UN Technology Bank, the TUBITAK and the USIMP partner to facilitate access to technology for least developed countries

Ankara – UN Technology Bank today signed a Memorandum of Understanding (MoU) with the Scientific and Technological Research Council of Turkey (TUBITAK) to support the international efforts to facilitate access to technology and to improve the science, technology, and innovation (STI) capacity development for the least developed countries (LDCs). University and Industry Collaborations Centre Platform (USIMP) will also be a signatory to the MoU.

Science, technology and innovation are enablers of development, the UN Technology Bank as the focal point on STI for LDCs assists them in improving the utilization of scientific and technological solutions and promotes their integration into the global knowledge-based economy.  

TUBITAK as the leading agency for management, funding, and research in Turkey; has been authorized by the Government of the Republic of Turkey to provide financial assistance if appropriate to the UN Technology Bank’s initiatives that help LDCs to technological transformation their economies to meet the goals and targets of the 2030 Sustainable Development Agenda.

The MoU provides a framework for the cooperation between the UN Technology Bank, TUBITAK and USIMP in supporting the development projects and activities to promote access to technologies, including the first initiative of developing and implementing applicable models for the establishment of technology transfer offices (TTO) in the selected LDCs. 

The three organisations plan to cooperate on developing awareness and educational tools to promote global technology access and explore methods to utilize the experience and expertise related to the technology’s assessment, deployment, adaptation and implementation, and related capacity building activities.

“This new collaboration between the UN Technology Bank for LDCs, TUBITAK, and USIMP will promote technology transfer and accelerate technological development through different projects in LDCs. The success of the three organizations' projects and initiatives will contribute to the achievement of Sustainable Development Goals,” said Joshua Setipa, UN Technology Bank’s Managing Director.

“Through this new collaboration mechanism; the cooperation of TUBITAK and the UN Technology Bank will be strengthened, and Turkey’s contribution to the Sustainable Development Goals will be improved via new projects and cooperation mechanisms performed under this Memorandum of Understanding,” said Prof. Dr. Hasan Mandal, President of TUBITAK.

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