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Venture financing presentation for tesda by DOST

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VENTURE FINANCING PROGRAM By Department of Science and Technology – ARMM …

VENTURE FINANCING PROGRAM By Department of Science and Technology – ARMM
Aims to push and accelerate the commercialization of new and emerging technologies

FINANCIAL ASSISTANCE COVERAGE to Juridical entities with capability to provide 30% equity of project cost : Cost of acquisition of production equipment; and, Working capital for initial trial production
Project Cost: PhP1.5 million/project (max) 70% of project cost as seed money and 30% to be shouldered as proponent equity.

FEATURE:
Technological Advantage
Socio-economic benefits
Increase in production efficiency
High rate of return on investment
Environmental Integrity
Cutting-edge Technologies in IT/Electronics

TECHNICAL EVALUATION COMMITTEE (TEC): TAPI, RDIs/Councils, Academe, Private Sector

CRITERIA FOR SELECTION:
Technical Viability
Market Acceptability
Financial Profitability
Sound Management/Administrative System
Socio-economic Impact


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  • A DATA WAREHOUSE IS PROPOSED TO BE CONSTRUCTED INSIDE PCMDC OR AT AVATAR'S DETACHMENT (Inside Lasureco Compound) for possible financing from DOST - The project intended to MOA with TESDA is a public-private joint venture to serve primarily the TFC social networking site for the STALL Tracer Project; secondarily, to serve commercial clients preferrably to any emerging BPO from the ARMM. Head of this project is Eng'r Umbawa Pacasum-Masnar Sarosong, our world-class scientist working back home to serve his hometown, Marawi.
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  • 1. VENTURE FINANCING Program
  • 2. aims to push and accelerate the commercialization of new and emerging technologies
  • 3. FINANCIAL ASSISTANCE COVERAGE
  • 4. Who are eligible? Juridical entities cooperatives/corporations Capability to provide 30% equity of project cost
  • 5. Feature of the Project Technological Advantage1 Socio-economic benefits Increase in production efficiency High rate of return on investment 2 3 4 Environmental Integrity5
  • 6. • Food Processing • GTH • Biotechnology • IT/Electronics • Metals and Engineering • Herbal/Organics in Agriculture • Environmental/E nergy • Other Cutting- edge Technologies PRIORITY AREAS
  • 7. Technical Evaluation Committee (TEC) • composition: TAPI, RDIs/Councils, Academe, Private Sector • composition: TAPI, RDIs/Councils, Academe, Private Sector assess the technology submitted for funding assess the technology submitted for funding Project Evaluation Procedure
  • 8. CRITERIA FOR SELECTIONCRITERIA FOR SELECTION Technical Viability Market Acceptability Financial Profitability Sound Management/Administrative System Socio-economic Impact
  • 9. • (70)% of project cost (seed money) • 30% to be shouldered as proponent equity
  • 10. maximum of 1.5 million/project