The Award
Concept
Any country’s future and economic growth relies on the success of its Micro, Small and Medium Enterprises. Their reinvention, innovation and quality outputs have a direct impact on society at large.
Benchmark Trust values the ideas and potential of these businesses and that is what inspired the creation of INDIA 5000 National Quality Awards and List. Through this recognition, businesses can distinguish themselves from others as verified quality output providers.
Every year, INDIA 5000 acknowledges the best 5000 businesses and young entrepreneurs for their achievements and quality outcomes. Whether you are a product manufacturer, a service provider or a management driven organisation, INDIA 5000 has a place for you.
Only those who fulfill the quality criteria set by Benchmark Trust and verified by TQV Private Limited, their Audit Partner, earn a place on the INDIA 5000 list.
For end users looking for the best quality businesses in India, whether for products, services or management, the INDIA 5000 list is a verified and independently researched reference they can rely on.
Selection Criteria
INDIA 5000 follows these selection criteria to choose companies and personnel for INDIA 5000 Business Awards. Just go through them carefully and you will understand how refined the selection procedure is for INDIA 5000 Business Awards.
- How much importance do you give to your customers and the quality output you offer for the customer’s satisfaction?
- How do you lead your team to achieve your objective with employee’s professional growth?
- What innovative concepts and benchmarking do you have?
- Do you make continuous improvements and performance evaluation?
- What is the impact of your outcomes on society?
- Which process strategies and methodologies do you follow?
- What are the future expansions in line with your Vision and Mission?
- What are the achievements of your services, products or management if any?
To download detailed category-wise selection parameters, go to the Honoree Resources page.
Methodology
At INDIA 5000 Business Awards, we follow a very easy and straightforward methodology. Let’s take a quick look at it:
Application
Submit your application to initiate the nomination process.
Screening and Nomination
Applications are screened for eligibility. Qualified applicants receive an official INDIA 5000 Nomination Certificate.
Document Collection and Assessment
Shortlisted nominees submit required documents and complete the assessment process.
Jury Evaluation
A panel of independent jury members evaluates all assessed candidates and selects the winners.
Winners and Awards
Winners are announced and they receive their digital award kit. All winners are invited to attend the INDIA 5000 Conference.
Awards FAQ
Who is eligible to apply for nomination?
Any Sole Proprietorship, Partnership Firm, or Private or Public Limited, LLP, OPC (One Person Company) can apply for the nomination of INDIA 5000 MSME & Business Awards.
An applicant can go with the Individual category registration option if you want to take part as an individual in the INDIA 5000 Business Awards.
How to submit the nomination?
If you are eligible to apply can directly fill the application from our website and can be a part of INDIA 5000 Business Awards
When can I get the nomination certificate?
Within 7 working days your application will be verified and if you are qualified then we provide you a Nomination certificate. In case if we have any query, you will receive a call or email from our team to provide supportive basic legal documents. If the application is not eligible as per our criteria it may get rejected.
What will be the next process after receiving the nomination certificate?
There will be a dedicated award manager assigned. If the applicant completes the payment process in accordance with our fees and charges. We begin with the assessment procedure.
Why do we have to pay charges?
The Award kit and logo license are free for Lifetime. But you have to pay admin costs and assessment charges. If the company doesn’t get qualified, then we will refund you the full amount in 7 working days.
What are the modes of payment?
An applicant can do Online – Net Banking, Cheque, or Bank transfer. We do not accept Cash payments.
What documents do I need to submit for the assessment process?
Here is the list of documents you need to submit along with the application for Business Awards:
- Udyam Registration certificate (Mandatory)
- Business Registration Certificate (Mandatory)
- Profile of Applicant/Nominee
Here is the list of documents you need to submit along with the application for Individual Awards:
- Applicant KYC Documents
- As per your designated all the supportive & legal documents of the company.
Any other important information highlighting your achievement as per our selection criteria according to different categories. (For more details, visit https://india5000.com/about/downloads)
What is the assessment process?
An award manager will call or email regarding documents details and the applicant has to share all the documents within a week. All those details and documents will be shared to the audit team for assessment purposes.
Is there any other selection criteria?
Yes, from one district only one company with the same business category can participate for the year. For e.g. A manufacturer company of kitchen modular from Jalna district (Maharashtra) other companies with the same business category can’t participate from Jalna district for the same year.
What about the privacy of my information?
It’s a very obvious question and we understand your concern fully. But don’t worry as your information privacy is our key responsibility. Your personal information will never be disclosed anywhere. Your information will be used only for the selection when we will list out your profile information on our listing and if you are awarded, this will help you to promote your quality services or products in the market.
Will me competitors get any information about me or my business which I have shared with you?
We understand that it’s a quite obvious question. But don’t worry at all as your competitor will never get any personal information about your business. They can see only your profile related general information whatever you are sharing to the public to promote your business. So we only list general information for professional growth of your business. We always take care of your professional growth.
What is an Assessment Round?
Required documents received by award managers and the same will be forwarded to the Assessment team to start the assessment process. The assessment team reviews all the documents as per our selection criteria in the assessment round. In case we have any query or require further information, we’ll communicate with you.
If Auditing is completed successfully before the 25th date of every month then assessment reports submitted for jury rounds for that month of Participants.
Will there be a premises visit?
A premises visit may be conducted if deemed necessary during the assessment process. Our team will inform you in advance if this is required.
What is a Jury Round?
After the assessment is done by the Assessment team, jury members conduct a meeting in the last week of every month to do a final assessment of applicant’s details and make a final decision.
What are the benefits for the winners of India 5000 National Quality Awards and List?
If you are thinking about, why should you take part in India 5000 National Quality Awards and List as a nomination applicant then just go through the benefits mentioned here:
- You will get National Level Recognition.
- You can attract new customers and retain the older ones.
- You will have an increase in sales.
- Your client will feel worthy to be your existing client.
- You can increase customer satisfaction.
- Your employees or staff will get inspiration from the Awards.
- You will get industrial empowerment with the help of these Awards.
- You can differentiate your business from others with these Awards.
- You can use logo license in your campaign materials.
- Your audit will be done by the industry experts.
- You will get reviews and suggestions from our audit team if needed.
- You can create a buzz in your professional network with our Awards.
When will the winner's result be declared?
The final winner result will be declared between the date of 1 to 10th of every month. The final winner will be notified by an email from our audit team. And all the digital benefits will be provided.
What is the deadline to submit nomination application forms?
We appreciate that if you want to serve or help others by filling the nomination application on behalf of others. Whatever you are doing is worth doing! Just go ahead but before doing that takes the written approval from one on behalf of whom you are submitting.
What are the digital benefits?
The soft copy of Winner Certificate and Trophy, and other digital benefits can be downloaded from the Honoree Resources from our website.
Does India 5000 National Quality Awards and List declare results every month? Why?
Yes. As many applications were received for all the categories so to give correct judgment and scrutinized each and every application, we declared results every month.
When will I get an award winner kit?
We provide an award kit at the time of our award Conference. In case, if the winner is unable to attend the ceremony we will dispatch the award kit in approx. 60 days of availability or it may differ after the final winner mail is received to the client.
What if I still have more questions?
We have tried our best to answer all your questions here. If you have any doubts except these questions, you can always contact us or mail us at info@india5000.com.