About Us
KIIT-TBI TTO is one of the seven TTOs setup under the National Biopharma Mission’s (approved by the Cabinet Committee on Economic Affairs, GoI), an initiation of Department of Biotechnology, Ministry of Science and Technology, Govt. of India; implemented and managed by BIRAC. KIIT-TBI TTO acts as an external Technology Transfer Office catering to the needs of innovators, researchers, and startups under the industry-academia collaboration across pan India. KIIT-TBI TTO’s mission is to bring scientific discoveries and technological innovations to the marketplace for societal benefit and to foster new venture creation and growth to support economic development aligning with the principles of Atmanirbhar Bharat.
Technologies developed in the Universities, research labs and scientific institutions across the country need to bring useful contribution to the economy through industry adoption and exploitation. Technology Transfer is a means of strengthening the idea of Aatmanirbhar Bharat wherein indigenous technologies are adopted by the industry to serve local and global needs.
KIIT-TBI is well known for its proactive efforts to nurture the innovation eco-system in the Eastern and the North Eastern regions of the country. In establishing this TTO, the aim is to strengthen this ecosystem with the Indian industry adopting the technologies coming out of these regions for the welfare of the people of these regions in particular, and for the country, in general. KIIT-TBI TTO office functions in a collaboratively harmonious way with industry and innovators, brings them together, and brings out the best technologies for improving the lives of people and boosting local and national economy.
TTO’s Role
- Implementing/monitoring of institutional IP & TT policy
- Selecting inventions with commercialization potential
- Shepherding inventions towards good IP protection
- Orchestrator of the IP suite
- Builds strategy for commercialization pathway
- Marketer of the technology
- Coordinator of the interaction between inventor, potential licensee, and university
- Negotiator of the license
- Manager of the licensor/licensee relationship
- TTO also has a creative and proactive role in early stages of technology development
TTO acts as a Catalyst
Like any catalyst, the TTO is neither a reactant nor a product – it just makes the process (of technology commercialization) go easier, faster, and further to completion.
Also like a catalyst, the TTO makes an important impact in the Society by bringing in new technologies for public good and strengthening the economy.
Investors TTO facilitates
- Applications for the invention (remember “Lateral Inventiveness”)
- Commercialization “Allies”
- Commercialization “Supporters” & “Accelerators”
- R&D partners
- Investors
- Entrepreneurs
- Intra-preneurs