Chattogram:The University Grants Commission (UGC) is implementing measures to enhance funding for collaborative research, aiming to extend the application of technology and knowledge developed in university laboratories to industries and commercial sectors.
According to Bangladesh Sangbad Sangstha, UGC Chairman Prof Dr Mamun Ahmed announced these initiatives during the opening ceremony of the 'Fifth International Conference on Innovations in Science, Engineering and Technology' at the International Islamic University Chittagong. Dr Ahmed emphasized the importance of applying university research to address real-life issues and contribute to the national economy, urging for research to transcend beyond academic publications to practical applications.
The UGC's strategy includes setting up Technology Transfer Offices (TTOs) and startup incubators to support the transition of research into marketable technologies and entrepreneurial ventures. Dr Ahmed highlighted the need for industries to invest in university labs to develop local solutions, citing examples like automation in supply chain management and garment factories.
Dr Ahmed also stressed the significance of connecting local scientists with international research networks and increasing funding for applied research. He outlined plans for TTOs to manage intellectual property rights and licensing, and the establishment of startup incubators to foster entrepreneurship and employment.
The program was chaired by IIUC Vice-Chancellor Prof Dr. Mohammad Ali Azadi, with addresses by IIUC Pro-Vice-Chancellor Prof Dr Mohammad Hasmat Ali, Treasurer Professor Dr Mohammad Mahbubur Rahman, and others.