AIC-Nalanda Honored as “Best Incubator for Nurturing IP” at National Intellectual Property Awards 2024

-Recognized for Excellence in Fostering Innovation and Strengthening India’s IP Ecosystem

Bhubaneswar: AIC-Nalanda, a leading startup incubator, has been awarded the prestigious title of “Best Incubator for Nurturing IP” at the National Intellectual Property (IP) Awards 2024. The award was presented by Shri Piyush Goyal, Hon’ble Minister for Commerce & Industry, Government of India, at a ceremony organized by the Office of the Controller General of Patents, Designs & Trade Marks (CGPDTM) under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry.

The accolade recognizes AIC-Nalanda’s outstanding contributions in fostering IP awareness, patent filings, and technology commercialization among startups and innovators. By providing critical mentorship, funding support, and IP guidance, the incubator has empowered entrepreneurs to protect their innovations and leverage intellectual property for sustainable business growth.

Speaking on the achievement, Mr. Durga Prasad Gouda, CEO of AIC-Nalanda, said:  “We are deeply honored to receive this national recognition as the ‘Best Incubator for Nurturing IP.’ This award reflects our unwavering commitment to building a robust IP ecosystem in India. At AIC-Nalanda, we believe that protecting and commercializing intellectual property is key to driving innovation and self-reliance. This milestone strengthens our resolve to support startups in transforming their ideas into globally competitive, IP-driven enterprises.”

The National IP Awards celebrate excellence in patent filings, grants, and commercialization across industries. The awards acknowledge institutions, corporations, and individuals who have significantly contributed to India’s innovation landscape.