assistant Professor, Indian Institute of Science, IISc, Bangalore Bangalore in recognition of his contributions in innovation.
2017
Mr. Mandava Mohana Rao, BHEL, Hyderabad.
Awarded jointly to Mr. Tanuj Jhunjhunwala, Planys Technologies Pvt Ltd. and Mr. Vinay Kumar, PathShodh Healthcare Pvt. Ltd.