Sri Lanka Inventors Commission is a statutory body established by the provision of the Sri Lanka Inventors Incentive Act No.53 of 1979, and functioning under the Ministry of Science, Technology and Research.
The objective of the Commission is to promote and encourage creativity and inventiveness of Sri Lanka by providing technical, legal, financial assistance and assistance to find access to market. Achieving its objectives the Commission has taken many measures where giving Presidential Awards for inventors is one of them.
As stipulated in the paragraph 11(f) of the Sri Lanka Inventors Incentives Act the Presidential Awards are given annually to the Sri Lankan citizens for their patented inventions or innovations. Sri Lankan individuals, groups or institutions who have made inventions or innovations that are patented in Sri Lanka during the year have been evaluated by the jury appointed by the President of Sri Lanka to recommended Presidential Award winners.
The overall best invention of each year is given the “Presidential Award of the Year” award.
The competition is open to fourteen technical fields namely;
- National Security
- Public Welfare
- Traditional Medicine
- Industry and Technology
- Food Technology
- Import Substitution