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PROSPECTING BUSINESS FROM COMMERCIALIZING INNOVATION Public Private Partnerships and Innovation.

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Presentation on theme: "PROSPECTING BUSINESS FROM COMMERCIALIZING INNOVATION Public Private Partnerships and Innovation."— Presentation transcript:

1 PROSPECTING BUSINESS FROM COMMERCIALIZING INNOVATION Public Private Partnerships and Innovation

2 Cotton: Multiplying cash crop National Center of Excellence in Molecular Biology, University of the Punjab. Cotton Variety: MNH-93 transformed with a single BT gene prepared Estimated market potential: $59 million MOUs already signed with a multinational to import of BT cotton and another to grow seed on 800 acres Investment: US$ 375,000 ROI in 5 th year: 600% Payback: 2.15 years

3 Vaccine for Mastitis Control Faculty of Agriculture and Technology 20% of animals affected Initial investment: US$370,000 Currently, it is only imported Lab costs: US$1 per dose, which would be US$ 0.5 per dose when commercialized ROI in 5 th year: 160% Payback: 3.5 years

4 University Boom Sprayer Conventional spray mechanisms do not reach out to 90% areas of cotton plants affected by virus This Sprayer covers the plant entirely- from top to bottom Initial investment: US$187,000 Per Unit Price: PKR120,000 Market Size: US$ 100 million (67,ooo tractors in cotton growing areas) Payback: 3.27 years

5 University-Industry Partnership: A Case Study Locally manufactured organic fertilizer MOU between Government College University, RL Enterprises (Pvt) Ltd. Role of Agribusiness Support Fund in sharing basic R&D costs Out of current demand of 1.2 million of DAP fertilizer, two third is currently imported This would make available fertilizer at Rs250 per bag, whereas current DAP price is Rs3,200 per bag


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