Central University of Punjab inks MoU with Innovation Technology Transfer Office to promote cooperation in IP Management

i-TTO is a regional technology transfer office set up at Foundation for Innovation and Technology Transfer (FITT), the IP and Technology Transfer arm of Indian Institute of Technology, Delhi, with support from National BioPharma Mission, BIRAC to assist the academic institutions.

The Central University of Punjab, Bathinda (CUPB) signed a Memorandum of Understanding (MoU) with the Innovation–Technology Transfer Office (i-TTO) to promote collaboration in areas of IP Management, technology transfer and competency development.
i-TTO is a regional technology transfer office set up at Foundation for Innovation and Technology Transfer (FITT), the IP and Technology Transfer arm of Indian Institute of Technology, Delhi, with support from National BioPharma Mission, BIRAC (a Govt of India and World Bank Project) to assist the academic institutions.

The aim of this collaboration is to promote cooperation between the two organizations and to engage i-TTO to assist CUPB with IP management, transfer of technologies developed by its faculty and students and business facilitation.

While sharing the details of MoU, Ms. Pooja Bhatia (Chief Manager, i-TTO) mentioned that under this association i-TTO will assist CUPB to excel in the field of IP management, technology transfer and capacity building. The services that will be provided by i-TTO to CUPB will comprise assessment of research outcome, IP filling, drafting IP & tech-transfer policy, technology assessment & promotion, negotiation and signing of deals with corporates and capacity building.

In his address, Prof. Raghavendra P. Tiwari, Vice-Chancellor, CUPB, mentioned that CUPB has set high benchmarks in the field of research and innovation with high research publications in international journals and research projects. As a research-centric university, we need to improve our performance in a number of patent applications filled which are currently low in number due to the absence of a patent support system. Prof. Tiwari stated that the purpose of this MoU is to encourage our researchers and faculty to build competencies in the areas of IP Registration and Tech

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