Assembling AdUNEST for Falcons

Date Posted: November 20, 2020 at 03:09 PM


The University continues to soar high in technology commercialization after securing a DOST grant for its project Establishment of Adamson University Technology Business Incubator for Neo-Environmental Science and Technology (AdUNEST).

Engr. Noe Enriquez, Head of IP Commercialization of the AdU Innovation and Technology Support Office (ITSO), who leads the project described AdUNEST as a two-year program focused in reinforcing the University’s support system for exemplary researches to be fully commercialized, given the University’s Technology Transfer Office (TTO) is still not capable of sustaining several students’ and researchers’ innovation proposals under the said field of study.

“The said office does not have a conducive work space, fab labs, and a rigorous program to help them turn their ideas into market-ready products/service. Thus, an establishment of Adamson University Technology Business Incubator for Neo-Environmental Science and Technology (AdUNEST) is needed,” he wrote in the proposal sent to the Department of Science and Technology (DOST).

With regards to the issues mentioned, AdUNEST will advocate for promotion and development of innovation and start-up companies and communities in the University and later, the National Capital Region (NCR).

“The AdUNEST incorporates modern and free-working space available to students and researchers to help their innovative minds and ideas into tangible outputs. Also, it provides a comprehensive program to help in commercialization and overcome problems faced by start-ups and spin-offs,” Engr. Enriquez also mentioned in the proposal.

The project attempts to create jobs by strengthening the innovation and start-up community; build an entrepreneurial environment for University stakeholders; enhance the University’s image as an entrepreneurial institution; support incubatee’s successful commercialization through AdUNEST with complete facilities services and comprehensive program package; and support incubatees’ successful commercialization through AdUNEST with complete facilities services and comprehensive program package.

AdUNEST recaps Technology Business Incubators’ value especially in nations with developing economies, and less-developed countries, encouraging researchers and inventors to pursue innovation with entrepreneurship – a testament to the project’s aspirations. It will also try to curb the sustainability of incubated businesses by focusing on its purpose and outcomes, funding, and sufficiency of the qualified manpower beyond DOST’s assistance duration.

Services the AdUNEST will cater are expected to include logistical or physical services; shared business services and equipment; financing and accounting consultation; marketing assistance; professional business service and business etiquette; management and human resource assistance; information technology and e-commerce; and legal services.