Technology Transfer Pilot Project

closed

The TTP will provide support in three core areas: • Commercialization support by providing advice on all steps of the technology transfer process, from disclosure submission, to technology evaluation for commercial readiness, negotiation with commercial partners and, after transaction monitoring support. The project will also provide capacity building support to GITA on financial management. • Financing of product development services for selected awardees to advance commercialization transactions that still need proof of commercial readiness. These services will include legal services , commercial services and technical services like industrial testing, etc. • Financing of technical services for selected awardees to connect prospective researchers with industrial partners looking for relevant technologies. Specifically, the project will deploy services to facilitate deals between the industry and the R&D sector in Georgia. These services will include contract research, service contracts, business intelligence, and support in preparing project proposals for other donor programs. This project will be executed by GITA (with technical assistance provided by the World Bank under a Bank-executed component on capacity building for GITA). Expected results include the establishment of a Technology Transfer Pilot Project, deployment of multiple service lines, and the initiation of technology transfer transactions.