Visayas State University signed a memorandum of agreement with the Philippine Chamber of Commerce and Industry (PCCI) and Southern Leyte Chamber of Commerce and Industry (SLCCI) to fast track the translation of technologies developed by the university into commercial products in the market.

This was made possible via the Technology Business Incubator (TBI) program which hosts micro and small business startups and offers basic services on business development.

The MOA was signed by VSU President Edgardo E. Tulin, PCCI President Eugene A. Tan, and SLCCI President Epifania C. Sy.

Standing as witnesses were Vice President for Research and Extension Othello B. Capuno, PCCI Executive Director Manuel L. Calero, and SLCCI Executive Director Jerome P. Nobleza.

In his closing remarks, Dr. Tulin said that he aims for VSU products to be able to compete globally:

“VSU is really, we are really trying our best...to establish a model for technology business incubators not only in the Philippines but actually maybe we can gain attention outside of the country.”

“We are establishing a model system that can be contextualized to other localities in Asia or ASEAN region. So, we just have to develop products where we can be proud to say that this is a product of TBI and VSU, and this has gained success in the market,” he said. “I hope this partnership will continue to bloom and we will produce in the near future, product that we can be proud of as a result of this partnership,” he ended.