The Commissionerate of Industries, Government of Andhra Pradesh, Foundation for MSME Clusters (FMC), Bulk Drug Manufacturers Association of India [BDMA(I)], and Pharmaceuticals Export Promotion Council (Pharmexcil) are pleased to announce the Innovation Awards for MSMEs. The Award program is intended to acknowledge, reward, and celebrate the spirit of innovation among Andhra Pradesh based micro, small, and medium enterprises operate in drugs, pharmaceuticals and bio-pharmaceuticals spaces.
 

Innovation is often an activity that is undertaken by MSMEs without themselves recognizing as such. More often than not, innovations carried by MSMEs go unnoticed, unrecognized and unrewarded. Innovation Awards Program provides platform to innovative life-science enterprises to highlight their innovations. The State level Award Program is envisaged to help innovative enterprises to get recognition among industry, peers, customers, consumers, government, and support-institutions. Unlike other innovation award programs that are shadowed by big-ticket innovations and large players, Innovation Awards for MSMEs acknowledges and rewards small-ticket but critically important incremental innovations.

 

 

Benefits

 

Innovation Awards for MSMEs is an excellent platform to highlight innovations to industry, customers, and consumers. The Awards present numerous opportunities of free publicity for innovative products, processes, and services; besides one cash award of INR 2,00,000/-, one cash award of INR 1,00,000/-, along with total five Certificates of Excellence, and testimonies from renowned personalities of national and international distinction.

The Awards are envisaged to bolster brand value of innovations and innovators (enterprises), which in turn, will help MSMEs in their future endeavors of propagation.

Also, the winners will receive a specially designed Innovation Award logo,
which they can use on their products, documents, website etc., for promotional and marketing purpose.

 

 

All Andhra Pradesh based MSMEs operate in drugs, pharmaceuticals, and bio-pharmaceuticals are encouraged to apply for the Award Program. Please download the brochure and application kit for more information. Alternatively, write to sourabh.gargav@msmefoundation.org; anijit.bhattacharya@msmefoundation.org .

 

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