Thursday, June 28, 2018

PH MSME’s to be boosted by DOST and DTI

Posted By: The Mail Man - Thursday, June 28, 2018

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DOST Secretary Fortunato T. de la Peña (middle) and DTI Secretary Ramon M. Lopez (second from the right) led the recently concluded “Innovation Partners: DTI and DOST” media briefing. On the said occasion, the two agencies formally launched their partnership to reinforce the capabilities of MSMEs, particularly in the provinces. Also in photo are DTI Assistant Secretary (Regional Operations Group) Demphna Du-Naga (left), DTI Undersecretary Zenaida Maglaya (second from left), and DOST Undersecretary Brenda Nazareth-Manzano (right). 

(Photo by Gerardo G. Palad, DOST-STII)

Acknowledging that the MSMEs for micro, small, and medium enterprises will be the engine for economic growth in the country, the Department of Science and Technology (DOST) and the Department of Trade and Industry (DTI) have committed to work together by sharing their materials, knowledge, and facilities.

This also augurs well for Filipino Startups that can be also be classified as MSMEs. The two agencies agreed to cooperate closely with the “Innovation Partners: DTI and DOST.” The DOST and DTI will be boosting their efforts along dissemination of information and knowledge on science, technology, and innovation in the country.

“This kind of cooperation among the two agencies (DOST and DTI) is quite timely because both of us have priorities to enhance the capabilities of MSMEs in the country, particularly in the provinces,” said DOST Sec. Fortunato T.de la Peña.

Aside from MSMEs, DTI Secretary Lopez sees this as an opportunity for local governments I pushing for the economic benefits of its citizens.

“DOST and DTI have a common goal which is to bring development to every part of the country. As these two agencies embark [on] this partnership, we assure that we would give our best efforts to maximize the use of each other’s resources and facilities to support the productivity of our local MSMEs and, eventually, allow them to give job opportunities to the local residents,”  Sec. Lopez added. 





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