Innovation Partnership Forum-2023Economy
Ulaanbaatar, June 6, 2023 /MONTSAME/. Innovation Partnership Forum-2023 was held yesterday at the Mongolian National Chamber of Commerce and Industry. At the exhibition of innovative products, created by Mongolian scientists, researchers, and engineers exporting products were on display, including fertilizer made of sheep wool by "Monpellets" company, "Yanztai" beef bone broth by "STS Foods", which is already familiar to local consumers, and electric appliances of "Ekhlel" brand.
"Monpellets" company is expanding its foreign market by exporting its sheep wool fertilizer to the United States in addition to Germany while the "Yanztai" bone broth is being exported for the first time.
Manager of "STS Foods” G. Bat-Ochir said, "Our company was established in 2017. We changed our status to a startup company in 2021 and today, we are producing 6 types of packaged
products.” With the introduction of
international ISO 9001 and NASAP standards, the company will make its first export to South
Korea in September, and the
next export destination will be
the Republic of Buryatia of the Russian Federation.”
"According to the Innovation Law, the start-up status of a company is a guarantee of advantages for promoting the company's activities, including tax relief and various benefits," said G.Bat-Ochir.
Via International Quality & Productivity Center (IQPC), Vietnam and the Philippines have expressed their interest in purchasing the company's products, and the cooperation has already begun.
The company “Garaani Bio Uvidas” under the Institute of Biology of the Mongolian Academy of Sciences presented its technological solution for preparing eco-friendly soil and its processing of the accumulated sludge of Erdenet City's sewage treatment plant, and "Sevshee Eco" company displayed air circulation equipment, developed by national engineers and manufacturers and producing it domestically.