IFIA 49th Executive Committee Meeting Held on August 2024

August 2024– The International Federation of Inventors’ Associations (IFIA) successfully convened its 49th Executive Committee Meeting, during which a significant proposal was discussed:

1. IFIA Activities Report 2023.
2. IFIA Financial Report 2023.
3. Review Five Request of IFIA Membership.
4. Report of IFIA Signing of MOU with Partners.
5. Revival of the IFIA European network under the management of Herbert Boos, the president of the German Inventors Association.

1. IFIA Activities Report 2023

The committee reviewed the comprehensive IFIA Activities Report for the year 2023. The report highlighted the various initiatives and programs undertaken by IFIA to promote innovation and support inventors worldwide. Key accomplishments included successful international exhibitions, educational workshops, and the launch of several new initiatives aimed at fostering collaboration among member organizations.

The committee acknowledged the efforts made in expanding IFIA’s reach and impact across different regions. The activities were aligned with IFIA’s strategic goals, contributing significantly to the promotion of innovation on a global scale.

Decision: The report was unanimously approved by the committee.

2. IFIA Financial Report 2023

The IFIA Financial Report for 2023 was presented, detailing the organization’s financial performance over the year. The report included income and expenditure statements, budget allocations for various projects, and an analysis of financial sustainability. The financial performance was found to be stable, with all activities being executed within the approved budget.

The committee discussed the importance of maintaining a robust financial structure to support future initiatives and agreed on the need for continuous monitoring of financial health.

Decision: The financial report was approved with a recommendation to explore additional funding opportunities to support upcoming projects.

3. Review of Five Requests for IFIA Membership

a. The South African Local Government Association. (CORRESPONDING MEMBER)
b. Leaders Foundation for Administrative Sciences and Development. (CORRESPONDING MEMBER)
c. Merit Nate Foundation for Sustainable Development. (CORRESPONDING MEMBER)
d. College of International Transport and Logistics at the Arab Academy for Science, Technology and Maritime Transport. (CORRESPONDING MEMBER)
e. The RIT Innovation & Artificial Intelligence Research & Consultancies CO. L.L.C. (FULL MEMBER)

The committee reviewed six new membership requests submitted to IFIA. Each application was evaluated based on the organization’s alignment with IFIA’s mission, their contributions to the innovation ecosystem, and their potential to actively participate in IFIA activities.

After thorough discussion, the committee approved four of the five requests.

Decision: Five new members were approved.

4. Report on IFIA Signing of MOU with Partners

a-Vietnam, India Partner to Foster Innovation Ecosystem

b- In an innovative and disruptive initiative by the IFIA-ABIPIR LATAM Office, the “Brazil-China Cooperation Hub

c- IFIA Bharat and Posspole Unite to Boost India’s Innovation

The committee was briefed on the recent signing of Memorandums of Understanding (MOUs) with several strategic partners. These partnerships aim to enhance collaboration in areas such as innovation promotion, intellectual property management, and technology transfer.

The MOUs were signed with organizations across different regions, reflecting IFIA’s commitment to building a global network of partners. The committee emphasized the importance of these partnerships in achieving IFIA’s long-term goals.

Decision: The report was noted, and the committee expressed support for continuing to establish and strengthen partnerships.

5. Revival of the IFIA European Network

A proposal was presented to revive the IFIA European Network under the management of Mr.Herbert Boos, the president of the German Inventors Association. The network aims to reinvigorate collaboration among European inventors’ associations and enhance the visibility and impact of IFIA in Europe.

The committee discussed the strategic importance of this initiative and the potential benefits it could bring in terms of increased cooperation, shared resources, and unified representation of European inventors.

Decision: The proposal was approved, and Herbert Boos was appointed to lead the revival of the European Network. The committee will monitor progress and provide support as needed.

Participants

The meeting saw active participation from IFIA’s esteemed Executive Committee members, including:

Voting Members:

• Mr. Avdo Halilovic / Bosnia and Herzegovina
• Dr. Marcelo Vivacqua / Brazil
• Ms. Guo Yan / China
• Mr. Zaran Barisic / Croatia
• Mr. Lukas Zmeskal / Czech Republic
• Dr. Mahmoud Hafez / Egypt
• Mr. Winfried Sturm / Germany
• Mrs. Elinora Inga Sigurdardottir / Iceland
• Mr. Hossein Vaezi Ashtiani / Iran
• Mrs. Traiza Jasim Ridha / Iraq
• Ms. Megaria Augstina / Indonesia
• Dr. Yahya Abdal / Kuwait
• Mr. Radwan Chouaib / Lebanon
• Prof. Augustine S. H. Ong / Malaysia
• Prof. Kareem Tahboub / Palestine
• Mrs. Agnieszka Mikołajska / Poland
• Dr. Adnan Al Naimi / Qatar
• Dr. Andrei Victor Sandu / Romania
• Prof. N. M. S. Sirimuthu / Sri Lanka
• Mrs. Kemoneiloe Kim Phatoli / South Africa
• Mr. Hyowon Jeon / South Korea
• Mr. Carlos Rodriguez / Sweden
• Ms. Caroline Simonet / Switzerland
• Prof. Dr. Unchalee Sanguanpong / Thailand
• Mr. Matt Nuccio / USA

Conclusion:

The 49th IFIA Executive Committee meeting concluded with all agenda items being successfully addressed. The decisions taken during the meeting are expected to significantly contribute to IFIA’s ongoing mission of fostering innovation and supporting inventors worldwide.

Next Meeting: The next Executive Committee meeting is scheduled for October 2024, Germany, Nuremberg