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Excellence awards for SMEs

Last Updated 05 December 2012, 19:52 IST

To recognise entrepreneurs in the small and medium enterprises, Rotary Bangalore South-East and Bangalore Institute of Technology, along with SME World, have instituted a national excellence award.

Quality, innovation in corporate governance, information technology, information technology communication, financial management, exports and corporate social responsibility are a few areas of excellence for which the awards will be given. To encourage women entrepreneurs, a special award for women in the SME sector has been instituted.

“One can find many awards instituted to encourage and promote multi-national companies. However, there are not many opportunities for small and medium enterprises to showcase their achievements.

This, despite the MSME sector contributing 22 per cent of the GDP and providing more employment opportunities to the youth than MNCs,” said Aswath M U, president, Rotary Bangalore South East.

The small and medium enterprises will be selected from across the country based on their achievements.

Companies with a turnover of less than Rs 100 crore are eligible for applying. The last date for receiving the nominations is December 14 and the awards will be given on January 6, at a programme to be held in the City. Jury will comprise academicians, industrialists and media- persons.

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(Published 05 December 2012, 19:52 IST)

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