📋 Tender Overview
The Department of Science and Technology DOST has assisted recently six micro small and medium enterprises MSMEs with total project cost of P6 977358.Ralf Sapi-il of DOST-Kalinga said P4 744500 was provided to MV Arts Signs in San Juan Tabuk City for its continuing improvement and Shama Hardware in Bulanao this city for its upgrading. Both are Small Enterprise Technology Upgrading Program SETUP beneficiaries. The amount of P2 232 858 under grant-in-aid to was distributed to four cooperators. Bulanao Multi-purpose Cooperative received P493 989 Tinglayan Coffee Growers Association P417 673 Pasil Gimpong Organization P661 100 and Lin-awa Rehabilitation Development Center P660 095.The assistance is intended for equipment acquisition to improve product quality and productivity and increase their market competitiveness.Miguel Vargas owner of MV Arts Signs who is borrowing for the second time acknowledged how his business has boomed through the program. He assured to pay the loan on time and called on other beneficiaries to do the same so that more small enterprise will be assisted under the program.Sapi-il said the province is allotted P8.070M for the program this year but clarified they can ask for additional fund if more borrowers qualify. In 2019 DOST released P10.7M to the province.
