Technology Development Fund (TDF) a PSDP project implemented by Research and Development Division of HEC since FY 2016-17. 124 Industry academia joint venture projects has been awarded and funded against 1st & 2nd Call costs 1.16 Billion PKRs from HEC, whereas partner industries had contributed 257 Million PKRs. More than 100 industries are already on board for active collaboration on prototype, product development and commercialization. For the 1st time HEC through TDF tapped the technologies and processes developed after stringent efforts of HEC to build R&D culture in academia. TDF provided the academic scientists an opportunity to commercialize their research in collaboration with industry. This is of its kind premier effort to bridge academia industry gape to create business, value addition in their product/processes and services for industrial development, employment generation and ultimately knowledge economy. Some of the renowned private industries i.e. Engro, Fauji group of companies, Shezan, Metro Habib Cash & Cary, Shafi Reso Chem, TCS, Qarshi Industries, Muree Brewary, Starco fans, Saffron, Poineer Cement, seasons foods, Shama ghee, SUZU, Shakarganj, Sazgar engineering and many more have joined academicians for transfer technology, product development and successful commercialization.
Out of 1st Call 35 project 3 had already signed commercialization agreements, many others are in negotiations with their industry partners. US patent to one project has been granted and many others had filled patent, copy rights and trade mark applications. For more details on TDF success stories, videos and necessary information please visit; https://www.facebook.com/HECTDFOfficial/