What is SETUP?
SETUP refers to Small Enterprise Technology Upgrading Program is a nationwide strategy to encourage MSMEs to adopt technological innovations to improve existing products, services, and operations; increase productivity and competitiveness; and more importantly to enable MSMEs to develop new products and establish or sustain market niches.
What is the purpose of the program?
The Program enables MSMEs to address their technological requirements and limitations to improve productivity and efficiency through:
- Infusion of appropriate technologies to improve/develop products, services and/or operations;
- Human resource training, technical assistance and productivity consultancy services;
- Design and execution of functional packages and labels;
- Assistance for compliance to regulatory and market standards including testing services; and
- Provision of financial assistance to facilitate acquisition of appropriate technologies.
Who is eligible to apply?
- MSME must be wholly owned by Filipino citizens and willing to apply technological innovations to improve existing products, services and/or operations.
- Any government entity (including state universities and colleges) operating business-like projects/activities (such as Common Service Facilities, innovation, incubation centers) for entrepreneurs / graduates of entrepreneurship.
What documents to be submitted?
- Letter of intent to avail of SETUP assistance
- Accomplished “Application for Technology Needs Assessment” Form
- Project Proposal
- Copy of business permits and licenses
- Copy of Environmental Compliance Certificate (ECC) or Certificate of Non-Coverage (CNC)
- Certificate of registration of business name
- Board/Legislative Council resolution for corporations, cooperatives, non-single proprietorship, and LGUs
- Financial statements for the past three (3) years with notarized Sworn Statement from the proponent
- Projected financial statements for the next five (5) years
- Complete technical specifications for equipment
- Three (3) quotations from suppliers/fabricators for each equipment
DOST Scholarship Program
Kindly call the Science Education Institute, Department of Science and Technology 3rd PTRI Bldg., Bicutan, Taguig Metro Manila Philippines Tel. Nos. (632) 837-1359, (632) 839-0241 Fax No. (632) 837-1924