Small Enterprises Technology Upgrading Program (SET-UP)

Published by rudy Date posted on June 28, 2009

NEARLY all registered businesses in the country are classified as small and medium enterprises. They account for half of employment and represent around 60 percent of the country’s export firms.

Small Enterprises Technology Upgrading Program (SET-UP) encourages and assists small and medium enterprises to adopt technological innovations to improve their operations and boost productivity and competitiveness.

The program enables firms to address their technical problems through technology transfer and technological interventions.

It supports enterprises through new technologies; technical manpower training; access to capital; access to markets; product standards and testing facilities; appropriate packaging and product labeling; sustainable raw material supply; access to information; and better and more efficient transport facilities.

Any company or individual firm that is based in the Philippines and wholly owned by Filipinos citizens may apply for SET-UP assistance.

To apply, send a letter of interest to avail of the SET-UP assistance together with the requirements to the Department of Science and Technology (DOST) Regional Director’s Office where the company is based. Identify current problems, improvements, and potential technological interventions needed. If the project is found viable, the DOST Regional Office endorses it to the National Program Management Office for evaluation and final approval.

For more information: http://setup.dost.gov.ph/

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