This spring, the IC2 Institute launched its three-month Advanced Commercialization Training program at Bilkent University Cyberpark in Ankara, Turkey. Supported by the U.S. Dept. of State’s Building Opportunity Out of Science and Technology (BOOST) Program, the Practical Technology Commercialization Program brought student teams together to assess the market value of technologies developed at Turkish research institutions and ready these for commercial opportunities both in and outside Turkey through networking. The Institute sent trainers, including legal experts, to Turkey for Phase 1 training. The winning team of this competitive training, Nanobiz, visited Austin in July for an intensive week of practical commercialization training.
Nanobiz brought their product “Milk Check” to Austin. Milk Check is a paper-based bio sensor used to determine the effectiveness of the milk pasteurization process. The team met with representatives from all aspects of the milk production chain – dairy men, regulators, and distributors – who helped Nanobiz define a unique marketing niche in the milk value chain for their product, which opened potential for sales in the United States. Further opportunities for the Milk Check product were also identified in Europe and Central Asia.