TransTech Capital LLP (TTC) and AzerbaijanState University of Economics (UNEC)sign Memorandum of Understanding
TransTechCapital (TTC) and Azerbaijan State University of Economics (UNEC) havesigned a Memorandum of Understandingfor the creation of an exemplary technology transfer function at UNEC.
TTC will assist UNEC with the development and implementation of its intellectual property commercialisation strategy and processes.
Aydin Huseynov, Technology Transfer Centre Director commented: “We are delighted to have agreed this MoU with TransTech Capital. They bring considerable international expertise in technology transfer, commercialisation and venture funding”.
TTC Partner Simon Robeson commented: “We very much look forward to helping UNEC with its intellectual property comercialisation strategy. Azerbaijan is truly a country of opportunity. Given the strength of institutions such as UNEC and Government investment in skills development through events such as the European Games, we are delighted to have been provided with this opportunity to contribute to this young nation’s exciting potential.”
About TransTechCapital LLP (“TTC”)
TTC is a venture capital advisory and investment firm and part of the award winning MTI Partners technology investment group, which has been embedded in the technology commercialisation sector since 1983.
In the course of its advisory and investment activities, Team members have invested in and nurtured over 100 technology businesses. TTC’s advisory team has considerable experience of technology transfer and commercialisation which includes technology research, development, due-diligence, investment and exits. In the course of its investment activities, the Team has worked with many of the world’s leading universities Technology Transfer Offices.
TTC is focussed on transferring its technology commercialisation, due-diligence and venture funding expertise to academic institutions and corporations in Azerbaijan in its pursuit of non-oil based GDP growth.
For more information on TransTech Capital LLP’s activities in Azerbaijan, please contact: Simon Robeson, TransTech Capital LLP:
UK Tel +44 (0)1207 591 397
UK Fax +44 (0)1207 590 124
Azerbaijan Cell 0503 734742
UK Cell +44 (0)7885 680 237