A PROJECT CONNECTING RESEARCH AND EXTENSION Prof. Saeed Mwaguni, PhD, MISDS, FASI Director, Institute of Research, Innovation and Extension;
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1 A PROJECT CONNECTING RESEARCH AND EXTENSION Prof. Saeed Mwaguni, PhD, MISDS, FASI Director, Institute of Research, Innovation and Extension; Technical University of Mombasa, Tom Mboya Avenue, P.O. Box Mombasa-Kenya
2 TECHNICAL UNIVERSITY OF MOMBASA A BRIEF INTRODUCTION Started as the Mombasa Institute of Muslim Education (MIOME), 1948 Became Mombasa Technical Institute (MTI), 1966 Transited to Mombasa Polytechnic, 1972 Elevated to Mombasa Polytechnic University College (MPUC) under the mentorship of Jomo Kenyatta University of Agriculture and Technology, 2009
3 TECHNICAL UNIVERSITY OF MOMBASA A BRIEF INTRODUCTION It got its charter as Technical University of Mombasa (TUM), 2013, It is one of the newly established Technical Universities in Kenya to promote TVET in addition to the regular courses We a student population of about 9,000 The TUM comprises The Faculty of Engineering and Technology The Faculty of Applied and Health Sciences School of Business
4 TECHNICAL UNIVERSITY OF MOMBASA A BRIEF INTRODUCTION School of Humanities and Social Sciences Institute of Computing & Informatics We also have Directorates
5 TECHNICAL UNIVERSITY OF MOMBASA A BRIEF INTRODUCTION The Directorates are: Institute of Research, Innovation and Extension Performance Contracting & Quality Management Systems Academic Quality Assurance ICT TVET
6 INSTITUTE OF RESEARCH INNOVATION & EXTENSION Falls under the DVC Academic, Research & Extension Operationally, it is run by a Director Its main mandate is to coordinate research, innovation and extension activities in the University It is here that we promote transition of projects from research to extension
7 INSTITUTE OF RESEARCH INNOVATION & EXTENSION Under the above mandate, IRIE announces for: Calls for research proposals for funding with university resources & facilitates competition for external funds; We support our staff & student participation in conferences & publication of their works
8 We take advantage of these events to market our academic programmes
9 OUR STUDENTS INNOVATIONS We have since the year 2010 lodged 21 student ideas for patenting and copyrighting; The latest of such include: An innovation that can help Save power in our streets; Poseidon Pump (God of Water) Pump
10 OUR STUDENTS INNOVATIONS.while the most developed, i.e. transiting from idea to prototype and product in the market is the: Torque Controller developed by a student from electrical and electronics engineering; The student has registered his Company; LETS NOW TURN TO THIS SUCCESSSTORY
11 TORQCO PRESENTATION TORQUE CONTROLLER-KENYA LTD
12 Introduction Torque Controller-Kenya ltd is an industrial solutions company TORQCO is used to protect induction motors in industries Customers-Manufacturing and processing industries
13 Problems/Opportunity When fluctuating and unstable power is subjected to machines in industries, it leads to: high power consumption, early machine failures, and rapid wear and tear rate.
14 Solution-TORQCO Stabilizing power Reducing energy consumption Increasing machine lifespan
15 Market size in Kenya Current clients market size (76 factories) 12,000 units. Kshs. 720 Million Estimated Kenyan market size units. Kshs. 15 Billion
16 Demo
17 TORQCO A panel of four 30hp TORQCO equipment driving a Mc-Loy drier in a KTDA managed factory.
18 Value proposition Reducing cost of production by 8.5 % Reducing machine downtime due to failures by 75%
19 Competitors
20 Revenue model One time sales Maintenance and service fee General installation
21 Traction In two (2015/2016) years we have sold 76 units worth over 5 Million shillings in sales revenue. Current clients
22 Customer remarks We saved 1 million in 5 months using TORQCO Litein tea factory Ltd The breakdowns have greatly reduced -Rift Flour Mills Ltd Nil breakdown on the CTC line as before and power consumption also went down - James Finlays (K) Ltd report on TORQCO.
23 Market strategy Our prices are based on cost of production and, cost benefit analysis We use sales engineers and agents to get to the market We use referrals,networking and demonstrations to get known
24 Strategic partnership Partnership with Kenya power No torqco law suits worth 400million year-kplc No law suits
25 During the 2015 Nairobi international trade fair where we were hosted by Kenya power to sensitize their clients on the advantages of TORQCO to machines as an industrial development initiative
26
27 Technical University of Mombasa Institute of Research, Innovation and Extension (IRIE) Prof. Saeed Mwaguni, Director, IRIE
28 Thank you Tel no: address: Website:
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