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In pictures: DOST 2nd National Technology Business Incubation Summit 2018

The Department of Science and Technology (DOST), the Department of Trade and Industry (DTI), and the Department of Information and Communications Technology (DICT) today signed a Memorandum of Understanding (MOU) that spells out their...

(SDN), December 19 — Startups and entrepreneurs in the Philippines can expect a stronger support from the government through a five-year technology startup roadmap.

The Department of Science and Technology (DOST), the Department of Trade and Industry (DTI), and the Department of Information and Communications Technology (DICT) today signed a Memorandum of Understanding (MOU) that spells out their initiatives to further boost their support for the struggling Filipino startups.

They inked the MOU as the highlight of the 2nd Technology Business Incubation (TBI) Summit 2018 held at the landmark Manila Hotel, Rizal Park, Manila, Metro Manila.

Signing the MOU are DOST Secretary Fortunato T. de la Pena, DTI Secretary Ramon Lopez, and DICT Secretary Eliseo M. Rio, Jr.

In photos, here is the 2nd TBI Summit held at the landmark Manila Hotel, Rizal Park, Manila, Metro Manila:

DOST - Science and Digital News

DOST - Science and Digital NewsThe three ‘superheroes’ for the Philippine startup community at the 2nd TBI Summit organized by the Philippine Council for Industry, Energy and Emerging Technology Research and Development (DOST-PCIEERD). (Photo: Henri de Leon/DOST-STII)

received_742151672818891_1Signing of the Memorandum of Understanding (MOU). (Photo: Henri de Leon/DOST-STII).

DOST - Science and Digital News

DOST - Science and Digital News

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“The Parties commit to come up with projects, events, and/or endeavors by way of tie-ups, joint program activities, cost matching to be reflected in their future MOAs to succeeding activities and events that will promote and assist Philippine startups,” the MOA said.

Each of the three agencies have already been implementing their respective programs for the country’s startups. (EKU)

Hello, Cyber World! A journalist's passion for news, which for me is every and any kind of news, but specially on Science, Technology, Innovation, Digital, and Current News, or just about anything under Heaven, birthed this news platform. Disclosure: I am not a scientist nor an expert on anything Science, and not a techie either; just some journalist who loves and care to bring the good news and share them to everyone out there. It is a big, big physical world out there, but the Industrial Revolution 4.0, the Internet in the Digital Age, has shrunk Earth into one small virtual community. Each human being a "neighbor" to everyone in the Philippines and in any point of the compass. Whatever you may see or think could be my and this site's shortcoming, my apologies. So, there, please join me in my journey in cyberspace! Be home, be safe, be mindful of your neighbors, of the Creator! Thanks so much.

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