TechCom Ventures Sdn Bhd, Vel Tech Technology Hub, and AIER Sign Tripartite Memorandum of Understanding to Foster Innovation and Collaboration

Kuala Lumpur, Malaysia — 31 March 2025 — TechCom Ventures Sdn Bhd, Vel Tech Technology Hub, and the Association of Innovative Educational Research (AIER) proudly announce the signing of a landmark Tripartite Memorandum of Understanding (MoU), marking a strategic partnership aimed at advancing innovation, entrepreneurship, and educational research across borders.

The MoU formalizes a collaborative relationship among the three organizations, focusing on mutually beneficial initiatives that leverage each party’s strengths to promote technology commercialization, capacity building, and innovative start-up ventures.

Key Objectives of the MoU include:

Establishing a Collaborative Relationship: Outlining the terms under which TechCom, AIER, and Vel Tech TBI will work together towards fostering business relationships and joint initiatives.

Promotion of Services:Vel Tech TBI commits to promoting the services provided by AIER and TechCom, enhancing awareness and engagement within their respective networks.

International IP Commercialization and Start-up Ventures:TechCom aims to promote the commercialization of intellectual property and support start-up ventures of Vel Tech TBI beyond India, opening new markets and opportunities.

Incubation and Capacity Building:The Parties will collaborate on incubation platforms to strengthen capacity building and explore cross-licensing opportunities, fostering innovation ecosystems.

Defining Rights and Responsibilities:Clearly establishing the rights, duties, and liabilities of each Party arising from this partnership.

Mutual Collaboration Framework:Setting clear boundaries and limits to ensure a productive and sustainable collaboration.

The Parties are optimistic about the prospects of this partnership and look forward to a fruitful collaboration that will drive innovation, support start-ups, and enhance educational research globally.

About TechCom Ventures Sdn Bhd
TechCom is a private limited company incorporated in Malaysia with the principal business activities in the provision of innovation management, technology transfer, entrepreneurship development, intellectual property management and capacity building activities to promoting technology commercialisation and cross-border collaboration.

About Vel Tech Technology Hub
Vel Tech TBI is a renowned business incubator in India and is associated with
various start-ups.

About the Association of Innovative Educational Research (AIER)
AIER is is a nonprofit organisation (NPO) committed to promoting
strategic, 
secure, and sustainable technology transfer practices that foster safe research across the
industry, academia, and government ecosystem.

Together, we are shaping the future of innovation and education.