Technology Transfer Program (TT Program) provides support to R&D institutions in order to increase their ability and efficiency in the commercialization of inventions. The TT Program aims to increase the relevance of scientific research by creating new products that are relevant to the economy and/or society.
As part of the TT Program, Awardees will have access to financial and mentoring support to increase technology and commercialization readiness level and create conditions for bringing their invention to the market. The involvement of mentors with experience in turning research results into products with market demand will contribute to the quality of the outcomes of the supported projects.
Through this program, inventions that have reached at least technology readiness level 4 and have defined ownership of intellectual property rights will be supported.
Financial support:
- Maximum financing is up to RSD 6.000.000 which covers 100% of the approved project budget costs.
Mentorship:
- Support for product definition;
- Support in the preliminary assessment of the market and analyzing the market suitability of the product;
- Defining the future business model;
- Commercialization strategy development;
- Support for launching startups/spinoffs;
- Support in the licencing process;
- Support for defining an intellectual property protection strategy
Project duration: maximum 12 months
Application documentation: available on Documentation
Deadline for submission of applications: The regular evaluation of submitted applications is currently in progress, in line with the program’s procedures. The submission of new applications will reopen once the evaluation process has been completed.
Applications must be submitted through the Innovation Fund portal
Contact: ttprogram@inovacionifond.rs
Financing of the Technology Transfer Program is provided from the budget of the Republic of Serbia, from the Ministry of Science, Technological Development and Innovation for 2022.
Financing of the Technology Transfer Program for 2021 is provided from the budget of the Republic of Serbia, from the Ministry of Education, Science and Technological Development.
Technology Transfer Facility and Technology Transfer Program were established under the Serbia Research, Innovation and Technology Transfer Project (SRITTP), which was financed by the European Union (IPA 2013), and administered by the World Bank. The project was implemented in the period from 2015 to 2019. Later on, funding was provided and continued from the budget of the Republic of Serbia, from the Ministry of Education, Science and Technological Development, and through the Competitiveness and Jobs Project (based on the loan agreement between the Republic of Serbia and the World Bank).