On October 3 MSU Vice President for Planning and International Relations Associate Professor Dr. Nathanon Trachoo chaired a meeting of the board of the MSU University Industry Cooperation Center (MSUIC) to jointly consider funding project proposals submitted by various MSU faculties/departments. Twenty submissions were considered for the allocation of a total of seven hundred thousand baht in funding with one hundred thousand baht to be provided for each of seven selected projects.
The multi faceted MSU Industry Cooperation Center provides many kinds of assistance in the development of products and/or enterprises originating from MSU students, faculties or departments towards a final goal of establishing a successful business. Commonly referred to as the MSU business incubator, the MSUIC not only provides financial aid, it also provides information linking private enterprise, government departments and research facilities.
Many projects funded and developed with the assistance of the MSUIC are aimed towards community development through value adding to existing products, innovation of existing products and commercialisation of new products developed from existing community produced raw products.
Seven project proposals are to receive funding as a result of the board meeting. Some of the successful projects include the development of household textiles from bamboo, tooth floss from natural products, medicinal herbal compresses and herbal extract rice crop pest removal products.
congratulations to all the seven companies!
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