The Department of Science and Technology will bring the third and final installment of this year’s Technology Transfer Day in SMX Convention Center, SM Lanang Davao City today.
DOST has previously launched the same event in Manila on April and Ormoc, Leyte September this year.
Speaking during the Kapehan sa Dabaw media event yesterday, Asst. Regional Director Elsie Mae Solidum bared that this Mindanao-wide activity sought to promote DOST generated and assisted technologies to its intended beneficiaries, stakeholders, and private sectors.
The assistant regional director also said that the event is an avenue to market technologies, cascade awareness in a regional level, promote partnership among stakeholders and generate investment.
For the Mindanao leg, Solidum said there will be 73 to 75 technologies to be presented which are the output of DOST-assisted and supported private individuals and institutions such as state colleges and universities across the country.
One of the technologies that will be presented is the knee replacement system that is designed specifically for the Asians which was made in the Philippines and co-funded by the DOST.
Broadly, all the technologies that will be featured are for the agriculture, food industry, health, environment and disaster risk reduction, crafts and textiles, and the ICT sector.
For the past two roadshows, DOST has generated 58 inquiries in Ormoc and 14 transactions on the health sector alone, according to Solidum.
She added that majority of the inquiries were pertaining to technologies such as hand tractor with attached rice transplanter for agriculture, Charging in Minutes (CharM) for ICT, and food innovation-centered technologies such as vacuum dryer and freeze dryer.
In a press statement, Usec. Rowena Cristina Guevara, DOST Undersecretary for Research and Development mentioned that the technologies to presented are the products of the last three years of research and development.
Also guesting in Kapehan sa Dabaw, Technology Transfer and Commercialization Section (TTCS) head Engr. Rosemarie G. Garcia said that the event is DOST’s initiative of reaching out to potential investors and stakeholders who used to be the one to approach the agency for technologies.
Solidum supported the statement by adding that these technologies will be availed “with a price” but since they are government supported, investors can avail them for a lesser value.
“This is not even ROI (return of investment) but more of a token since the government has spent more than the profit of selling these technologies,” stressed the assistant regional director as she added that a portion will proceed to the intellectual property rights of the technology developers.
The Technology Transfer Day is organized by the DOST Region XI in collaboration with Technology Application and Promotion Institute, Science and Technology Information Institute, MindaDOST, Davao City Chamber of Commerce and Industry Inc. (DCCCII), and Mindanao Business Council (MinBC).
Around 500 participants consist of investors, stakeholders and LGUs from across the island region are expected.