Dhaka University (DU) and Bangladesh University of Engineering and Technology (BUET) signed an agreement on Tuesday with University Grants Commission of Bangladesh (UGC) for establishing Technology Transfer Office (TTO) at their respective universities.
UGC Secretary Dr. Md. Khaled signed the agreement with DU and UGC on behalf of UGC when UGC Chairman Professor Abdul Mannan was present as the chief guest.
Under the agreement, DU will get Taka 2 crore and BUET Taka 1 crore 99 lakh and 92 thousand through Higher Education Quality Enhancement Project for establishing the TTO.
Addressing the occasion, UGC chairman said that the TTO is highly needed for preserving the innovation, with playing an important role in patenting the innovation at university level.
Bangladesh Agricultural University has already established the TTO with support from the UGC.
