Innovator
If my innovation is not registered with NIF, can I still get support for commercialization?
No, only those innovations registered with NIF will get support for commercialization.
Can NIF help me in commercialization of my technology? If yes, how should I approach?
Yes, NIF can help in commercializing your technology. You should send your innovation to –
National Coordinator (Scouting and Documentation),
National Innovation Foundation,
Satellite Complex, Bungalow No 1,
Premchandnagar Road ,Road, Jodhpur Tekra,
Ahmedabad 380015 Gujarat.
Or
email: campaign@nifindia.org
Our team will process your entry and will communicate accordingly.
In case you feel that it needs urgent processing take first mover advantage in the market you can email your entry at – bd@nifindia.org
What is the criteria for an innovation to be taken up for commercialization byNIF?
Individuals or communities who have achieved distinction in improving quality and productivity without the aid of formal institutions are invited to participate in the Fifth National Biennial Competition for ideas, innovations and traditional knowledge. Ideas for innovative technologies which have not yet become products are also welcome. The resources of NIF are dedicated to supporting innovators and traditional knowledge holders from the unorganized sector only.
Therefore, entries from professionals that is, those having professional degrees or affiliation with formal institutions or have gained long professional experience in public or private sector are ordinarily not accepted. However, if anybody develops a technology in their individual capacity without any institutional help and that has grassroots applications, it may be considered for inclusion in a separate database of grassroots innovations by professionals. NIF may help them only through linkages and providing visibility, but not financially. Essentially short listed entries should be accompanied with a PIC (Prior Informed Consent) for commercialization.
Can you list my innovation on your website for generating business enquiries?
Yes, you can list your innovations on NIF website after registering with us if it comes under the green, unaided, grassroots category. For further details on shortlistingshort listing criteria visit - http://www.nifindia.org/5th_announcement.htm
How would NIF ensure appropriate benefit sharing in commercialization?
The concept of PIC (Prior Informed Consent) provides for clear enunciation of the conditions at which innovations or traditional knowledge shared by the innovators can be shared with the third parties or can be commercialized.
The shares of the various stakeholders have been suggested in the proposed ratio of benefit sharing. But you are free to decide what proportions you feel proper. That may have a bearing on the motivation of the various stakeholders. The various stakeholders could be – the innovator/TK holder, the community/village he is from, the innovation promotion fund i.e. MVIF, Researchers or those who add value, Institutional overheads and Conservation of natural resources. For instance, suppose you say that 50 per cent of net benefits should come to you, the innovator, and the remaining 50 per cent may go to those who add value, or the community or innovation fund.
Will NIF charge me for commercialization related services?
There shall be no immediate service charge for technology commercialization except you may have to meet the cost of support extended in full or part. In many cases, the cost may also be supported by NIF as part of its investment in the enterprise.
In lieu of all the support or part of it, NIF may seek part of future profits with an objective to sustain its own operations. However since NIF is mandated to promote the grassroots innovator, it would be the timely support at no immediate cost and sharing profits only when enterprise becomes profit-making.
How can NIF help me in protection of my IP?
Inventors and innovators who are not capable enough to protect their creativity on their own are provided IPR support in deserving cases. Whether intellectual property rights have to be protected or not depends entirely upon the wish of the knowledge holders. For further support you can email on – ipr@nifindia.org