The Next Big Leap

66 | The Next Big Leap [ METHODOLOGY ] Through comprehensive research process, parameters, were identified against which the start-ups were evaluated. These are listed below. Start - Up Definition: The term “start-up” refers to a company which is in the early stages of operation. Start-ups are founded by one or more entrepreneurs who want to develop or improve a product, process or service and have a scalable business model with high potential for wealth creation and employment generation. Eligibility Criteria: Businesses incorporated or commenced on or after January 1, 2013 Entity should not have been formed by demerger or split or reconstruction of an existing business Annual turnover not exceeding INR 250 crore for any of the financial year since inception Nomination Shortlisting: Inviting Nomination (via E-Mail, Microsite, Social Media) Initial Shortlisting based on Dun & Bradstreet Proprietary Model Objective Eligibility Check of the Applications METHODOLOGY Dun & Bradstreet