Under the Increasing Institutional Capacity for Innovation Project, financed by the European Union, the Technology Transfer Pilot..."/>
Under the Increasing Institutional Capacity for Innovation Project, financed by the European Union, the Technology Transfer Pilot Program aims to support commercialization of Georgian scientific results that respond to market needs. The program duration is approximately three (3) years, started in April 2019. The project is implemented by the World Bank Group and Georgia’s Innovation and Technology Agency (GITA). The team will work closely with Georgian research organizations to detect and select the most promising ideas. Research projects that have reached a Technology Readiness Level (TRL) level 4+ and above will be eligible for evaluation.
During the program, capacity building for scientists and the commercialization team will be delivered via on-the-job training while the commercialization cycle is deployed for the projects that are selected. Financial and technical resources will be made available to a small number of mature projects, before these projects are presented to potential customers in Georgia and abroad.
The objectives of the program are to:
The Program will include the following activities, among others: