Business and Community Awards
The Business and Community Awards aim to recognize and celebrate businesses and individuals who have made significant contributions to their communities through various initiatives, partnerships, and socially responsible practices. These awards highlight the importance of businesses not only as economic entities but also as community stakeholders that can drive positive change and impact.
Eligibility criteria for the Business and Community Awards typically include:
- Community Impact: Nominees should demonstrate a tangible and positive impact on their local community. This can include supporting local causes, initiatives, and events, as well as fostering social and environmental improvements.
- Innovation: Businesses should showcase innovative approaches to addressing community challenges. This could involve implementing unique programs, partnerships, or strategies that contribute to community development.
- Collaboration: Collaboration between businesses, community organizations, and other stakeholders is often a key aspect. Nominees might be required to showcase successful partnerships that have enhanced the well-being of the community.
- Sustainability: Businesses that prioritize sustainability and responsible practices are often favored. This can involve efforts to reduce environmental impact, promote diversity and inclusion, and uphold ethical business practices.
- Longevity and Consistency: A track record of consistent community involvement and positive contributions over time might be considered. Long-term commitment to community development adds weight to a nominee’s eligibility.
- Testimonials and Evidence: Nominations are usually supported by testimonials, case studies, and evidence of the nominee’s impact on the community. This could include quantifiable data, success stories, and testimonials from community members.
- Size and Sector: Awards might be open to businesses of all sizes and sectors. Whether it’s a small local business or a large corporation, as long as their community engagement efforts are noteworthy, they could be eligible.
- Geographic Focus: Some awards might have specific geographic criteria, focusing on businesses that operate within a certain region or locality.
- Transparency: Openness and transparency in communication about community involvement and impact are often valued.
These awards serve as a platform to inspire other businesses, encourage community engagement, and foster a sense of corporate social responsibility. They recognize and celebrate the symbiotic relationship between thriving businesses and vibrant communities.
For any business, excellence is not just about profitability but also about resilience, innovation, and impact. Striving business excellence requires a strong foundation built on leadership, adaptability, customer-centric approaches, and continuous improvement. It is structured around key areas such as leadership commitment, strategic planning, customer focus, information management, human resource development, and process management. Organizations and individuals conducting self-assessments to identify strengths and areas for improvement, ultimately are striving for sustainable excellence and competitiveness in the global market.
For an emerging company to survive and thrive, it is crucial to have a clear mission and vision, effective leadership, funding and resources, strategic planning, and finally a skilled team that collectively pulls off an excellent execution. The transition of a company from early to mature stage requires external equity funding, which remains a challenge for several Small and Medium Enterprises. Startups in sectors other than e-commerce and fintech often find it hard to secure funding. Legal and regulatory boundations pose another hurdle. Infrastructure too poses a challenge to scale any business. Despite challenges, a select few companies rise above adversity and bring a storm in the market, reflecting stories of perseverance, ingenuity and Business excellence.
In order to encourage and recognize the efforts of such companies in bringing itself a successful position, All India Business And Community Foundation, with pride presents the “Business Excellence Award”. With this accolade, AIBCF aims to provide assistance to Start-ups and MSMEs in becoming competitive in national and international markets and promote trade through meetings with visiting foreign delegations, and participation in Trade Fairs/Exhibitions. All India Business And Community Foundation also provides various platforms to interact and gain knowledge through seminars, workshops and round table conferences and felicitate outstanding performers a global platform for their remarkable achievements in India and abroad, which shall act as a connecting bridge for the company and pave way for further development.
Social entrepreneurship has emerged as a trend in modern business. Social entrepreneurship combines innovation, creativity and opportunity in order to address some crucial and critical social and environmental challenges. It is an altruistic form of entrepreneurship that aims at providing certain benefits to society.
A research article titled Social Entrepreneurship: An Emerging Trend in Business defines social entrepreneurship as the use of techniques by start up companies and other budding entrepreneurs for the purpose of identifying, developing, funding and implementing solutions for various social, cultural, environmental and other societal issues. It attempts to accomplish broader social, cultural, and environmental goals associated with the voluntary sectors in areas like poverty alleviation, health care and community development. For a social entrepreneur, the primary focus is on creating a positive impact rather than solely generating wealth.
The “Social Entrepreneur Award” bestowed by the All India Business And Community Foundation, is a prestigious recognition given to individuals or teams who have demonstrated exceptional innovation, leadership, and impact in addressing social or environmental challenges through entrepreneurial initiatives. These initiatives typically involve the development of sustainable business models that prioritize social and environmental objectives alongside financial success.
The empowerment and autonomy of women and the improvement of their political, social, economic and health status is a highly important end in itself. In addition, it is essential for the achievement of sustainable development. The full participation and partnership of both women and men is required in productive and reproductive life, including shared responsibilities for the care and nurturing of children and maintenance of the household. Across all levels of society, from personal relationships to global decision-making platforms, power dynamics often hinder women from leading healthy, fulfilling lives. Breaking these barriers is not just a moral imperative; it is a strategic necessity for driving economic growth, fostering innovation, and creating resilient communities.
Empowering women (Nari) is not only a social imperative but a strategic move for economic growth and long-term sustainable development. Women’s empowerment leads to increased economic productivity and growth. When women participate fully in the economy, through employment, entrepreneurship, and leadership roles, it expands the labor force and enhances economic productivity and growth. Educated and empowered women are key to better health outcomes, both for themselves and their families. They are more likely to access better healthcare services and prioritize education, creating a generational impact. Women’s voices in policymaking lead to equitable solutions addressing challenges in gender-based violence, resource allocation, climate policies etc. Women bring diverse perspectives and talents to the table in STEM fields and entrepreneurial ventures, it sparks creativity and fosters technological advancements. Women are environmental stewards, playing a key role in natural resource management and environmental conservation efforts, since they mostly face the brunt of climate change and natural disasters. Women are primary custodians of culture.
To honor women who have demonstrated exceptional leadership and commitment to societal progress, the All India Business and Community Foundation (AIBCF) proudly presents the “Women Empowerment Award”. This prestigious recognition is awarded to women who have driven measurable change in their fields—whether through advancing women’s rights, improving socio-economic conditions, increasing representation in leadership roles, reducing gender-based violence, or enhancing educational opportunities for women.
A Professional of the Year is an individual who stands out in their field due to their exceptional expertise, leadership, and commitment to excellence This distinguished professional consistently demonstrates high standards of work ethic, innovation, and integrity, serving as a role model for colleagues and aspiring professionals. A true professional possesses deep knowledge and expertise in their domain. They stay updated with industry trends, continuously learn, and apply best practices to their work. They take responsibility for their tasks, consistently meet deadlines, and ensure quality in everything they do. Beyond personal success, a Professional of the Year inspires and motivates others. They uphold integrity in their decisions, maintain transparency, and build trust with clients, colleagues, and stakeholders. They invest in self-improvement, attend training programs, seek mentorship, and embrace new challenges. Their commitment to growth not only benefits their career but also elevates their entire industry.
To honor individuals who have demonstrated exceptional leadership and high standards of work ethic, the All India Business and Community Foundation (AIBCF) proudly presents the “Professional of the Year Award”. With this accolade, AIBCF intends to encourage industry leaders and aspiring professionals to strive for excellence, push boundaries, and contribute meaningfully to their respective domains.
The Sustainable Business Award recognizes companies and organizations that demonstrate a commitment to sustainability and environmental responsibility in their operations, products, and overall business practices. These awards aim to acknowledge and promote businesses that prioritize long-term ecological, social, and economic well-being.
Eligibility for the Sustainable Business Award typically involves meeting certain criteria that showcase the organization’s dedication to sustainability. These criteria may include:
Environmental Impact: Businesses should showcase efforts to minimize their environmental footprint, such as reducing waste, conserving resources like water and energy, and adopting eco-friendly practices throughout their supply chain.
Social Responsibility: Demonstrating a commitment to social equity and well-being is crucial. This involves treating employees fairly, supporting local communities, and engaging in philanthropic activities that contribute to societal betterment.
Innovation: Businesses that integrate innovative and sustainable practices into their operations and products are often favored. This could involve developing new technologies, processes, or products that have a positive impact on the environment and society.
Transparency: Being transparent about sustainability initiatives, goals, and progress is essential. This includes clear reporting on environmental and social performance and disclosing relevant information to stakeholders.
Long-Term Vision: Sustainable businesses typically have a long-term perspective and consider the broader impact of their actions on future generations. This might involve setting ambitious sustainability goals and strategies.
Industry Leadership: Businesses that lead by example within their industry, inspiring others to adopt sustainable practices, are often recognized for their efforts.
Adaptability: Adapting and responding to changing environmental and societal challenges is a key aspect of sustainability. Businesses should demonstrate flexibility and a willingness to evolve their practices as needed.
Collaboration: Partnerships and collaborations with other organizations, NGOs, or governmental bodies to address sustainability challenges are also considered favorably.
Genius knows No Age Limit. All India Business And Community Foundation aims to recognize and celebrate young individuals who demonstrate extraordinary growth, potential, or achievement in a specific field over the last 12-18 months with the “Rising Star of the year Award”. This recognition highlights someone who has rapidly gained attention, made significant progress, or displayed remarkable talent, and is seen as having a bright future ahead. The “Rising Star” stands out among others and is expected to continue excelling and reaching new heights.
Rising stars can be witnessed in Business & Entrepreneurship where young leaders are revolutionizing industries; Science & Technology where innovators are developing groundbreaking solutions; in Entertainment & Sports where Emerging artists, actors, athletes are making waves; and finally Social Impact & Activism where young change-makers are addressing global challenges.
The All India Business and Community Foundation (AIBCF), through the Rising Star of the year Award, aims to inspire and encourage future generations to embrace their talents and stand tall as the next rising star. This award is a testament to hard work, passion, and the courage to push boundaries across business, technology, healthcare, arts, social impact, and more.
Effective leadership, and not the management itself, factors in for an organizational success. Turning a team into a “Talent” takes someone with the passion, preparation and patience to make others the best they can be. A leader leads the organization towards the right path and inspires several others to move towards betterment. Effective leadership goes beyond managing tasks and resources—it embodies the ability to inspire, influence, and empower others to work collectively toward a shared vision. Leadership is also about making tough decisions while maintaining integrity and accountability. Another hallmark of effective leadership is the ability to communicate effectively, articulating their vision with clarity and conviction. Emotional intelligence and social skills is the final key component to empathize with the team and build strong relationships. The best leaders frequently combine a variety of leadership qualities, including vision, empathy, and creativity. However, the most effective leaders are able to adjust to the demands of various circumstances, using their varied range of leadership talents to accomplish their objectives.
All India Business And Community Foundation acknowledges these leaders who are selflessly focussed towards achieving intended results and reward them with “Business Leadership Award” for altruistically helping in the over-all progress of their organization. This accolade honors individuals who have gone above and beyond in driving organizational success while prioritizing the well-being of their teams. These leaders exemplify ‘leadership’ by combining strategic vision, emotional intelligence, and an unwavering resolve.
Excellence is not merely about achieving success in one’s field; it is about maintaining a life with integrity, moral values, and the constant quest for self- improvement. Men of excellence do not settle for the ordinary; they set ambitious goals, push beyond their limits, and work tirelessly to achieve them. They embrace challenges as opportunities and view setbacks as stepping stones to greater achievements. Through adaptability, innovation, and a vision for the future, these exceptional individuals inspire and lead others, creating meaningful change and pushing boundaries in their respective industries. Their ability to adapt to evolving trends, foster collaboration, and drive progress is what sets them apart as true leaders. The “Man of Excellence Award” is a tribute to those who exemplify these qualities. It honors individuals who have not only achieved the extraordinary but have done so while upholding the highest standards of ethics, leadership, and innovation.
All India Business And Community Foundation acknowledges these gem-of-a-kind individuals who with the help of their intellect and proven track record have contributed to socio-economic growth. These individuals are not only leaders in their industries but also role models for future generations. Their journeys are marked by resilience, determination, and the unwavering belief in one’s ability to make a difference. This award serves as a reminder that excellence is not just an accomplishment, but a constant striving to be the best version of oneself. It celebrates those who inspire others to do the same and create lasting impact across industries and communities.
From business and science to arts, politics, and social work, women of excellence are found in every field, making a meaningful impact. They are visionary leaders who battle gender biases or professional hurdles with grit. They bring groundbreaking contributions to the table and serve as a role model for young girls and women, championing social betterment.
Women face a range of challenges and roadblocks, including cultural barriers, educational and healthcare disparities, and a pervasive threat of gender-based violence. To add to that crushing list is the persistent gender pay gap. According to the World Economic Forum’s Global Gender Gap Report 2024, India ranks 129th out 156 countries in terms of gender wage equality, having slipped two countries from previous year. Women also have to counter “glass ceilings” within management and disparity and underrepresentation in STEM remains an unsolved stubborn issue. Besides, the unpaid labour of caregiving falls disproportionately on women.
Despite these challenges, women are successfully carving out their spaces in economic and social sectors by going above and beyond to not just survive but thrive. There are several benefits to having more women in the workforce. Studies consistently show that female leaders benefit business. In addition to doubling a company’s talent pool, recruiting women increases financial performance. Women-led organizations consistently demonstrate higher returns on equity, greater financial stability, and improved stress resilience. Womenpreneurs are also environmental stewards in natural resource management and environmental conservation efforts. Working women achieve financial independence and gain more control over their lives.
All India Business And Community Foundation takes pride in celebrating awe inspiring women’ s achievements who are contributing towards social development and nation-building by achieving the extraordinary. With an intention to see more women in entrepreneurship, AIBCF bestows such brave women with the “Woman of Excellence Award” to encourage and recognize women for their excellent performance and contribution in their respective fields. All India Business And Community Foundation anticipates a rise in “women participation” and fosters co-operation amongst the business community for collection and exchange of information.
Achieving excellence on a global scale requires strategic foresight, cultural intelligence, an unwavering commitment to quality, and above all a strong ambition to rule globally. In the given market conditions, it is already a challenge to establish and sustain a business in the mother country that you live in and yet more challenging when you scale your business in foreign lands. Each country has its own laws, rules and regulations and comprehending them to operate smoothly and not get into hot bodies with legal authorities is yet another challenge. Factors such as choosing the right location, comprehending the political climate, assessing the economic environment, and understanding the legal framework are essential components for success when venturing into international markets.
Businesses today are locked in a battle to meet demanding customer expectations while competing successfully to gain market share and to grow revenues and profit. Despite the complexities of scaling globally, visionary individuals embrace these challenges with courage, recognizing that global opportunities demand mastery of quality principles, techniques, and tools. Propagating, adoption and adherence to quality standards in all important spheres of activities including education, healthcare, environment protection, governance, social sectors, infrastructure sector, etc. have significant bearing in improving the quality of life and well being of the citizens of India.
In order to recognize the immense hard work involved in setting up a business abroad or creating a benchmark for foreign working professionals, All India Business And Community Foundation proudly introduces the “Global Excellence Award” for those who strive to achieve success in national and international markets. One of the primary criteria for this award is that the organization or professionals must have its presence in more than 2 countries. AIBCF also provides necessary tools, expert’s insights and exposure to young entrepreneurs who wish to take their success to greater heights. By participating in our award events, individuals and organizations gain a unique platform to share their success stories, connect with industry leaders, and inspire others to achieve global success.
Businesses today are competing in a rapidly shifting environment. They are locked in a battle to meet demanding customer expectations while competing successfully to gain market share and to grow revenues and profit. Individuals who know and work to master the concepts, techniques, and tools of quality know that higher quality can and always does, make a difference. In playing a pivotal role in propagating, adoption and adherence to quality standards in all important spheres of activities including education, healthcare, environment protection, governance, social sectors, infrastructure sector and such other areas of organized activities that have significant bearing in improving the quality of life and well being of the citizens of India. Quality plays a transformative role in shaping key sectors, including education, healthcare, environmental protection, governance, infrastructure, and social initiatives—each of which significantly impacts the well-being and progress of society. Defined as excellence (Peters & Waterman, 1982), quality is an ongoing process of continuous improvement, forming the foundation of excellence models that guide strategic management.
There are people in the Indian diaspora with its rich legacy, youthful energy, and unshakable resolve, who turn every obstacle into stepping stones. These individuals are people of strong will and dedication who polish their quality factor so much in their field of interest that they stand apart in society. Having achieved great heights in their respective domains, these individuals need to be encouraged, hence the “Quality Excellence Award”. All India Business And Community Foundation triumphs the stories of remarkable individuals of Indian origin who rise above adversity and demonstrate unwavering willpower, relentless dedication, and an unyielding drive to excel. Their achievements have inspired countless to aim higher and shatter glass ceilings. India makes a cradle for success for those who squeeze the best of it.
Nominations for All India Business And Community Foundation Awards can be submitted by anyone who has a track record of such trailblazing efforts in any field like Corporate, Sports, Science, Technology, Innovation, Entrepreneurship, Leadership, Social Service, Courageous Acts, Arts & Culture, Entertainment, Tourism, Healthcare, Education, CSR, Media, Community Development, Job Creation etc., creating impact beyond the common league.
“Chief executive officer” is the most powerful and sought-after title in business. A CEO is a quintessential transformative leader, who is strategic, pragmatic, and invests in the development of their people, their employees, and their customers. They steer the organization toward success. They oversee overall operations, execute strategic initiatives, allocate resources, and lead the executive team. Their role demands exceptional leadership, sharp decision-making, and a clear vision to drive the company forward. They must possess strong communication skills, inspire teams, and cultivate a thriving corporate culture.
According to McKinsey’s Report, “The mindsets and practices of excellent CEOs” six core elements define the CEO’s title: setting the strategy, aligning the organization, leading the top team, working with the board, being the face of the company to external stakeholders, and managing one’s own time and energy.
In order to recognize these brains that run the organization, All India Business and Community Foundation (AIBCF), proudly presents the “CEO of the Year Award” to the most deserving individual in the branding industry. We believe, even the best of the best needs encouragement. With this accolade, we believe that Leadership matters—and no leader is more important than the leader of leaders. We recognize the executives who are appointed to the top job and can boost their leadership capabilities by understanding and adopting the mindsets and practices that define CEO excellence.
The Chief Financial Officer (CFO) holds the top financial position in an organization. The CFO monitors cash flow, budgets the company’s finances, identifies its financial strengths and weaknesses, and makes strategic recommendations. The accelerated change in globalised capital and markets, regulatory and business drivers, growth in information and communications, have changed expectations of the role of the CFO. The KPMG report, “The Changing Role of the CFO,” outlines critical areas in which CFOs must excel: Having a strategic outlook and an intimate knowledge of the business which enables a focus on growth and optimization of the value from investments. The CFO is also expected to understand emerging technology and where things are headed; cloud-based solutions, emerging work and collaboration platforms. Driving innovation will also be a key role, which entails developing new creative ideas based on data insights to help drive change towards cutting costs and fueling innovation. Finally, the art of effective communication on complex financial results and business performance to both internal and external stakeholders is extremely crucial.
To celebrate the indispensable efforts of these financial gatekeepers in shaping businesses and economies, All India Business and Community Foundation (AIBCF) proudly presents, “CFO Of the Year Award”. With this accolade, we recognize financial leaders who demonstrate exceptional strategic foresight, innovation, and leadership. Beyond individual recognition, the forum serves as a catalyst for economic growth and societal development, fostering a community that values financial excellence and ethical business practices.
Entrepreneurs are the courageous individuals who transform moldless ideas into thriving ventures. Entrepreneurs are visionaries who identify market gaps, understand customer needs, plan business strategies and business plans, and possess smooth communication skills, and a never-ending zeal to bring about a difference. Being an entrepreneur means creating opportunities, which ultimately leads in generating employment.
Today, India is home to a vibrant entrepreneurial ecosystem, with a growing number of startups, incubators, and venture capital firms. India has witnessed great leaders such as Mr. Tata, Mr. Dirubhai Ambani, Mr. Narayan Murthy to name a few. Through visionary thinking, resilience, and calculated risk appetite, they’re running global businesses that employ millions. India is rapidly positioning itself as a significant player in the entrepreneurial ecosystem as well, boasting over 11200 startups including 111 total unicorns, making it the third-largest startup ecosystem in the world after the US and China.
With the “Entrepreneur of the year Award,” All India Business and Community Foundation (AIBCF) intends to recognize and honor entrepreneurs for structuring what remains an abstract idea in many peoples’ minds. Our primary goal is to promote MSMEs and Start-ups and to ensure that the government and society as a whole understand the needs of the business community and its contribution to the nation’s well-being. Participating and nominating yourself for this prestigious award shall help in vast networking opportunities, visiting foreign delegations, and participation in Trade Fairs/Exhibitions. This shall be the platform for interaction between business communities from India and foreign chambers of commerce, in India as well as overseas.
“Entreprenuer” still rings for men. Entrepreneurship demands immense hardwork, clockblocked hours and dedicated strategies but for women there’s an added layer of challenge: The stigma of being a woman in a society. Women today have excelled in almost every field leaving no stones unturned. Through perseverance, education, and progressing societal norms, women have carved the path for well-deserved opportunities and recognition.
Unsurprisingly, women still occupy traditionally female roles in the workplace – such as nursing and childcare which exhibit exceptionally high female shares, and positions in teaching and education boasting a significant female presence. The beauty industry consistently remained a strong career for women. Yet there’s a noticeable shift in women’s participation; women are slowly and steadily climbing to management positions. According to the most recent global estimate, two in five STEM workers are now women. Studies consistently show that female leaders benefit business. Fortune 500 companies with the highest percentage of women on boards report stronger financial performance. Women-led organizations consistently demonstrate higher returns on equity, greater financial stability, and improved stress resilience.
“Woman Entrepreneur of the Year Award” is for women who are unstoppable, no matter what circumstances life puts them in. All India Business and Community Foundation (AIBCF), takes pride in honoring these women entrepreneurs who not only bring glory to the organization they are working for, but also are directly contributing in the development of the country. Through this recognition, we celebrate not just their achievements but also the spirit of innovation, leadership, and tenacity that they embody.
Today’s youth is the driving force behind most of the innovations and creations, they’re also a huge talent base for startups. Young entrepreneurs under the age of 35 represent a growing future of the entrepreneurial community. The quality that sets apart young entrepreneurs is that they’re mostly self-motived. These young minds strive to aim and achieve something higher. Youth entrepreneurs have a penchant for taking risks, self-efficacy, and a need for achievement. They know how to seize opportunities, spot possibilities and generate value by coming up with creative goods, services, or business ideas.
And while young entrepreneurs benefit much in terms of creativity, development, and flexibility, they face challenges with access to capital, lack of involvement, and limited market knowledge. Their success is largely determined by their access to finance, prior work experience, training, and professional connections. Young entrepreneurs who are also active in extracurricular activities, such as athletics or community service, are likely to develop the skills and traits like teamwork, adaptability, and authority that contribute to their success. Young entrepreneurs are also more likely to enroute for sustainable practices and ethical business conduct.
All India Business and Community Foundation (AIBCF) takes immense pride in celebrating these visionary young leaders who are not only making a mark in their respective industries but are also contributing to India’s economic and social development. The “Young Entrepreneur of the Year Award” recognizes individuals who exemplify determination, leadership, and innovation. Through this prestigious honor, we aim to spotlight their achievements, inspire aspiring entrepreneurs, and reinforce the importance of nurturing young talent.
While globalization has opened up several opportunities for business executives in India, building an operational structure for a company from scratch is not a small feat. The initial years of establishing a business and sustaining the harsh market conditions tests resilience and tenancy of the enterprise. Overcoming those challenges and carving a place for itself amongst competitors is another hurdle a company has to pass. For an emerging company to survive and thrive, it is crucial to have a clear mission and vision, effective leadership, funding and resources, strategic planning, and finally a skilled team that collectively pulls off an excellent execution. Startups in sectors other than e-commerce and fintech often find it hard to secure funding. Despite challenges, a select few companies rise above adversity and bring a storm in the market. Their success stories demonstrate perseverance and ingenuity.
In order to encourage and recognize the efforts of such companies in bringing itself a successful position, All India Business and Community Foundation (AIBCF), with pride presents the “Emerging Company Award.” With this accolade, AIBCF aims to provide assistance to Start-ups and MSMEs in becoming competitive in national and international markets. AIBCF also felicitates outstanding performers a global platform for their remarkable achievements in India and abroad, which shall act as a connecting bridge for the company and pave way for further development.
India is home to over 11200 startups including 111 total unicorns, making it the third-largest startup ecosystem in the world after the US and China. Startups this ‘Techade’ are likely to contribute nearly $120 billion to the country’s GDP by 2030. Startups are now being widely recognized as crucial drivers of growth and jobs creation. Through innovation and scalable technology, startups can generate impactful solutions, and thereby act as vehicles for socio-economic development and transformation.
In the last few years, a large number of startups have been established in India in almost every sector of the economy. The main startups which are known to the common man in the country are Flipkart, Nykaa, Zoho, BharatPe, Oyo, MakeMyTrip, Swiggy, Zepto, CRED, etc. These startups have created more jobs, income, and indigenous technology. With the emergence of technology at a rapid pace, India awaits to witness many more successful startups in subsequent years. The Government of India also has launched various initiatives to boost them, encouraging many young and budding entrepreneurs to come up with innovative and practical ideas that will contribute to Nation development.
In order to recognize and motivate those individuals behind the successful startups, All India Business and Community Foundation (AIBCF) takes pride in introducing them to the world by honouring them the “Promising Start up Award.” Since individuals from various business backgrounds convene, this shall further provide a vast networking platform to connect people from various business backgrounds in developing and sharing their ideas, opinions and knowledge on the key issues.
MSMEs are the backbone of our economy. As of recent reports, the MSME contribution to GDP stands at around 30% of India’s total GDP. These enterprises are key to Atmanirbhar Bharat (self-reliant India), catalyzing economic growth. Moreover, the Indian Government is proactively encouraging youth to become employment providers rather than job seekers. MSMEs contribute substantially to the exports of the country, and these initiatives will not only bring synergy, but will also create a ripple effect throughout the country.
All India Business and Community Foundation (AIBCF) takes pride in identifying these backbones of the flourishing economy like India and honouring them with the “Promising MSME Award.” AIBCF remains a regular information bureau for the individuals who own any of the Micro, Small and Medium Enterprises to know the new additions and amendments made in the sector as and when notified by the Ministry of MSME.
The CSR and Sustainability Award recognizes companies and organizations that demonstrate a commitment to sustainability and environmental responsibility in their operations, products, and overall business practices. These awards aim to acknowledge and promote businesses that prioritize long-term ecological, social, and economic well-being.
Eligibility for the Sustainable Business Award typically involves meeting certain criteria that showcase the organization’s dedication to sustainability. These criteria may include:
Environmental Impact: Businesses should showcase efforts to minimize their environmental footprint, such as reducing waste, conserving resources like water and energy, and adopting eco-friendly practices throughout their supply chain.
Social Responsibility: Demonstrating a commitment to social equity and well-being is crucial. This involves treating employees fairly, supporting local communities, and engaging in philanthropic activities that contribute to societal betterment.
Innovation: Businesses that integrate innovative and sustainable practices into their operations and products are often favored. This could involve developing new technologies, processes, or products that have a positive impact on the environment and society.
Transparency: Being transparent about sustainability initiatives, goals, and progress is essential. This includes clear reporting on environmental and social performance and disclosing relevant information to stakeholders.
Long-Term Vision: Sustainable businesses typically have a long-term perspective and consider the broader impact of their actions on future generations. This might involve setting ambitious sustainability goals and strategies.
Industry Leadership: Businesses that lead by example within their industry, inspiring others to adopt sustainable practices, are often recognized for their efforts.
Adaptability: Adapting and responding to changing environmental and societal challenges is a key aspect of sustainability. Businesses should demonstrate flexibility and a willingness to evolve their practices as needed.
Collaboration: Partnerships and collaborations with other organizations, NGOs, or governmental bodies to address sustainability challenges are also considered favorably.