Comments
The Confederation of Indian Industry (CII), Southern Region, in association with The Hindu BusinessLine will hold the seventh edition of the Emerging Entrepreneur Awards 2016 on March 24, 2017, at Hyderabad.
Speaking on the sidelines of a CII event here today, C K Ranganathan, Chairman, CII SR Emerging Entrepreneur Awards 2016 said, “Entrepreneurship brings a sense of belonging derived from doing one’s own thing and providing employment to many. It provides the opportunity to create wealth and make the best of the economic environment.”
Ranganathan said, “India has the potential to be among the world’s leading economies by 2050. India’s economy can gain significantly from the country’s characteristic features — a democratic open society, a strong technology base, unparalleled diversity, vibrant capital markets, an increasingly youthful population, a sizeable market of a large number of customers with vast unmet needs as well as an environment of full and free competition in the private sector."
The CII has initiated a framework to recognise first generation entrepreneurs with innovative business ideas.
The first edition held in 2009-2010 received an overwhelming response and since then in a short span of five editions has established itself firmly as an inspirational and aspirational award amongst the entrepreneurial community.
The objective of the award is to recognise, showcase and provide the necessary hand-holding to entrepreneurs and mentor them to scale up their businesses.
Through these awards, CII had recognised entrepreneurs for their excellence in concept & excellence, strategy & scaling-up, niche market initiatives, and entrepreneurship with a social face and more such unique practices, Ranganathan said.
To be eligible for the award initiative, one has to be a first generation entrepreneur, with an innovative idea in an emerging business area. He or she should have a minimum of three years and a maximum 10 years of sustainable business and a minimum of Rs 5 crore turnover for the financial year.
The company has to be registered with operations in South India. The CII SR is expecting around 300 nominations.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.