NRDC, Inks MoA with CSIR-NIO, Goa for “Commercializing IPs & Technology”

NRDC, Inks MoA with CSIR-NIO, Goa for “Commercializing IPs & Technology”

New Delhi: National Research Development Corporation, an Enterprise of Department of Scientific & Industrial Research, Ministry of Science & Technology, Govt. of India, New Delhi (NRDC) & CSIR-National Institute of Oceanography, Goa has entered into Memorandum of Agreement (MoA) for marketing the inventions/innovations, patents, formulations, know-how/processes developed by the institute and also collection of Premia and Royalties arising from these activities.

Dr. H. Purushotham, Chairman & Managing Director, on behalf of National Research Development Corporation (NRDC) and Dr. S. Prasanna Kumar, Director, CSIR- National Institute of Oceanography, Goa has signed the MoA. Senior officials from both the organizations were also present.

NRDC has been serving the nation for more than six decades in development, promotion and commercialisation of technologies emanating from R&D organization, PSUs and academia. It has so far licensed technologies to more than 4800 entrepreneurs/ companies in the country in almost all sectors of industry and provided technical and financial assistance for filing about 1700 patents in India and abroad. NRDC connecting the technologies to start-ups.

CSIR-NIO, carries out applied research sponsored by the industry which includes oceanographic data collection, environmental impact assessment, and modelling to predict environmental impact. The institute also provides consultancy on a number of issues including marine environmental protection and coastal zone regulations, the laboratory has also generated a large number of inventions, patents, formulations, know-how/ processes.

CSIR-NIO and ‘NRDC’ recognise the respective strengths of the two organisations and accordingly agree to cooperate in the development of technologies and their successful transfer to industry for commercial exploitation and socio economic benefits.

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