Venue set for ‘commerciable’ Pinoy technologies, concepts

Technology Resource Center Ref: Gabe Pavico
PRESS RELEASE Tel: 727.6205 loc 411

TRC urges proponents, investors, students to join the TechForum

The Technology Resource Center (TRC) is providing a venue for “commerciable” Filipino technologies and concepts and is inviting proponents, inventors, research and development institutions, angel investors and the business community to join and visit the exhibit.

TRC Director General Dennis L. Cunanan said this will be at the “Technology Showcase”, a feature of the Technology Partnering Forum 2010 slated at the Philippine Trade Training Center on Feb. 22-24. The event will give prospective exhibitors access to more than 5,000 visitors consisting of technology adopters, venture capitalists, and potential investors and buyers of specialized products and services.

“As such, the Technology Showcase will give them (exhibitors) prominent market exposure and vast opportunities for multiple business-to-business networking for joint-venture marketing, investment, research and development, and other possible tie-ups, including direct sale and supply contracts,” Cunanan said.

“The exhibitors can also take advantage of the TRC’s print and online promotional materials for the event and tap the agency’s marketing support facilities and services. Moreover, each technology exhibitor of new and indigenous technologies automatically becomes eligible for our Best of Show Award,” Cunanan added.

Prioritized for the exhibit are original Filipino technologies in herbal medicine, food processing, manufacturing, water treatment and utilization, alternative energy, biotechnology, and green technology, among many others, all with strong market potential for commercial application, or can be used for various business purposes.

Also to be featured are support services such as computer programs, customized software, hardware and accessories, workshop and test laboratories and equipment, legal assistance for intellectual property rights (IPR) and other related activities that include a business matching service (BMS) to link up the exhibitors and visitors for possible business ventures. The country’s leading research and development institutes, and several state universities and colleges, will also showcase their mature and market-ready technologies.

The BMS can help forge tie-ups between a developer and an investor/entrepreneur, an inventor and a technology adopter, a supplier and a buyer, a researcher and an information source, and even a borrower and a lender.

The BMS, therefore, will serve as the bridge to take a techno-preneur to his market, or to his source of capital and other resources. A pool of experts in various aspects of technology commercialization will be available to assist BMS clients. A TRC specialist-on-duty will handle post-event evaluation and follow-through.

“Most of the attached agencies of the Department of Science & Technology (DOST) such as the Advanced Science & Technology Institute (ASTI), Forest Products Research & Development Institute (FPRDI), Metals Industry Research & Development Center (MIRDC), and the Department of Agriculture’s Bureau of Agricultural Research (BAR) will be displaying the new technologies they have nurtured,” Cunanan said.

The Technology Showcase forms part of the Technology Partnering Forum (TechnoForum) 2010 to mark the TRC’s 33rd year of promoting technology development as a means to boost business and national productivity.

The other components of TechForum 2010 are the Idea-to-Liquidity Technology Symposium, and the student-focused Innovation Opportunity Camp and TeknoBiz Idea Challenge, all guaranteed to turn this occasion into a technology festival of wide-ranging proportion.
Expected to attend the TechForum are seed and venture funds, economic developers, angel or seed investors, venture capitalists, academic institutions and the engineering and science education communities, as well as public and private non-profit research institutes.

“Technology commercialization experts and corporate licensing executives will also be around to lend their expertise to overseas Filipino workers and other investing communities from around the country and abroad,” Cunanan said.

Interested exhibitors and TechForum participants may contact the TRC’s Technology Utilization & Commercialization Services Group (tel. 7276205 local 411 or 7210094) and visit the website for details.