AEGIS GRAHAM BELL AWARDS
Frequently Asked Questions
There are several reasons why platforms like the Aegis Graham Bell Awards are important for promoting innovation:
- Recognition and Encouragement: Such platforms provide recognition and encouragement to innovative individuals, teams, and organizations. This recognition and encouragement can go a long way in motivating them to continue their innovative work and to come up with even better ideas in the future.
- Inspiration for Others: When innovative ideas and initiatives are recognized, they can serve as inspiration for others to follow suit. This can create a ripple effect where more people are encouraged to innovate, resulting in a positive impact on society and the economy.
- Networking and Collaboration: Such platforms bring together innovators, industry experts, investors, and other stakeholders. This creates opportunities for networking and collaboration, which can help innovators take their ideas to the next level.
- Market Visibility: Winning an award or recognition can help innovative ideas and products gain market visibility, which can attract investors and customers. This can be especially helpful for startups and small businesses.
- Knowledge Sharing: Such platforms also facilitate knowledge sharing and exchange of best practices, which can help individuals and organizations learn from each other and improve their own innovative initiatives.
Aegis Graham Bell Awards are essential for promoting innovation and driving economic growth and societal progress.
- Problem Definition/ Market Opportunity: This criterion involves assessing whether the innovative product or solution is solving a real problem or addressing a genuine market opportunity. It involves analysing the size and scope of the problem or opportunity, understanding the target audience, and determining whether the solution is aligned with the needs of the market.
- Specific goals and objectives of the solution
- Evidence of research and data analysis supporting the problem and solution
- Measurable impact on the target audience or market
- Innovativeness: This criterion focuses on evaluating the level of novelty and uniqueness of the product/solution/solution. The level of innovation can be evaluated by considering factors such as the use of new technologies, unique features or functionalities, or novel business models.
- Uniqueness about the presented nomination or Demonstration of significant advancement/improvement over existing alternatives in the market.
- Type of innovation (Incremental, Disruptive, Radical)
- Intellectual property protection like Patent
- Market Potential/Impact: This criterion involves assessing the potential market size, growth prospects, and competitive landscape for the product or solution. It involves analyzing factors such as the size and growth rate of the target market, the level of competition, and the potential for market disruption. Scalability refers to the ability of the product or solution to grow and expand to meet increasing demand.
- Size and growth of the target market and potential revenue
- Market share and competitive landscape analysis
- Potential for cost savings or increased efficiency
- Scalability and adaptability in different contexts, geographies, or industries
- Social Impact and Sustainability: This criterion involves evaluating the impact of the product or solution on society and the environment. It involves assessing whether the solution contributes to the well-being of the community, promotes social responsibility, and demonstrates a commitment to sustainability. The impact on social and environmental factors such as public health, safety, and the environment should be considered.
- Contribution to the betterment of society or the environment
- Reduction of carbon footprint or environmental impact
- Contribution to the achievement of Sustainable Development Goals
- Consideration of social responsibility and ethical practices
- Choose the categories that are relevant to your innovations.
- Register your nomination through our partner portal, mUni Campus (Link: Nomination Registration Page ) along with the nomination fees.
- Once you have successfully registered, complete the nomination form by providing the necessary details about your innovation, product, solution, or service, and submit the form.
- Your innovation will be evaluated and screened for the jury presentation round. You will have 10 minutes to present your innovation, followed by a 10-minute Q&A session.
Filing Of Nominations:
- All Innovation nominations are to submitted/filed in legible English language to Aegis Graham Bell Award (AGBA) team. Video with foreign or Indian native languages is accepted, if submitted with the English subtitles. Language translator is permitted during the jury round presentation.
- One company may participate/nominate multiple products/Innovations under various categories. However, a single innovation is not acceptable under multiple categories. Each nominee can submit upto maximum of 2 nominations/innovations in the same category. Separate forms needs to filled for separate categories.
- We welcome past edition participants with different/innovation in subsequent editions.
- Upon participation in AGBA, you accept that the information’s shared by you during the presentation, and other relevant information that you have shared about the innovation, innovator and presenter with AGBA, may be used for Promotion by AGBA and publishing in Digital, Print and Live media.
- Categories published by AGBA may be clubbed, realigned or consolidate with the mutual consent of esteemed Jury Members from time to time.
- In-case any nominee wants any alteration or changes in its submitted nomination, same can be done by writing to AGBA team at nominations@bellaward.com, AGBA may help you to replace the earlier submission with the new one, but this needs to be done within 15 days of submission.
- The selection of winners or finalist is entirely based on the judgment and assessment of Jury members during the jury rounds conducted over the year.
- Once the Nomination is filed it goes for pre jury evaluation thus same cannot be withdrawn or fees refunded.
Commercials:
- Once the nomination is submitted the participant needs to pay the nomination processing fees as per the Company Turnover Criterion, along with applicable GST (current GST Rate is 18%).
- The payment can be done online or through bank transfer, as mentioned in the Proforma Invoice.
- Participants are requested to clear all payments against the Proforma Invoice.
- For payment -Send a DD to Delegation office in Mumbai in the name of “Aegis Knowledge Trust A/c Aegis Graham Bell Awards “payable at Mumbai.
- For Bank Transfer: You can transfer the money to Aegis Graham Bell Awards Business account
Bank Name: Axis Bank Ltd
Account Name: Aegis Knowledge Trust A/c Aegis Graham Bell Awards
Account Number: 911010027349782
Bank: Axis Bank Ltd, CBD, Belapur, Navi Mumbai 400614, MH, India.
MICR Code: 400211068
IFS Code: UTIB0000861
The payment done against the nomination fees does not guarantee an award. The award-winning depends on the value of your innovation. No refund will be provided in the event of withdrawals or loosing for category classification.
Level | Company Revenue (INR Crores) | Company Revenue (USD) | Nomination Fees (INR) | Nomination Fees (USD) |
---|---|---|---|---|
Level 1 | 0 to 1 Cr | 0 to 120K | 13,000 | 160 |
Level 2 | 1 > to 5 Cr | 120K > to 600K | 27,000 | 350 |
Level 3 | 5 > to 10 Cr | 600K > to 1.2M | 35,000 | 450 |
Level 4 | 10 > to 50 Cr | 1.2M > to 6M | 45,000 | 550 |
Level 5 | 50 > to 100 Cr | 6M > to 12M | 65,000 | 800 |
Level 6 | 100 Cr + | 12M + | 95,000 | 1150 |
- Brief profile of the team lead and team members
- A white paper/ proposal/ concept note/ project details. The white paper should contain an abstract of the idea not more than 1000 words or one page and the paper itself should not exceed three to five pages. If required we may ask for further details.
- Case Study if the product or solution has been deployed in practical.
- 5 critical Comparison with other similar products in Market.
Not Mandatory
Video: Video link about the nominated product/solution. (Do not share the company profile video)
15th ANNUAL AEGIS GRAHAM BELL AWARDS
TERMS & CONDITIONS
Filing Of Nominations:
- All Innovation nominations are to be submitted/filed in legible English language to Aegis Graham Bell Award (AGBA) team. Video with foreign or Indian native languages is accepted, if submitted with the English subtitles. Language translator is permitted during the jury round presentation.
- One company may participate/nominate multiple products/Innovations under various categories. However, a single innovation is not acceptable under multiple categories. Separate forms needs to filled for separate categories.
- We welcome past edition participants with different/innovation in subsequent editions.
- Upon participation in AGBA, you accept that the information shared by you during the presentation, and other relevant information that you have shared about the innovation, innovator and presenter with AGBA, may be used for Promotion by AGBA and publishing in Digital, Print and Live media.
- Categories published by AGBA may be clubbed, realigned or consolidated with the mutual consent of esteemed Jury Members from time to time.
- In-case any nominee wants any alteration or changes in its submitted nomination, the same can be done by writing to the AGBA team at nominations@bellaward.com , AGBA may help you to replace the earlier submission with the new one, but this needs to be done within 15 days of submission.
- The selection of winners or finalists is entirely based on the judgment and assessment of Jury members during the jury rounds conducted over the year.
- Nomination processing fees are non-refundable.
- Submission of your innovations does not ensure you winning the award.
- If the jury identifies the innovation information misleading/wrong information, the submission will be disqualified.
- The participants need to follow ethical code of conduct
Commercials:
- Once the nomination is submitted the participant needs to pay the nomination processing fees as per the Company Turnover Criterion, along with applicable GST (current GST Rate is 18%).
- The payment can be done online or through bank transfer, as mentioned in the Proforma Invoice.
- Participants are requested to clear all payments against the Proforma Invoice.