Issue of November 4, 2018
     
NEWS
Benguet
 
OPINION
 

2018
Panagbenga Flower Festival
 
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Over 400 MSMEs in CAR benefit from DOST business program
by Pamela Mariz Geminiano / PNA

Around 400 micro, small, and medium enterprises (MSMEs) in the Cordillera have so far benefitted from the business upgrading program of the Department of Science and Technology called Small Enterprise Technology Upgrading Program (Setup).

DOST-Cordillera Director Nancy Bantog said the number of Setup enterprises increases by about eight enterprises per province yearly.

The Setup aims to improve an enterprise’s existing products, services, and operations; and enhance productivity and competitiveness.

“They can be assisted to help boost their productivity and competitiveness through Science and Technology Innovation,” Bantog said.

For 2018, DOST has allotted P39 million for the implementation of the program, which includes capability training and loan for those wanting to upgrade or purchase technologies.

“In the Cordillera, 50 percent of the firms that availed of the Setup program is involved in the food industry followed by metals and engineering firms,” Bantog said.

She said the furniture industry used to rank second, but with the selective harvesting of natural forests products, fewer Cordillerans are now engaged in the industry.

The DOST official said Setup is a nationwide strategy to encourage MSMEs to adopt technological innovations and develop new products and establish or sustain market niches.

Among the assistance provided under Setup are: infusion of appropriate technologies to improve/develop products, services and/or operations; human resource training, technical assistance, and productivity consultancy services; design and execution of functional packages and labels; assistance for compliance to regulatory and market standards, including testing services; and provision of financial assistance to facilitate acquisition of appropriate technologies.

“When we do our monitoring and assessment, there is an increase in the volume of the (entrepreneurs’) sales, profit, and a reduction of production cost,” Bantog said.

She said the priority sectors under Setup are food processing, furniture making, gifts and decors, handicrafts; agriculture, marine, aquaculture; metals and engineering, information and communications technology; and health and wellness products.


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PWU Baguio
Technical Education & Skills Development Authority – CAR
University of Baguio

Baguio Central University
Baguio Country Club
Benguet Electric Cooperative Inc.
Bureau of Fisheries and Aquatic Resources – CAR
Congressman Ronald M. Cosalan
Department of Health – CAR
Grab
John Hay Management Corporation
National Grid Corporation of the Philippines
New Media Services
Pag–IBIG Fund
Pines City Colleges
Sangguniang Panlungsod
SiTEL

ABC360
Assumption Medical Diagnostic Center
Baguio Center Mall
Baguio Water District
Choobi Choobi
Congressman Mark O. Go
Councilor Leandro B. Yangot Jr.
Curamed Pharmacy
Department of Environment and Natural Resources – CAR
Department of Public Works and Highways – CAR
Department of Science and Technology
Fabulo Beauty and Image Salon
Far East Pacific Commercial
Filipino–Japanese Foundation of Northern Luzon, Inc.
Ganza & Solibao Restaurants
Gen. Benjie B. Magalong
GMS Technology
Governor Crescencio C. Pacalso
Maybank
Mayor Mauricio G. Domogan
Mayor Romeo K. Salda
Mother Earth Deli Basket
Nagomi Spa
Narda’s / Sunflower Ridge
NIIT
Northern Luzon School for the Visually Impaired, Inc.
Our Lady of Mt. Carmel Montessori, Inc.
Philex Mining Corporation
Police Regional Office – CAR
Regional Development Council – CAR and National Economic and Development Authority – CAR
Regional Tripartate Wages and Productivity Board – CAR
SN Aboitiz
Tony Boy Tabora
Veterans Bank

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