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 in Sri Lanka by providing technical, legal, financial assistance and assistance to find access to the market. Achieving its objectives the Commission has taken many measures where giving Presidential Awards to inventors is one of them.
As stipulated in paragraph 11(f) of the Sri Lanka Inventors Incentives Act the Presidential Awards are given annually to 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 recommend 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;
- Public Safety, welfare and National Defense
- Food Technology
- Medicine and Pharmacy
- Public Works and Infrastructure Engineering
- Information and Communication Technology
- Applied Sciences and Technology
- Environmental Conservation
- Traditional Medicine