Sri Lanka, Oct. 10 -- The University of Moratuwa is shifting gears in innovation and commercialization through the University Business Linkage Center (UBLC).

UBLC was initiated with a University Grants Commission Circular and is funded by the World Bank for a few years through the AHEAD (Accelerating Higher Education Expansion and Development) project.

The UBLC Operations Committee will look to help commercialize projects that have been evaluated to have a potential for commercialization. The Projects that are selected to be commercially viable will be given incubator facilities to run their business startups for a few years.

The Center has a Patent and Technology Transfer Office (PTTO) and a Startup Incubator. PTTO will help with patent...