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Entries invited for Technology Development Board’s National Awards, 2022

Entries invited for Technology Development Board’s National Awards 2022

New Delhi, Nov. 20: Technology Development Board (TDB), a statutory body under Department of Science & Technology (DST), Govt. of India has invited applications for prestigious National Awards, 2022.

Every year, for the furtherance of its mandate, TDB invites applications from Indian Companies for the commercialization of technologies under three categories National Award, MSME award, and Start-up award. These awards are conferred to the industries for the successful commercialization of innovative indigenous technology.

This annual honour provides a platform of recognition to the Indian industries and their technology providers who are working to bring innovation to the market and helping in contributing to the vision of “AatmaNirbhar Bharat”.

The awards are presented on National Technology Day, which is celebrated on May 11 every year to commemorate the achievements of scientists, researchers, engineers , and all others involved in the field of science and technology.

National Award consists of a cash prize of Rs. 25 lakh and a trophy to an industrial concern which has successfully commercialized an indigenous technology. However, in case the technology developer and commercializing organizations are different each one would be eligible for a cash prize and a trophy.

MSME Award consists of a cash prize of Rs. 15 lakh and a trophy each to a Micro, Small, and Medium Enterprise that has successfully commercialized a technology product based on indigenous technology. Start-Up Award- Cash award of Rs. 15 lakhs and a trophy each to startups that have promised new technology with potential for commercialization.

Interested applicants can visit on or before 31st December, 2021 for applying the awards. (India Science Wire)

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