UMT targets RM2.7 million

Tuesday, 15/11/2022

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Universiti Malaysia Terengganu (UMT) has set the target of RM2.7 million of income for the year 2022.

The amount will come from the commercialisation of final products that have been patented through UMT’s start-ups and from collaborations with industry partners.

UMT Vice Chancellor Prof. Dato’ Dr. Mazlan Abd Ghaffar said the university currently owns about 600 intellectual properties.

“For 2022, UMT has successfully registered 106 intellectual properties where 81 were registered as properties, 17 as trade secrets, 3 as registered patents, and the rest as other types of intellectual properties.

“The 600 intellectual properties comprise patents, industry copyrights, innovative utilities, trademarks, and trade secrets.”

He said the products need to be marketed to reduce dependencies on government’s funds.

“The effort to boost commercialisation activities is needed to help the university earn incomes to handle management cost and reduce reliance on the government.

He said UMT has also signed a memorandum of understanding (MOU) to collaborate with several companies to boost commercialisation activities.

“Today, UMT’s Innovation and Commercialisation Centre (ICC) that is responsible for commercialisation of intellectual properties is signing an MOU with Khadijah International Waqf (L) Foundation (KIWF) to market honey-based products produced by UMT experts,” he said in his speech during the signing ceremony at UMT’s campus in Kuala Nerus.

“With the signing of the MOU with KIWF, UMT looks forwards to a having close working relationship to raise funds for commercialisation of other products as well, such as polychaete, artemia, horseshoe crabs.

During the ceremony, Prof. Mazlan announced that UMT has received a fund totalling RM143,000.00.

“KIWF and UMT researchers have obtained the fund from Felda Berhad for their first project, which involves pollination of palm trees using stingless bees. This is a one-year project,” he said.

Published by:

Corporate Communications Office
Universiti Malaysia Terengganu

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INOVASI UMT JADIKAN KELULUT EJEN PENDEBUNGAAN MELON MANIS...

UMT, UBH JALIN KERJASAMA SERANTAU BIDANG PERIKANAN DAN...

UMT Diiktiraf Pensijilan ISO 9001:2015 Thursday, 09/08/2018 Share...

PROFESIONAL BIDANG SAINS DAN TEKNOLOGI MAKANAN DAN AGROTEKNOLOGI...

UMT TINGKATKAN HASIL TUAIAN USAHAWANTANI MELALUI PRODUK BAJA...

UMT BUKUKAN WARISAN TASIK KENYIR Wednesday, 01/08/2018 Share...

KOLABORASI PELAYARAN SAINTIFIK UMT DAN STATE OCEANIC ADMINISTRATION,...

UMT Tuan Rumah Karnival STEM 2018 Wednesday, 25/07/2018...

Kuda Laut UMT Tambah Rezeki Komuniti Besut Tuesday,...

RHB Islamic Endowed Scholar In Finance di UMT...

UMT dan CCM Polymers Sdn Bhd Jalin Kolaborasi...

UMT dan BERKAT Celebrate Iftar with Students Saturday,...

Ramadan 1439H@UMT Monday, 21/05/2018 Share This Article :

UMT Embrace Silver Medal In Conjunction with Belt...

UMT won 3 awards in National Book Award...

UMT won Best Journal Article (Science, Technology &...

UMT comes first runner-up in MyAgrosis Cup 2018...

UMT seized 30 Golds from MPI 2018 Thursday,...

Successful KPTN 2018 UMT! Sunday, 25/03/2018 Share This...

UMT Vice-Chancellor Flaming Aspiration for 2018 Monday, 19/02/2018...

Setiu Wetland, Terengganu’s Hidden Gem Tuesday, 13/02/2018 Share...

“Floating Breakwater” bring benefit to Mengabang Telipot community...

2018; UMT keep Soaring Upwards! Monday, 01/01/2018 Share...

UMT Bolot Tiga Anugerah di SIIF 2017 Sunday,...

Program “V-CARE, V-CONCERN FREE MARKET FOR NEEDY” Sunday,...

9 Sekawan Pegawai UMT Terima Ijazah Sarjana Saturday,...

Mahasiswa UMT Sumbang Bakti Bersama Komuniti Kg. Pantai...

MyREN-X Inisiatif Kerajaan Perkasa Pendidikan Masa Hadapan Monday,...

PECIPTA 2017; Manifestasi Konsep Translasional Sunday, 08/10/2017 Share...

Majlis Anugerah Tahunan 2017 UMT Meriah! Sunday, 01/10/2017...

STUDIO AL-QURAN ULUL ALBAB; PERTAMA DI BUMI ULUL...

UMT & CTI-CFF Rungkai Potensi Terumbu Karang Buatan...

Selamat Datang Pelajar Baharu UMT Sesi 2017/2018 Wednesday,...

“NEGARAKU SEHATI SEJIWA” Diterjemah Warga UMT Melalui Hari...

KONVENSYEN PEMIMPIN MAHASISWA KEBANGSAAN 2017 ‘MAHASISWA KE ARAH...

Pameran Antarabangsa “Rahsia Ikan Lut sinar” Wednesday, 16/08/2017...

Sea Horse & Horseshoe Crab Translational Research Project;...

GLOBAL TOURISM CONFERENCE 2017 PEMANGKIN EKONOMI GLOBAL Thursday,...

SATREPS – COSMOS RESEARCH LABORATORY Tuesday, 11/07/2017 Share...

Syawal 1438H dirai meriah Sunday, 02/07/2017 Share This...

Ramadan Membawa Rahmat kepada Pelajar Baharu UMT Wednesday,...

Ramadan bulan penuh rahmat dan keampunan Wednesday, 31/05/2017...

Karnival WOW 2017 UMT Meriah di Teluk Ketapang...

Sambutan World Ocean Week 2017 Lebih Meriah Thursday,...

UMT wins big at National Book Award 2017...

UMT Giat Usaha Lindungi Hidupan Marin Thursday, 27/04/2017...

UMT leads the way winning 4 awards in...

‘Young Motivator Competition’ (U-Mac) helps Public Speaking skill...

Felicitaciones (Congratulation)! Thursday, 30/03/2017 Share This Article :...

UMT in LIMA ’17; Exuberant! Wednesday, 29/03/2017 Share...

EMAC UMT Anjur Balloon X Charity Run Kumpul...

Majlis Apresiasi Media 2017 tanda penghargaan UMT kepada...

UMT Fokus Penyelidikan Translational untuk Manfaat Komuniti, Negara...

UMT Lancar Program 2u2i Sarjana Muda Perakaunan dan...

Commonality and Collegiality unites UMT and UniSZA in...

UMT Sailing Team participate in the 15th Royal...

UMT & Celcom Axiata Berhad work hand-in-hand for...

UMT Vice-Chancellor Received Honorary Awards from Swansea University...

UMT appoints Prof Dr Nora aini as the...

UMT Giat Usaha Lindungi Hidupan Marin Tuesday, 02/05/2017...