28 March 2025, Bhubaneswar: AIC-Nalanda, a premier startup incubator, has been honored with 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, in a ceremony organized by the Office of the Controller General of Patents, Designs & Trademarks (CGPDTM) under the Ministry of Commerce & Industry.
The accolade recognizes AIC-Nalanda’s significant contributions to fostering intellectual property awareness, patent filings, and technology commercialization among startups and entrepreneurs. The incubator has been instrumental in providing mentorship, funding support, and guidance on IP protection, empowering startups to leverage intellectual property for sustainable business growth.
Expressing his gratitude, Mr. Durga Prasad Gouda, CEO of AIC-Nalanda, stated:
“We are deeply honored to receive this national recognition as the ‘Best Incubator for Nurturing IP.’ This award underscores our commitment to building a robust IP ecosystem in India. At AIC-Nalanda, we believe protecting and commercializing intellectual property is essential for driving innovation and self-reliance. This milestone further strengthens our resolve to support startups in transforming their ideas into globally competitive, IP-driven enterprises.”
The National IP Awards recognize excellence in patent filings, grants, and commercialization across various industries, celebrating institutions, corporations, and individuals who have significantly contributed to India’s innovation landscape.