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NVSU offers local technologies for micro entrepreneurs

Friday, January 03, 2020 05:14 AM    Views : 50by:Benjamin Moses M. Ebreo

BAYOMBONG, Nueva Vizcaya , Jan. 2 (PIA)–The Nueva Vizcaya State University (NVSU) here will be offering locally-made technologies to help budding micro entrepreneurs in the management of their businesses in the province.

Dr. Cristina Salvosa, campus administrator officer-in-charge and project leader, said the “NVSU Technopreneurs Hub” (NVSU-TH) was launched early in December 2019 to execute a Technology Business Incubation (TBI) to help start-up technology-based businesses by providing a range of resources, services and facilities needed during the development stage.

“The goal of the TBI is to produce firms that will leave the incubation program financially viable and able to sustain operation and compete in the market," Salvosa said.

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The NVSU-TH, also dubbed NVSU ‘Sabatan’, (an Iluko term for meeting place) is the first TBI in the province.

The NVSU ‘Sabatan’ was established under the Department of Science and Technology’s (DOST) Higher Educational Institution Readiness for Innovation and Technopreneurship (HeIRIT) development program.

“It will serve as a venue for the transformation of bright ideas into viable business technologies and inputs,” Salvosa added.

Meanwhile, Jonathan Nuestro, DOST provincial head, said the NVSU-TH help in addressing the current problems of micro entrepreneurs in the province, particularly on expensive equipment and insufficient knowledge in running a business.

“Our micro entrepreneurs will benefit from this project through the introduction of innovations and fabrications of imported equipment and tools which will be offered at affordable and cheaper prices for our budding entreprenuers,” he further said.

The technology innovations and fabrications were exhibited in December 13 last year, during the “NVSU PANAGSASABAT 2019: Stakeholders Forum and Exhibition on Innovation and Technopreneurship”. (ALM/BME/PIA 2-Nueva Vizcaya)

Source: https://pia.gov.ph/news/articles/1032203

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