Promotion of Technology
Technology innovation is the process through which new (or improved) technologies are developed and brought into widespread use. In the simplest formulation, innovation can be thought of as being composed of research, development, demonstration, and deployment, although it is abundantly clear that innovation is not a linear process. SMEs need to improve their products through use of innovated technologies in production. Technology Developers and SIDO Technology Development Centres (TDCs) are provided with various supports to improve/innovate technologies they are producing so as to support SMEs business. On other hand SIDO supports innovation system through technology incubation, industrial cluster, fiber innovation centre etc. Technologies which have been improved are displayed in the web portal so as to be accessed by SMEs.