In an article posted by Sunstar.com, local inventions were showcased in the exhibit of Department of Science and Technology during the Mindanao Business Conference (Minbizcon) at Xavier Sports and Country Club in Cagayan de Oro City last September 8, 2017.
According to the DOST-Northern Mindanao Regional Director Alfonso Alamban, there are approximately 59 investors who joined the activity wherein food related inventions got the most number of interested investors.
Such inventions include pelletizing machine for goat feeds, a modified handloom the weaving machine, ready-to-eat Arroz Caldo, a calamansi oil extractor, and a biotech enzyme, among others.
Alamban added that the next step would be the negotiation with investors who will get recommendations and advice from panel experts with the pricing of their inventions.
DOST has been implementing programs and policies to facilitate a more proactive technology transfer system, such as programs in Technology Transfer Protocol, and the Intellectual Property Policy.
On the other hand, the Oro Chamber President Robertino Pizzaro said that the Minbizcon was a success up until the last day with the support of many sponsors and partners despite the ongoing conflict in Marawi.