The Sri Lanka Inventors Commission (SLIC), in collaboration with the Southern Provincial Industrial Development Authority, Southern Provincial Ministry of Industries, University of Ruhuna, Southern Provincial Department of Education, and the Southern Provincial Department of Agriculture, has launched “Southern InnovaBiz” – a special initiative to strengthen the innovation ecosystem in the Southern Province.
This program provides financial assistance of up to Rs. 500,000 (subject to conditions) and technical support for inventors to develop prototypes of their innovations with commercialization potential.
Key Objectives
✔ Empowering inventors by providing financial and technical support for prototype development.
✔ Identifying inventions, securing intellectual property rights, and directing them towards commercialization.
✔ Uplifting innovation within the Southern Province to contribute to national production and income.
✔ Ensuring effective and integrated project implementation through institutional collaboration.
Application Process
1️⃣ Submit the completed application.
2️⃣ Verification of required information (e.g., patent details).
3️⃣ Selection process.
4️⃣ Signing of agreement with the Southern Provincial Industrial Development Authority.
5️⃣ Release of funds according to the grant agreement.
6️⃣ Final evaluation by the six partner institutions.
Important Instructions for Applicants
- Provide accurate and clear information in the application.
- Indicate the name(s) of inventor(s)/partners as per National Identity Card.
- Ensure the applicant(s) signature(s) are included.
- Mention the relevant patent number/patent application number and attach the certificate if already granted.
- Submit the project plan (in the given format) and a one-page description explaining how the project benefits align with the program objectives.
How to Apply
Applications can be downloaded as follows