The National Institute of Micro, Small and Medium Enterprise (NIMSME) in association with Pharmexcil is organising one day ‘Facilitating Technology Acquisition’ workshop on June 28, 2013 in Hyderabad.

The main aim of this workshop is to focus on the new and innovative technologies available for Industry particularly for the pharma, biotech and electronic industries.

This workshop is taken up based on the new scheme called PACE (patent acquisition and collaborative research technology development) initiated by department of scientific and industrial research (DSIR).

The scheme is intended to provide financial support to Indian companies for acquiring patented technologies of their choice from national and global sources on exclusive or non-exclusive basis. “This workshop is very much useful to the entrepreneurs who wish to acquire new technology for their organization. Particularly the Micro, Small and Medium Enterprise could gain lot of knowledge as to what are the different technologies available and how one can acquire them,” says Surya Prakash Goud, associate professor at NIMSME, Hyderabad.

Scientists and officials from DSIR will take part in the workshop and will explain the details about the PACE scheme.

PACE scheme is designed to facilitate early stage technology/ IP acquisition by industries to manufacture “Made in India” products and strengthens the interface between industry, R&D establishments and academic institutions by providing catalytic support for development and demonstration of innovative product and process technologies, traversing the journey from proof of concept or laboratory stage to pilot stage, ready to be launched for commercialisation. The scheme assists in development of new technology or the creative/innovative application of the existing technologies to solve problems and to support ingenious and elegant work in a particular field or industry.

On the whole PACE’s main objective is to support Indian industries to acquire patented technology at an early stage and to encourage and accelerate development and demonstration of indigenous product and process technologies by in-house R&D centres. In addition to this, it is also aimed at creating conducive environment for collaborative research between Indian Industry and R&D organisations/ academic institutions/universities in India or abroad and formulate collaborative projects for development and demonstration of lab scale technologies.

Members from the pharma and biotechnology industry can utilise the opportunity and get more information about the scheme during the one day workshop which is scheduled to be held at NIMSME Yusufguda in Hyderabad.