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National Tech Day celebrations highlight surge in entrepreneurship spirit for cost effective tech

The National Technology Day celebrations highlighted an increase in entrepreneurship spirit to develop cost effective indigenous solutions.

The day is a significant milestone in the history of India’s technological innovations as India successfully tested nuclear bombs in Pokhran on May 11, 1998 and is commemorated every year by honouring the architects of such innovations. Awards are given to several innovators and entrepreneurs on this day every year.

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For the year 2021, Technology Development Board (TDB) invited application for National Awards under three categories and total 15 winners were selected after a stringent two-tier evaluation process with panellists being eminent scientists and technologists themselves.

Every year, for furtherance of its mandate, TDB seeks applications for National awards for commercialization of technologies under three categories National AwardsMSME awards, and Startup awards. These awards are conferred to various industries for successful commercialization of innovative indigenous technology. This annual honour provides a platform of recognition to the Indian industries and their technology provider who work to bring innovation to the market and help in contributing to the vision of “Aatma Nirbhar Bharat”.

TDB is a statutory body of Government of India functioning under Department of Science of Technology which provides financial assistance to Indian industrial concerns and other agencies, for commercialization of indigenized technologies or adaptation of imported technologies for wider domestic applications. Since its inception in 1996, TDB has funded more than 300 companies for commercialization of technologies.

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