Three (3) innovative projects were approved by the Department of Science and Technology (DOST) under the Technology Innovation for Commercialization (TECHNICOM) Program, one of the premier programs being implemented by the Technology Application and Promotion Institute (DOST-TAPI), during the first semester of 2017.
TECHNICOM provides support to commercially-viable projects through financial and technical assistance by fast-tracking the transfer and commercialization of research-based, locally-developed technologies.
Moreover, the Program provides funding assistance for prototype development, pilot-scale testing, technology validation, field testing, and feasibility study preparation and consultancy service for Intellectual Property (IP) for DOST-funded technologies.
The approved projects included the R-TAP (an advanced pressure management system for water utilities), cacao by-products processing enterprise, and mosquito-repellent textile products.
Three (3) inventors recently signed a Memorandum of Agreement (MOA) with the Technology Application Promotion Institute of the Department of Science and Technology (DOST-TAPI), formalizing the provision of assistance for pilot production and market testing of Green Eco-Toilet System and Cylinder Masonry Breaker, and for production cost in satisfying the unmet demand of MYKL Kiti-Kitix on 28 June 2017 at the DOST-TAPI Conference Room.
The inventions which deemed to be technically and commercially viable were granted financial assistance under the Industry-Based Enterprise Development (IBED) Program, one of the leading programs of DOST-TAPI for inventors.
The IBED Program supports the development of an invention through funds assistance for pilot production, in becoming a business enterprise by making the invention available to the consumers.