Three ICUK Projects Enter Technology Commercialisation Agreements with Chinese Companies
29th October 2009, Dong Guan, China. Three ICUK funded PoC projects have signed initial commercialisation agreements with separate Chinese companies based in Dong Guan. Jointly developed by UK and Chinese research institutes, these projects aim to address environmental issues by developing solar cell, air conditioning and air-cleaning technologies which are more effective and efficient.
These projects were recently showcased in Dong Guan, China, as part of the technology promotion event that was recently organised by the ICUK in conjunction with the Dong Guan Science and Technology Bureau. Representing a high-level of innovation as well as having great commercial potential, the projects attracted much attention from Chinese companies based in Dong Guan ? an area in China typically focused on engineering and hi-tech technologies. The companies involved in the projects will each explore the commercialisation of the technologies in China through marketing research and testing and assessing of the technology which could potentially lead to a commercialisation deals in the future.
The first prototype of a technology which was developed by the University of Nottingham and Tsinghua University is now being shipped to Beijing for demonstration and localisation development. The UK and Chinese collaborators aim to achieve a licensing deal in the near future with the intention of its innovative products to be distributed widely in Chinese markets.
?Having been to various cities in China to promote ICUK joint innovation and technology transfer projects, I am truly impressed by Dong Guan companies. They have been extremely willing to adopt innovative technologies and have a highly professional manner in developing products.? said Manyi Cristofoli, ICUK Executive Director. ?The ICUK is also grateful to the Dong Guan Science and Technology Bureau who were instrumental in these partnering the projects as well as providing potential resources to develop further the technology in China.?
Mr. He Jin Ming, Director of Business Development, Dong Guan Ke Da Electromechanical Devices Company Limited, said, ?As one of the largest manufacturers of airconditioning units in China, we are very pleased to be working with this innovative technology from these two highly regarded research institutions. We are looking forward to receiving the prototype soon.?
The ICUK continues to organise sector specific events in China to partner UK technologies from research institutes or from technology businesses with Chinese industry.
