DOST-PCIEERD Executive Director Dr. Enrico Paringit announces the renewal of the Startup Grant Fund Program during the Department of Science and Technology Technology Business Incubator Virtual Summit last November 24, 2020.
“We hope to support startups with technology-based solutions that can potentially contribute to economic rebirth of our country. By supporting the creation or deployment of more post-COVID19 products and services, we are looking at opportunities to provide additional jobs, raise revenue, and attract local and foreign investment,” he said.
The Startup Grant Fund Program is established to overcome R&D roadblocks by means of prototype improvement, conduct of feasibility studies, development of product specifications, as well as validate user requirements, to strengthen their intellectual property by means of protection and development of the appropriate IP strategies.
Sustainable Industries or Technologies intended to fill-in the gaps in the value chain of critically important industries to increase productivity, reduce costs and facilitate production and distribution of goods in the new normal; Supply chain and logistics management or Technologies that reduce dependency on physical labor across transportation, logistics and warehousing; platforms for online matching and delivery of goods from source to point of use; Learning/Education or Technologies in...