The government has launched the 'National Initiative for Research and Development Commercialization' (NIRDC), a timely and long-awaited initiative. NSF is fully geared towards the actual operationalization of the initiative as the NSF has a spectrum of established grant schemes well aligned with the mission of the NIRDC. The mission of the NIRDC is ' To identify completed or near-completed research projects with high commercialization potential, to develop targeted mechanisms to address funding gaps, and to create a dynamic platform that connects investors with market-ready solutions'. More information is available at https://www.nirdc.gov.lk