The Higher Education Commission (HEC) of Pakistan has invited researchers and academicians to submit their proposals under Technology Development Fund (TDF) in its third call for proposals by August 30, 2018.
TDF is a five-year Public Sector Development Programme (PSDP), with an approved project worth Rs. 2.91 billion, aiming to support joint proposals of academia and industry to ensure prototype product development and its commercialization.
Against the second call for proposals, 276 proposals were received, out of which 91 proposals were approved in 25 different industrial sectors including agriculture engineering, IT, nanotechnology, industries symbiosis, renewable energy, mining, and applied engineering sciences.
During the first call for proposals in FY 2016-17, 35 out of 116 received proposals were approved in correspondence with 16 different industrial sectors.
The TDF is one of the flagship projects of HEC towards the accomplishment of Vision 2025 of Government of Pakistan, with an aim of industrial development through technology transfer from academia to industry for building a knowledge-based economy.
Under Tier II of the project, research of academicians will be supported financially with Rs. 14 million for commercialization of products, patent filing, prototype development, initial product development, marketing and licensing of new products.
Since its inception, TDF has been playing a vital role in the promotion of academia-industry linkages and to mobilize local industries to team up with academicians to pitch their joint proposals. Moreover, the TDF has won the trust of renowned industries including Sazgar engineering, Engro, Fauji Group of Companies, Shezan, Metro-Habib Cash & Carry, Shafi Reso Chemical, TCS, Qarshi Industries, Murree Brewery, Starco Fans, Saffron, Pioneer Cement, Seasons Foods, Shama Ghee, SUZU, Shakarganj, etc.
These industries and many others have joined hands with academicians to transfer technology, employment creation, and revenue generation through innovation which is a success on account of HEC and TDF.
Further details can be viewed here.