CITY OF SAN FERNANDO, Pampanga — The Department of Science and Technology (DoST) is set to provide technical and technological assistance to micro small and medium enterprises (MSME) in Central Luzon.
The assistance will be provided through the agency’s Small Enterprise Technology Upgrading Program (SETUP) to boost the capabilities of MSME amid the coronavirus disease 2019 (Covid-19) pandemic.
SETUP regional program manager Jenina Cristel Malonzo disclosed that the program provides technical and technological assistance to MSME to enable them to improve their production capabilities by infusing science and technology interventions.
The assistance by the SETUP includes equipment upgrades, food safety standards consultancies, production improvements and product labeling.
Malonzo also noted that a total of P6,026,460 has been allocated by the DoST to six enterprises — Danrich Bakery, LFS Printing Services, Romyol Concrete Products, Izzamawy Pastries and Delights, Mavis-Maeve Native Delicacies Manufacturing and Villanueva’s Farm.
She added that the financial assistance will be used to acquire equipment, machinery and technology to boost productivity of these beneficiaries and is seen to be a “win-win” situation for the country and the companies.
The project is also expected to have a significant impact in the fight against hunger and malnutrition especially among children during the pandemic.
Malonzo is encouraging small businesses to avail themselves of the SETUP assistance.
“Our terms are very customer-friendly, and we make sure that we are with you every step of the way so we can achieve success together,” Malonzo said.
This year, around P64.85 million has been transferred to the regional office of DoST here to fund 60 MSME projects under the SETUP and as of May, a total of 13 projects have been approved and another 20 have been endorsed for processing.