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DOST extends P106-M enabling aid to MSMEs in W. Visayas - Vimarsana News

DOST extends P106-M enabling aid to MSMEs in W. Visayas

Published: October 21, 2021

IMPROVED. The Plaza Jaro (PJ) delicacies is one of the recipients of the Small Enterprise Technology Upgrading Program (SETUP) innovation-enabling fund of the Department of Science and Technology (DOST). The department said on Thursday (Oct. 21, 2021) it released an estimated PHP106 million to qualified micro, small and medium enterprises in Western Visayas since 2020.(Photo courtesy of DOST 6) ILOILO CITY - The Department of Science and Technology (DOST) has released around PHP106 million innovation-enabling assistance to qualified micro, small and medium enterprises (MSMES) in Western Visaya...

Source: philippinetimes.com
Related Topics:
Iloilo CityPhilippines GeneralMayroseo SuerteSenior Science Research SpecialistDepartment Of ScienceSmall Enterprise Technology Upgrading ProgramWestern VisayasScience Research SpecialistHead MayroseImproved The Plaza Jaro Pj Delicacies Is One Of Recipients Small Enterprise Technology Upgrading Program Setup Innovation Enabling Fund Department Science And Dost Said On Thursday Oct 21021 It Released An Estimated Php106 Million To Qualified MicroMall And Medium Enterprises In Western Visayas Since 2020 Photo Courtesy Of Dost 6 Iloilo City The Department Science Technology Has Released Around Php106 Million Innovation Enabling Assistance To Qualified MicroMall And Medium Enterprises Msmes In Western Visayas Region 6 Under Its Small Enterprise Technology Upgrading Program Setup Since 2020 Senior Science Research Specialist Unit Head Mayroseo SuerteN An Interview ThursdayAid The Innovation Enabling Fund Is Open To Registered Micro Enterprises In Operation For At Least One Year And Three Years Small Medium They Must Belong Identified Priority Sectors Of Department Include FoodEtals And EngineeringNd Gift Decors And HandicraftsMong Others Quot The Innovation Enabling Fund Is For Them To Upgrade Their Production Technologies Majority They Use Financial Assistance Buy Equipment FacilityO Improve Their Product QualityUot She Said Last YearOst Released Around Php49 Million To 29 Msme Beneficiaries While As Of September This Year Php57 Has Been Out The 41 Target Recipients Those Availed In 2020 Dropped 71 Percent When Compared With Previous Quot Innovation Enabling Fund Isa Financial AssistanceT Is Nota Grant They Have To Return This The Government In Three Five Years Without InterestUot She Added The Dost Is Strict In Conduct Of Monitoring To Make Sure Proper Utilization FundsUerte Said Virtual Monitoring Is Being Done This Time Of Pandemic Due To The Challenge Mobility Those Who Could Not Liquidate Or Return Funds Face Risk Facing Charges MeanwhileUerte Said Interested Msmes Can Still Apply This Year As Only 29 Were Given The Enabling Fund Applicants Are Advised To Coordinate With Provincial Offices Of Dost Ask For Requirements And Conduct Technology Needs Assessment Provision Is Part Setup