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HEC seeks applications from academia-industry for Technology Development Fund - Daily Times

Last updated Wednesday, November 16, 2022 01:05 ET

The Higher Education Commission (HEC) has announced 4th call for proposals for Technology Development Fund (TDF) from academia & industry to strengthen linkages in Pakistan for inclusion, adoption and promotion of newly developed technologies and support viable commercial ideas.
According to official sources in HEC, the objective of the initiative is the venture proposals invited from match-made academia & industry, with the mission to solve a current industrial, economic, or technological problem having a socio-economic impact, value creation, innovation, import-substitution and indigenization.
HEC has announced the joint proposals from academia-industry initiated by Higher Educational Institutions through ORIC/Directorate of Research must reach HEC, no later than December 20, 2022.
As per HEC, financial support up to 14 million PKRs will be provided to the successful proposals.
HEC uplifted Made in Pakistan ambition through Technology Development Fund with over 150 products licensed to partner industries.
As per eligibility criteria, the faculty members of public & private sector Higher Education Institutions with relevant commercialization partners from industry/ investor/ private/ public sector R&D institutes/ Spin-offs / Start-ups at leading Incubation Centres or Accelerators, are eligible to apply for the proposals.
However, the preference will be given to the proposals having strong industrial collaboration with financial and technical commitment.

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