San Jose, Antique – The Department of Science and Technology (DOST VI) through the Antique Provincial Science and Technology Center (PSTC) has granted six (6) Micro Small and Medium Enterprises (MSMEs) with technical assistance under its Small Enterprise Technology Upgrading Program (SETUP).
Among of the beneficiaries include CMYK Test Print Advertising and Supply, Process Foundation Panay, Inc., MEEMM-JON Malunggay Products, Jomil 21 Peking Duck Poultry Farm, Servano Bakeshop, and Middle East Furniture Manufacturer.
DOST’s banner program SETUP seeks to address technological constraints through technical assistance for the upgrading of production facilities, technology trainings and consultancy services.
This package of S&T interventions is geared towards improving product quality, production efficiency, good manufacturing practices, and generating employment.
Under this program, the beneficiaries repay the total cost of the financial assistance to the government for three (3) years without interest.
SETUP boosts its efforts on food processing, furniture, gift, decors and handicrafts, aquatic and marine, horticulture/agriculture, metals and engineering, Information and Communications Technology/Electronics (ICT), Health Products and Services.
For 2017, some 25 MSMEs in the region will be granted with technology upgrading assistance amounting to PhP38,200,000.00. These MSMEs are bound to intensify the country’s labor force, generate innovative products and services that cater to global and domestic market, and likewise serve as key players in stepping up the value chain of the business sector.
The granting of the financial assistance which gathered some local government units (LGUs), technical experts, national government agencies (NGAs), and students, was conducted during the Technology Forum held in line with the conduct of the 2017 Technology Caravan. (DOSTVI-LMLamasan)