HEC, in a positive effort to encourage and nurture entrepreneurship and socio-economic development, has introduced a Technology Development fund which will provide viable projects with the resources required to develop their products/services.
Which Projects Will Qualify?
The projects funded through the Technology Development fund will be expected to develop their product/service which should positively impact the society, solve a problem, utilize raw materials of local origin, move existing products along the chain of value, meet the need in a particular product/service market or can contribute to the economy by creating a business and indirectly creating jobs for people.
Projects should preferably be in these areas:
- Information and Technology/Computers (applications in government, services, health, textile, agriculture, dairy etc.)
- Micro-electronics
- Biotechnology (in government, health etc.)
- Material Sciences/Manmade Material
- Telecommunication
- Robotics
- It could also be of “any other discipline conducive to success of products developed in the above areas.”
Furthermore, the projects need to be created in a joint academia-industry partnership.
How to Download & Send the Application:
You can download the application forms from here.
The applications must be sent to HEC on the following address through the Office of Research Innovation and Commercialization (ORIC) of the particular University the applying team is located.
Noshaba Awais
Director R&D
Higher Education Commission
Sector H-9, Islamabad, Pakistan
Applications can be sent until December 2016 and will be evaluated on a first come first serve basis.
