On April 17, 2024, iLabo Inc.’s Handwritten Chemical Formula Recognition Engine was recognized for its promising potential for future development and received the Encouragement Award in the Software Category at the 36th Small and Medium Enterprise Excellent New Technology and New Product Awards. The awards are organized by the Resona Foundation for Small and Medium Enterprise Promotion and The Nikkan Kogyo Shimbun. Award Announcement List of Winners – 36th Small and Medium Enterprise Excellent New Technology and New Product Awards Coverage by The Nikkan Kogyo Shimbun 36th Small and Medium Enterprise Excellent New Technology and New Product Awards (1) – General Category 36th Small and Medium Enterprise Excellent New Technology and New Product Awards (2)