Nd 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 Future News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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