The total income from IP commercialisation was R 3.78m and a total of 4 new UCT spin-off companies were formed, the highest ever in a year. 41 invention disclosures were received by RC&I and 72 new patent applications were filed at different stages of patenting (up from 67 in 2016) and 16 patents were granted.
Advantage Austria, the Technology Innovation Agency, Silicon Cape and RIIS are running an Open Innovation Challenge looking for innovative solutions in the area of agricultural water conservation and irrigation. All of the information is available on www.agriwater.org.za. Please note that the submission closing date is 15 March 2018.
Philip Hoekstra, UCT Intellectual Property Manager, was recently appointed to the International Committee of the International Technology Transfer Network (ITTN) based in China. The ITTN promotes International Technology Transfer through a variety of mechanisms, including matchmaking events and conferences. Of particular importance is the focus on BRICS countries and Philip will further serve as one of the South African representatives of their new BRICS Technology Transfer Cooperation Mechanism.
More than 50 delegates from BRICS countries met on 30 November 2017 in Kunming, China to participate in the first BRICS Technology Transfer Cooperation Forum and Workshop. The activities were part of the Kunming Summit of the China (Beijing) International Technology Transfer Convention. At the Kunming Summit, an action plan for a BRICS Technology Transfer Cooperation Mechanism was launched. The initial stage, which includes setting up a BRICS Technology Transfer Centre in Kunming, will be funded by the local Municipal Government.