Business
𝘿𝙊𝙎𝙏-𝘽𝙞𝙘𝙤𝙡 𝙋𝙤𝙪𝙧𝙨 𝙊𝙫𝙚𝙧 ₱𝟭𝟵𝙈 𝙞𝙣𝙩𝙤 𝙎𝙢𝙖𝙡𝙡 𝙀𝙣𝙩𝙚𝙧𝙥𝙧𝙞𝙨𝙚𝙨 𝙖𝙣𝙙 𝙊𝙁𝙒 𝙑𝙚𝙣𝙩𝙪𝙧𝙚𝙨
Legazpi City- The Department of Science and Technology (DOST)-Bicol has poured ₱19,775,317.20 into 22 local entrepreneurs through two key programs—the Small Enterprise Technology Upgrading Program (SETUP) and Innovations for Filipinos Working Distantly from the Philippines (iFWD PH) last July 28.
This comes with 20 supported under SETUP and 2 under iFWD PH. The funds were given during the iFund awarding ceremony.
Through SETUP, micro, small, and medium enterprises gain access to advanced technologies and streamlined processes to boost productivity. Complementing this, iFWD PH empowers returning Overseas Filipino Workers to establish or grow technology-driven businesses through training and innovation grants.
Beneficiaries are spread across all six provinces of the region, representing various vital industries—including food processing, metals and engineering, and agriculture—reinforcing DOST-Bicol’s commitment to innovation and inclusive regional growth.
