Association of Scientists, Developers and Faculties (ASDF) an international non-profit organization which has come forward to encourage one and all in their area of day to day work, by choosing the best and awarding prestigious awards. ASDF is well known and spread across the globe with sizable members. The awards are designed to celebrate exceptional achievement in technology-based economic development. They foster a climate where new and existing companies that develop technology and continuously innovate will thrive. These programs tend to focus on several elements that have been found in successful technology-based economies, including a research base that generates new knowledge, mechanisms for transferring knowledge into the marketplace, an entrepreneurial culture, sources of risk capital, and a technically skilled workforce. The awards have been extended to the level of shortlisting the complicated tasks including the option of entitling the Institution from the year 2013. These awards are given out for different vertical of people viz., Academic, Industry and Scientists and more importantly budding Students.
Best Young Entrepreneur Award is proposed to encourage graduates and postgraduates to start and run organizations of any size and field. Of a late number of graduates and postgraduates coming out of educational portals are good in number and encouraging. However, the highest percentage of these graduates and postgraduates opt for employment and stand in long queues in front of job providers. Only a negligible proportion opts for starting and running an organization of single owner or partnership firms. In order to encourage these, an award of this kind is proposed.