Business Enterprises of Tomorrow 2023

Small and Medium Enterprises (SMEs) and Mid-Corporates are the backbone of the Indian economy, contributing approximately 30% of GDP, 40% of exports and 45% of total manufacturing output of the country. They are the driving force behind many innovations with immense contribution to the entrepreneurship drive, especially in the semi urban and rural areas. Further, they develop and inculcate entrepreneurial instincts and stimulate private ownership that help national growth through investments and employment creation.

Recognizing the vital role played by SMEs and Mid-Corporates, Dun & Bradstreet is pleased to organize the ‘Business Enterprises of Tomorrow 2023’. It will have divided in two parts, virtual publication launches and on-ground summit. The most referred and premium publications ‘Leading SMEs of India 2023’ and ‘Leading Mid-Corporates of India 2023’ will be launched virtually in June 2023. The on-ground summit will have multiple thought leadership and knowledge sessions with eminent dignitaries and feature keynote addresses by representatives from the Government, Ministries/bodies, industry veterans, and other distinguished guests. The summit will also feature the presentation of ‘Business Excellence Awards 2023’ across several industry and theme-based categories.

Theme: ‘The roadmap to Aatmanirbhar Bhavishya’

The "Atmanirbhar Bhavishya", or Self-reliant future, is a vision for a strong and self-sufficient India. This vision extends to SMEs and Mid-Corporates, who play a vital role in the country's economic growth. To achieve this goal, SMEs and Mid-Corporates must navigate a road that is challenging yet filled with opportunities. They must focus on collaboration, digitization, innovation, and localization while ensuring financial stability and sustainability. With the right mindset, resources, and support, these businesses can become the driving force behind the Government’s agenda of creating an "Aatmanirbhar Bharat" and contribute to the growth and prosperity of the nation.

Who Will attend ?

The summit will be attended by dignitaries from the Government, Ministries/bodies, CXOs and other senior representatives of leading businesses, financial institutions, industry associations among others. The summit will serve as a great platform to gain useful insights from industry leaders and Government dignitaries.

How is Business Enterprises of Tomorrow 2023 Different?

The theme of the 2023 edition of the Business Enterprises of Tomorrow summit will be "The roadmap to Aatmanirbhar Bhavishya"
The summit will feature a power-packed panel discussion on a topic pertinent to SMEs and Mid-Corporates
The Dun & Bradstreet SME and Mid-Corporate ‘Business Excellence Awards 2023’ will be presented across total of 35 industry and theme-based categories

Publications

In order to showcase the critical role played by SMEs and mid-sized corporates, and to recognize their contribution to the Indian economy, Dun & Bradstreet is pleased to announce the release of two publications ‘Leading SMEs of India 2023’ and ‘Leading Mid-Corporates of India 2023’. These publications will capture the pulse and the dynamics of Indian SMEs and Mid-Corporates. They will also feature the views of business leaders and their outlook. Companies that have reported a standalone turnover between INR 5 crores and INR 250 crores for FY22 are eligible to be featured in the publication ‘Leading SMEs of India 2023’. Likewise, corporates that have reported standalone turnover between INR 250 crores and INR 1,000 crores for FY22 are eligible to be featured in the publication ‘Leading Mid-Corporates of India 2023’.

The publications will be circulated among CXOs of leading corporates globally, SMEs and Mid-Corporates, and Government Ministries. There will be an extensive digital campaign to promote and circulate the publication. Furthermore, the publication will also be available on the Dun & Bradstreet website for download.

The publication will feature:

Listings of SMEs and Mid-Corporates that have demonstrated consistent performances in the past three financial years
Profiling of "D&B SME and Mid-corporate GEMs" (shortlisted companies across industry and theme-baed categories received through nomination drive after rigorous screening of financial and operational performance)
Overviews section providing in-depth analysis on SMEs
Thematic articles
Success stories, case studies, and interviews of leading SMEs and Mid-Corporates

About the Awards - ‘Business Excellence Awards’

The Dun & Bradstreet SME and Mid-Corporate ‘Business Excellence Awards 2023’ is an endeavour to acknowledge and recognize the achievements and exemplary performances of SMEs and Mid-Corporates. The award covers 35 categories across industry and theme based.

Eligibility Criteria: The following companies are eligible to apply

Nominations are open for all SMEs and Mid-Corporates in India with standalone revenue for FY22 between INR 5 crores and INR 1000 crores
Definition ‘SMEs’ Segment: For awards, corporates with standalone annual turnover between INR 5 crores to INR 250 crores in FY22, shall be considered as Small and Medium Enterprises (SMEs) for Business Enterprises of Tomorrow 2023
Definition ‘Mid-Corporates’ Segment: For awards, corporates with standalone annual turnover between INR 250 crores to INR 1,000 crores in FY22, shall be considered as Mid-Corporates for Business Enterprises of Tomorrow 2023

Details Required:

Annual Reports / Audited Financial Statements (mandatory) for FY22, FY21 and FY20 along with the schedules / notes to accounts
Completed nomination forms along with valid required documents will qualify companies for the purpose of publication and business excellence awards

Note:

Businesses with annual standalone turnover below INR 5 crores are not eligible
Businesses involved exclusively in trading activities are not eligible to apply for the awards
Last date to submit the nomination form is May 26th, 2023.

Dun & Bradstreet uses a proprietary model, based on quantitative parameters such as total income, net profit, and growth parameters, among others, to evaluate the performance of companies along with qualitative parameters. Winners are then chosen based on an overall composite score.

About the Panel Discussion: The roadmap to Aatmanirbhar Bhavishya

The summit will also feature a panel discussion on the central theme ‘The roadmap to Aatmanirbhar Bhavishya’. The panel discussion will offer a great platform for the industry veterans, Government dignitaries and thought leaders to provide their valuable insights.