The wbo(world business organization ) has officially announced the establishment of the “Innovation, Technology Transfer & Smart Trade Fund” (FITTF Fund), aiming to strengthen digital trade infrastructure and accelerate technology transfer.

With a strategic approach, this fund will act as a new driving force for innovation ecosystems among members of the wbo(world business organization ). The core mission of the FITTF is to empower knowledge-based enterprises, support market-oriented startups, and create secure platforms for digital trade through emerging technologies such as artificial intelligence, blockchain, and cybersecurity.
“The FITTF Fund is not merely a financial entity; it is a comprehensive ecosystem designed for synergy between universities, science and technology parks, and major players in international trade,” the statement noted. Utilizing a multi-layered governance structure, including the “High Council for Innovation & Digital Transformation” and the “Technology Risk & Assessment Committee,” the fund ensures that all investments are guided by rigorous Technology Readiness Level (TRL) assessments and risk-return evaluations.
The financial resources of the fund are secured through a sophisticated mix of organizational R&D budgets, joint investments with global innovation funds, and the acquisition of international technology development grants. By establishing this fund, the wbo(world business organization ) has taken a significant step toward bridging the technological gap among its members and providing a sustainable platform for the commercialization of innovations in global markets.
This initiative is expected to strengthen the competitive advantage of member companies in the modern era and usher in a new chapter of technological cooperation on the international stage.