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DOST extends assistance to Southern Leyte MSMEs under SET-UP funded projects

Thursday, December 05, 2019 01:07 AM    Views : 1072by:Marcelo M. Pedalino

MAASIN CITY, Dec. 4 (PIA) -- The Department of Science and Technology (DOST) for this year 2019 has supported seven Micro, Small and Medium Enterprises (MSMEs) by extending financial assistance under the small enterprise technology upgrading program (SET-UP).

At a forum for SET-UP and Grant-In-Aid program held at SLEM function hall in its main office Thursday, DOST regional and provincial officials held a ceremonial awarding of checks to proprietors or representatives of the seven business establishments which are located in different parts of the province.

These included Alice Delicacies, Lingotan Sand and Gravel and Hollow Block Dealer, Maisam Glass Aluminum and Metal Works, Marianne Family Center, Max C Engineering and Construction Services, Senior Isidro Poultry Farm, and Vanex Advertising.

Toto Nobleza, proprietor of Alice Delicacies which produces processed food products from popped rice locally known as ďampawĒ said his business proposal requested the amount of P500,000 and about half of that amount was approved, the others were also similarly situated.

The approved amount was actually released in June this year to be paid in two yearsí time, with the first year serving as grace period apparently giving enough time to roll the additional capital, with very minimal service fee, Nobleza said, adding that he was referred to the DOSTís SET-UP through the DTIís Mentor Me program.

In her welcome message, Engr. Florita Santiago, provincial science and technology officer, disclosed that since 2003, the provincial DOST office had extended support to 66 home-grown business enterprises through SET-UP.

Among the regional DOST staff who graced the occasion and presented certain programs and services were Mae Anne Reyes, SET-UP coordinator, Dr. Lucia Dauz, on Grant-In-Aid (GIA), Nicka Verba, packaging and labeling coordinator, and Lysander King for One Store, an on-line selling portal.

Also honored during the forum was a graduated SET-UP project, the Paul Simon Muffler, the 2019 best SET-UP adoptor, Denny Arsenio, proprietor of a giant Hopia bakeshop in Malitbog, and a farmerís association from Bontoc which is producing vinegar from pure coconut water.

Some participants of the forum represented LGUs, for the DOSTís GIA program was intended to be accessed by them, especially for livelihood projects that benefit their local constituents.† (MMP/PIA-8, Southern Leyte)

Source:†https://pia.gov.ph/news/articles/1031168

S & T Trivia

" Juanito A. Simon, a US-educated and -trained metallurgist who smoothly speaks Kapampangan, formulated the Per'tua motor lubricant internationally known as Tribotech (www.tribotech.com). This product is now used by McDonnell Douglas in AH-65 Apache combat support helicopters, Boeing autoclaves and giant ovens which bake vital aircraft parts. "

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