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The INAE young Innovator & 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.<\/p>\n
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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.<\/p>\n
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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.<\/p>\n
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The nominations would be sought from INAE Fellows\/CEOs\/Directors\/Head(s) of Industry, R&D organizations, Engineering institutions and Departments\u00a0where nominee is currently working. Self-nomination is not permitted.<\/p>\n
Nominations in respect of Women Innovators & Entrepreneurs shall be encouraged .<\/p>\n
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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 four awards would be given every year.<\/p>\n
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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 INAE Young Innovator & Entrepreneur Award. In case no nomination is found suitable, no award would be conferred during that year.<\/p>\n
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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.<\/p>\n
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A scanned copy of the prescribed Nomination Form duly signed by the Nominator along with supporting documents, if any, should be submitted to INAE by email at inaehq@inae.in. In case, the Nomination Form is not signed, the same may please be forwarded through official email address. INAE Office shall confirm the authenticity of the nomination received by checking with the nominator either through email or on phone.<\/p>\n