This program is part of the EUR 6.9 million Serbia Research, Innovation and Technology Transfer Project, which is financed by the European Union from its IPA pre-accession funds in the amount of EUR 4.9 million, and co-financed by the Republic of Serbia and the Serbian private sector in the amount of EUR 1 million each. It is implemented by the Innovation Fund in cooperation with the World Bank.

TTF Program is a pilot activity aimed to support the R&D community in Serbia. Through its mechanisms, the local technology transfer organizations at four universities – Belgrade, Niš, Kragujevac and Novi Sad – as well as public-sector R&D institutes are enabled to identify a private-sector partner for the development of their research with commercial potential and get it to the market.

A specialized unit operating within the Innovation Fund, the Technology Transfer Facility (TTF) has a dual mandate:

1. To demonstrate that commercialization of inventions arising from Serbian public R&D institutions are possible;
2. To build capacities of Technology Transfer Offices (TTOs) of Serbia’s four leading universities by providing them with hands-on experience in technology transfer and commercialization process, from the initial disclosure until deal closing;

The mandate of the TTF is fulfilled through its pilot TTF Program – a support program designed for the R&D community in Serbia. The TTF will help local TTOs and other R&D organizations to identify research with commercial potential and focus on the transactional aspect of technology transfer. To that end, the TTF will deploy the following Service lines:

• Eliciting disclosures from researchers
• Screening technology commercial readiness (Triage),
• Funding the proof of commercial readiness activities to move the technology closer to the required technology readiness levels
• Determining commercialization strategy and tactics, including the need for additional commercial readiness funding either from IF funds or externally
• Executing the commercialization strategy and tactics
• Identifying potential commercialization partners
• Negotiating and closing transactions (contracting) with such partners
• Monitoring and follow-up of further commercialization tactics
• Other relevant services such as Contract research, Service contracts for industry, IP landscape analysis, etc.

Besides providing commercialization support to academic and non-academic R&D institutions and private sector companies, the TTF can provide financial support to selected innovative projects coming from public academic R&D institutions in order to bring these projects to a higher commercialization readiness level. This financial support is expected to be around EUR 10,000 per awarded project, and the funds would be used to purchase goods and services necessary for finalizing additional R&D activities which would boost the project’s commercial readiness.

For more information about the TTF Program, please read the Guidelines for Applicants. You can find all necessary application documents here. 

The call for submission of Applications is continuously open. Normally, Applicants will receive the decision on acceptability of their proposals within 30-45 days following the acceptance by the TTF of submitted Application documentation via the TTF Portal.

To apply for TTF services, please register on the TTF Portal.

For any questions regarding the TTF Program, you can write at TTF@inovacionifond.rs.