On 21st June 2024, Chandigarh Engineering College-CGC, Landran-Institution's Innovation Council (IIC) organized an online "Workshop on IPR and IP Management" as a part of the IIC Calendar Activity-2 under the Mentor-Mentee Program for IIC Institutes, Ministry of Education (MoE) Innovation Cell (MIC), Govt. of India. The workshop aimed to brief mentee institute representatives on patents, trademarks, copyrights, commercialization, TRLs, IPR and IP Management. Dr. Dinesh Arora and Dr. Prashant Kumar provided comprehensive insights on these topics emphasizing the importance of strategic IP management, effective commercialization of technology and fostering innovation. The event highlighted the knowledge commercialization cycle, the significance of industry involvement in technology development and the role of Technology Readiness Levels (TRLs). Participants gained increased awareness of IPR and IP management, a better understanding of the knowledge commercialization process and insights into addressing technology commercialization challenges. The workshop aimed to motivate research, innovation and capacity building, equipping participants with the knowledge to navigate the start-up ecosystem and meet market demands.