Indian government in order to enable IP economy has launched TREMAP (Technology Refinement and Marketing Programme) to recognize the innovative potential of Indian nationals and to encourage the innovator community for making their innovations more practical and relevant to the industrial and societal needs. The objective of the award is to help commercialization of patented technologies. The award will carry a sum of Rs. 5.00 Lakhs and a certificate. In addition, selected innovations may be provided a commercialization incentive of Rs. 5.00 Lakhs on commercialization of the awarded patents. Selected innovations may also use TIFAC-TCF network for commercialization / transfer / licensing of patented technologies.

Criteria

The applications for “National Awards to Commercializable Patents” are invited from Indian nationals, who have patented {Indian patent granted in the name of the individual(s)} technological innovation(s) having high commercial potential and have developed at least a working prototype of the technology/product/process etc. of the innovative technology.

Eligibility Conditions

  • Applicant (s) must be an Indian National.
  • Indian patent must have been granted for the technology/product / process in the name of individual(s), who is / are applying for the award and the applicant(s) should be the absolute owner(s) of the patented technology/product/process till the date of submission of the application. The patent should not be in the name of the institution / organization / association / company etc.
  • The year of grant of patent should not be before the year 2005.
  • The technology /product/process etc. should have good commercial application / value in the present scenario.
  • The working model / prototype of the technology / product / process etc. should be ready and in fine working condition.
  • The innovative technology / product / process etc. for which patent is granted should not have already been transferred / licensed / commercialized in any manner.

The award will carry a sum of Rs. 5.00 Lakhs and a certificate. In addition, selected innovations may be provided a commercialization incentive of Rs. 5.00 Lakhs on commercialization of the awarded patents.

[more details here]

[Thanks Meenakshi for the tip.]

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