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Mall And Medium Enterprises Msmes To Enhance Competitiveness Based On Their Level Of Development Considering The Rapid Emergence Industry 4 0 Debilitating Effects Pandemic Department Science Technology Dost Secretary Fortunato De La Pena Said That Under Small Enterprise Upgrading Program Setup News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Gov t upgrades support to MSMEs via SETUP

MANILA-The government has upgraded services of its program assisting micro, small and medium enterprises (MSMEs) to enhance competitiveness based on their level of development considering the rapid emergence of Industry 4.0 and the debilitating effects of the pandemic. Department of Science and Technology (DOST) Secretary Fortunato de la Pena said that under the Small Enterprise Technology Upgrading Program (SETUP) 4.0, the department's interventions will now not only benefit the individual firms. "We will also be providing industry-level interventions, making sure that each industry under our priority sectors is following a set roadmap that is directed towards transitioning to the Fourth Industrial Revolution," he said during the recent DOST-National Capital Region SETUP e-caravan. De la Pena said MSMEs will be categorized based on their development level, and the assistance the DOST will provide them will be based on their category. "The more developed MSMEs will b

Rowen gelongaDepartment of scienceSmall enterprise technology upgrading programSecretary fortunato de la penaFourth industrial revolutionNational capital regionManila the government has upgraded services of its program assisting microMall and medium enterprises msmes to enhance competitiveness based on their level of development considering the rapid emergence industry 4 0 debilitating effects pandemic department science technology dost secretary fortunato de la pena said that under small enterprise upgrading program setupHe department 39s interventions will now not only benefit the individual firms quot we also be providing industry levelAking sure that each industry under our priority sectors is followinga set roadmap directed towards transitioning to the fourth industrial revolutionUot he said during the recent dost national capital region setupe caravan de la pena msmes will be categorized based on their development levelNd the assistance dost will provide them be based on their category quot more developed msmes ushered towards industry 4 0 while rest assisted such that they prepared to transition same in near futureUot he added dost vi regional director engr rowen gelonga said enterprise level strategies under setup 4 0 include providing access to new technologies and innovations delivering technicalIgital and other critical support ensuring enterprise resiliency continuity quot our one special focus at the setup 4 0 is that irrespective of level development your companyE will try to come up with digitalization or digitization as well support and of courseE are giving special emphasis also in terms of resiliency and continuity we know how important this is during times not only pandemic but hazards other calamities

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