National IP Awards

Celebrating Innovation: National Intellectual Property Awards 2024

National IP Awards

Innovation and creativity are the lifeblood of progress, and intellectual property (IP) is the tool that protects and nurtures these assets. Recognizing and rewarding excellence in this arena, the National Intellectual Property (IP) Awards 2024 are set to honor individuals, institutions, and enterprises that have significantly contributed to strengthening the IP ecosystem in India. These awards are not just about acknowledging past achievements; they aim to inspire future innovation and effective IP management.

The primary objective of the National IP Awards is to encourage the creation and commercialization of intellectual property. By doing so, these awards aim to promote an environment where innovation thrives, leading to economic growth and a stronger IP ecosystem in the country. The awards highlight the strategic use of IP in various industries, showcasing how effective IP management can drive success.

Categories of Awards

This year, the awards will be presented across 13 distinct categories, covering a broad spectrum of IP activities. Here’s a closer look at the categories:

  1. Top Indian Individual for Patents Filing, Grant & Commercialization:
    • Sub-categories: Male, Female, Child (under 18), Third Gender.
  2. Top Indian Individual for Designs Filing, Grant & Commercialization:
    • Sub-categories: Male, Female, Child (under 18), Third Gender.
  3. Top Indian Individual for Trade Marks Filing, Grant & Commercialization:
    • Sub-categories: Male, Female, Child (under 18), Third Gender.
  4. Top Indian Academic Institution for Patents Filing, Grant & Commercialization.
  5. Top R&D Institution/Organization for Patents Filing, Grant & Commercialization.
  6. Top Public Limited/Private Limited Company for Patents Filing, Grant & Commercialization:
    • Sub-categories: Manufacturing Sector, Service Sector.
  7. Top Indian MSME for Patents Filing, Grant & Commercialization.
  8. Top Start-up for IP Filing, Grant/Registration, and Commercialization.
  9. Top Indian Company/Organization for Designs Filing, Registration & Commercialization.
  10. Top Indian Company for Creating a Brand in India and Abroad.
  11. Top Geographical Indication (GI) for Best Promotion and Protection Activities in India and Abroad.
  12. Best Enforcement of IP in India:
    • Sub-categories: Best Police Unit, Cyber Cell, Customs Office.
  13. Best Incubator for Nurturing IP.

Additionally, there are four special citations and a Jury Certificate Award for a rural-centric invention, recognizing efforts in promoting and protecting IP.

Each award carries a trophy, a citation, and a cash prize of ₹1,00,000. The awards are decided by a jury comprising professionals from various fields, including IP law, academia, R&D, and industry associations. The selection is not based solely on the number of IP rights registered but also on how these rights have been leveraged for commercial success. The jury evaluates the performance over the last three calendar years (2021, 2022, and 2023) to ensure a fair and comprehensive assessment.

Linkage with WIPO Awards

In a prestigious alignment, the National IP Awards are linked with three awards from the World Intellectual Property Organization (WIPO). These WIPO Awards will be conferred along with the National IP Awards:

  1. WIPO Medal for Inventors – Top Indian Individual for Patents & Commercialization.
  2. WIPO IP Enterprises Trophy – Top Public Limited/Private Limited Company for Patents & Commercialization in India.
  3. WIPO Users Trophy – Top Indian Company for creating a brand in India and abroad.

How to Apply

Applicants must submit their applications by August 21, 2024, both in electronic and physical formats. The application process involves submitting a detailed Excel sheet and supporting documents along with the application form. It’s important to note that incomplete applications or those submitted after the deadline will not be considered.

The National IP Awards are more than just recognition; they are a testament to the critical role that intellectual property plays in fostering innovation and driving economic growth. By celebrating the top IP achievers, the awards encourage others to embrace innovation and effective IP management as key strategies for success.

For more details on how to apply and the categories, visit the official website.

 

Summary
Celebrating Innovation: National Intellectual Property Awards 2024
Article Name
Celebrating Innovation: National Intellectual Property Awards 2024
Description
The National Intellectual Property Awards 2024 celebrate excellence in IP, recognizing individuals and organizations for their contributions to innovation and effective IP management in India.

About The Author

Harish Naidu

Harish is the Founder-Partner of Acura IP Services. He is a Registered Patent Agent.

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