Exposure of Industries to Scientists' Achievements, a major STEP taken by MSTF’

04 Dec. 2018

MSTF Media reports:

EISA stands for Exposure of Industries to Scientists' Achievements. 25 companies have showcased their cutting-edge products in a wide range of fields, from medicine to ICT. According to MSTF, the event, as its title also suggests, is aimed at linking investors to the scientists’ products with the ultimate goal of commercializing brand-new products that can benefit the wellbeing of societies. Chief Executive Officer of Oman Technology Fund, Yousuf al-Harthy, visited the exhibition on Monday and discussed with the exhibitors about their project.

1. am very pleased to see the variety of technology that is being presented here from various countries. Most of the projects revolve around human development, Medical Technology, food technology, clean energy and nanotechnology. All of them are capable of solving many of the challenges the world faces today. It is a testimony of where the countries of the region have reached," said al-Harthy.

When asked on the areas of potential investment, the OTF chief said, nanotechnology as well as diagnostic technology. "More so the patent we saw from Sultan Qaboos University using nanotechnology for desalination. We think there is a lot of room and scope for that”.

The exhibit includes B2B meetings, where investors and exhibitors can meet face to face and have the chance to discuss key issues on how to commercialize the products.

It is the second time MSTF holds the EISA fair in parallel with STEP forum. The first edition was held in the 3rd STEP in 2017 in Tehran where 25 exhibitors from Islamic countries, such as Egypt, Indonesia and Turkey put on display their products to attract investment.

This year’s EISA will run until the end of the 4th STEP on December 5th.