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HomeThe RegionDavaoDOST SETUP Continues to Extend Assistance to More MSMEs in Davao

DOST SETUP Continues to Extend Assistance to More MSMEs in Davao

Recognizing that the Micro, Small and Medium Enterprises (MSMEs) sector is vital to the Philippine economy, the Department of Science and Technology XI (DOST XI) continues to extend assistance to more MSMEs in the region through the Small Enterprise Technology Upgrading Program (SETUP).

Despite the ongoing COVID-19 pandemic, the National Economic Development Authority reported that MSMEs in Davao region increased by 7% from 23,627 in 2020 to 25,184 in 2021. 

Through SETUP, MSMEs are provided access to technological innovations that can boost the business’ productivity and efficiency. By providing a pool of Science and Technology (S&T) interventions which includes technology acquisition, MSMEs are assisted to increase their competitiveness in the market. 

As of the 1st semester of 2022, DOST XI has already provided S&T assistance to more than 450 firms or institutions in Davao region with 324 technology interventions. 

DOST XI also funded 11 SETUP projects in the 1st semester this year with a cumulative funding portfolio of 14 million pesos. 

To ensure the effective implementation of SETUP, DOST XI staff regularly monitors the project to identify the problems encountered by the business owners and determine their additional needs for improvement.

DOST’s pool of S&T interventions include the provision of technical assistance, human resources training, consultancy services, designing of functional packages, product standards testing, and database management system. 

SETUP has revitalized and transformed MSMEs in the region with technology-backed activities and strategies, especially in the onset of the COVID-19 pandemic. These innovations have opened up a new avenue for economic growth for the region.

To apply for SETUP, you may access the DOST XI website at https://region11.dost.gov.ph/products-services/technology-transfer/small-enterprises-technology-upgrading-program-set-up or call 227-1313. 


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