The technology business incubator at CSIR-National Chemical Laboratory (CSIR-NCL), Pune, Venture Center has been declared the winner of the National Intellectual Property Awards 2021 & 2022 under the category of "Best Incubator for Nurturing IP". This award is given by the Office of Controller General of Patents, Designs, and Trademarks.

The award was given on 15 October 2022 at an event held in Delhi in the presence of Shri Piyush Goyal, Hon’ble Minister of Commerce and Industry. Dr Soma Chattopadhyay, Head, Incubation & Mentoring, at Venture Center received the award.This award helps cement the Venture Center's positioning as the top inventive enterprise incubator in the country.