Started in the year 2006, MIF awards identifies and awards innovations that hold potential to generate large scale impact. Innovations are recognized under three categories – Social, Business and start-up.
MIF awards was set up to recognise innovations that have a potential to scale and generate significant impact.
a) MIF awards is one of the pioneers in recognizing innovations and showcasing them to the world.
b) To network with the top CXO's and innovation heads from India Inc. , entrepreneurs, venture funds and academia closely linked with the innovation ecosystem in India
c) You may also have an opportunity to be a part of the MIF Scale-Up Program – a catalytic program that generates sustained impact for the organization.
a) Any Indian corporate, government or public body / institutions, educational institutions, corporate foundations, for profit & not for profit social organizations
b) The innovation should be beyond the prototype stage and must have shown proof of concept. Paper ideas will not be accepted
The innovation should have exhibited results within the last 5 years. All innovations that have been implemented after 2010 are eligible.
The innovation can be in your product, process, service or operations.
a) Product: Creation of a new / unique product or technology
b) Process: Development of a new / unique method to improve business processes
c) Service: Delivering a new service or an existing service in an innovative way
d) Operations: Evolution or reinvention of a business through realignment of its resources and processes
e) Substantial and unique improvement on any existing product / service / process / operations
There are three categories under which you can apply:
a) If your innovation has a substantial impact on your business performance, i.e. sharp increase in revenue / market share / profits – then you should apply under ‘Business’ category
b) If your innovation has a substantial ‘social’ impact, i.e. impact through increase in livelihoods, providing sanitation to an entire village, providing electricity to remote areas of the country – then you should apply under ‘Social’ category.
c) If your organisation is incorporated after 1st July 2012 AND has turnover less than INR 10 crore in any of the years of existence, and has huge potential for business or social impact, then apply under ‘Start-up’ category.
a) The organisation should be ‘for profit’; AND
b) Your organisation should have been incorporated after 1st July 2012; AND
c) The turnover of the organisation should not have crossed INR 10 crores in any of the previous 5 years.
The application form for MIF Awards 2018 will be open for a period of 8 weeks starting from 10th July 2017.
You can send multiple applications only if the innovation being covered under each application is different.
The process of evaluation of MIF awards is divided in the following 5 stages:
a) Invitation Application- Applications need to be submitted through the application form
that is hosted online.
b) Screening- The applications will be screened objectively by our Knowledge Partners
c) Jury Phase 1- An eminent Jury comprising of representatives from both the business,
start-up and social domain will evaluate each of the applications individually.
d) On Ground Due Diligence- the phase 1 of Jury round will be followed by further on
ground due diligence by our Knowledge partners on the shortlisted candidates.
e) Jury Phase 2- The 2 nd Jury will decide the winners based on the evaluation undertaken by
the knowledge partner.
MIF awards do not have any cash prize for the business and the social categories.
The final awards ceremony will be held on the 23rd of February 2018 in Mumbai.
You can write to us at email@example.com
No, the application form needs to be filled online only.
The format for uploading documents will be mentioned against the question which requires you to upload documents.
All the data submitted by you will remain confidential and will only be accessed by the Knowledge partner and the MIF team.
You will be informed tentatively by the 1st week of January 2018.
No, the form does not permit saving the application.
You can read about the Terms and conditions for the awards in the MIF Awards page.
You can read more about the MIF awards in the MIF Awards page.