Monday, July 7

Tag: Upgrading Program

Small Enterprise Technology Upgrading Program (SET-UP)
Finance

Small Enterprise Technology Upgrading Program (SET-UP)

The Department of Science and Technology's (DOST) Small Enterprise technology Upgrading Program (SET-UP) is a nation wide strategy encouraging and assisting SMEs to adopt technology innovations to improve their operations and thus boost their productivity and competitiveness.How does it change things?The program enables firms to address their technical problems through technology transfer and technology interventions to improve productivity primarily through enhanced product quality, upgraded manpower, cost reduction, effective waste management and operations tune-up.Where does SET-UP concentrate its efforts?SET-UP has six ptiority sectors:1. Food Processing2. Furniture3. Gifts, Decors & Handicrafts4. marine and Aquatic Resources5. Horticulture ( cut flowers, fr...