National Intellectual Property (IP) Awards are conferred to recognize and reward the following:

a. contribution of individual, company, R & D Institutions, academic institutions, organizations for their creations and commercialization of IP which have contributed to harnessing the country's intellectual capital and creating IP eco-system that boosts creativity and innovation and

b. law enforcing agency to ensure effective implementation of the IP laws and create healthy IP ecosystem.

These awards are being given since 2009 onwards. The award carries cash Prize of Rs. 1,00,000 and a citation, which is conferred by the Union Minister of Commerce and Industry in an event organized by Office of Controller General of Patents, Designs and Trademarks in collaboration with Confederation of Indian Industry (CII) on World IP Day (26th April).

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