Company Profile:
STEDEC Technology Commercialization Corporation (Pvt) Ltd.
STEDEC Technology Commercialization Corporation (Pvt) Ltd. is a public sector company operating under the Ministry of Science & Technology, Government of Pakistan.
Regarding its business type, STEDEC is neither a factory (manufacturer) nor a traditional trader (reseller of goods). Instead, it functions as a technology commercialization and transfer corporation. Its primary mandate is to bridge the gap between research and development (R&D) institutions and industry, facilitating the commercialization of indigenous technologies and the transfer of foreign technologies to Pakistan.
STEDEC's core activities include:
Identifying and assessing promising technologies developed within Pakistan's R&D organizations.
Marketing these technologies to potential investors and businesses for commercial exploitation.
Facilitating technology licensing, joint ventures, and incubation of technology-based enterprises.
Assisting local industries in acquiring and adapting relevant technologies.
Promoting innovation and industrial growth through strategic technology interventions.
In essence, STEDEC plays a crucial role as a catalyst for technological innovation and economic development in Pakistan, acting as an intermediary that transforms scientific breakthroughs into marketable products and services, rather than being a direct producer or vendor itself.