The Indus Entrepreneurs (TiE) Delhi-NCR has announced the TiE-Lumis Partners Excellence Awards to honour the spirit of entrepreneurship. Companies set up less than five years ago are eligible for the awards that will identify thoughtfully nurtured and meticulously executed ideas by young Indians.
The TiE-Lumis Partners Excellence Awards, now in its third year, will recognize the innovative work and passion of the entrepreneurs who braved many odds to make a mark for themselves.
"TiE will identify outstanding efforts of three young Indians who have put their blood, sweat and equity to nurture an idea, and set up successful ventures," says Geetika Dayal, Executive Director, TiE Delhi - NCR.
"We are happy to jointly promote the spirit of entrepreneurship and honour the effort behind each successful venture," says Sandeep Sinha, Managing Partner, Lumis Partners.
Individuals and organizations representing a private independent entity in business for less than five years (not a subsidiary of a large firm) can enter their nominations online at http://excellenceawards.tiesummit.org by November 30, 2010.
The two-layered evaluation process will be done by a jury of senior TiE members. The jury will judge the entries on the basis of the applicants' understanding of the market vis-à-vis product placement, differentiators, value proposition and social impact. The applicants should have achieved a turnover of over Rs.1 crore or at least five paying customers. The 6- 8 shortlisted finalists will be invited to present their ideas at the TiE Entrepreneurial Summit. The eventual three winners will be honoured on December 22, 2010.
