This award scheme by the Industries and Commerce Department, Union Territory of Puducherry is aimed at recognizing and promoting innovation in products or processes among Micro, Small, and Medium Enterprises (MSMEs). Introduced under the New Industrial Policy 2016 on 4th October 2016, this award honors MSMEs who have patented or applied for patents for their technological innovations.
Details
• Recognizes innovation in products or processes through patents
• Operates under the New Industrial Policy 2016
• Applicable in the Union Territory of Puducherry
• Applications accepted in offline mode only via prescribed format
Benefits
• Cash Award of ₹2,00,000/-
• Citation Certificate
Eligibility
• The enterprise must have applied for or obtained a patent for the innovation
• The unit must be profit-making for at least 3 years preceding the date of application
• At least 60% of the total employment in the unit must be from UT of Puducherry
Application Process
Mode: Offline
Step 1: Wait for the Director of Industries to invite applications through public notification
Step 2: Download the prescribed form from the Official Website of the Directorate of Industries and Commerce, Puducherry
Step 3: Fill in all the mandatory fields and attach self-attested documents
Step 4: Submit the form in person or by post to the concerned authority
Post-Application Process
• The Directorate of Industries and Commerce will scrutinize applications on merit
• Applications are then placed before the Award Committee
• The Committee evaluates each case and finalizes the award recipients
• The list of selected enterprises is notified by the Director of Industries
Documents Required
• Copy of Patent Certificate or Application for Patent
• Entrepreneurs Memorandum Part-2 (UAM/PMT) or Commencement of Production Certificate