FEU Tech opens first Innovation Center in U-belt
Posted: February 22, 2019
Innovation Center OIC Engr. Mylene Gomez, FEU President Dr. Michael Alba, FEU Tech Board of Trustee Arthur Tan, FEU Vice President for Corporate Affairs Atty. Gianna Montinola, FEU Tech Senior Executive Director Dr. Benson Tan, and Nanotronics Inc. CEO Dr. Jerome Palaganas.
FEU Institute of Technology has officially opened its Innovation Center, the first in the university belt, envisioned to be a venue for students to turn their ideas into profitable ventures with the help and guidance of industry experts.
Senior Executive Director Dr. Benson T. Tan explained that this facility was built in line with FEU Tech’s mission to produce students who will bring significant contributions to the society.
“The Innovation Center will be available to students and faculty members who want to showcase their researches and product ideas,” Tan said.
Spanning 1,170 square-meters, the hub situated at the 5th floor of the Tech Building along Nicanor Reyes Street, houses 14 specialized function rooms equipped with the latest tech learning tools. It also offers a 360-degree support program for projects with commercial potential and significant societal impact.
The Center will serve as a think-tank and incubation center for business ideas. Project proposals will undergo market validation, product development and pretotyping, and intellectual property and management assistance to ensure maximized commercial potential and competitive Technology Readiness Level (TRL).
Industry experts and successful innovators will also be invited to give students encouragement, guidance, and support. They can also choose a group to mentor and even give financial support to.
Guest speaker and FEU Tech Board of Trustee Arthur R. Tan echoed the importance of the collaboration between the industry and academe, “The academe has really, really good ideas but the challenge is always how do we bring it from an idea to a prototype to a commercial product.”
“Our help is that we provide subject matter experts and we also mentor them to make sure that the plan and execution is done right,” he said.
Learn more about the Innovation Center by calling 281-8888 loc. 135 and look for Engr. Mylene Gomez.