DOST conducts search for 2nd Filipinnovation Award for start-up firms
By Fayette C. Riñen
CEBU CITY, September 7 (PIA) -- The search is on for the 2nd Filipinnovation Award for Start-up companies, this is announced by the Department of Science and Technology (DOST) and the Filipinnovation Network in collaboration with DOST Region 7.
The Award is given to Filipino start-up companies operating less than three years in recognition of their exemplary technological content and market viability as high potential socio-economic impact.
Likewise, the Award aims to search, recognize and promote local innovative technology development by the start-up companies involved in the following fields: biotechnology, nanotechnology, ICT, electronics, material science, robotics/mechatronics or combination thereof.
To qualify for the search, interested start-up companies need to submit the following: company logo, products/services offered, date started, sales from the last three semesters, business plan, and contact details.
Deadline for submission of entries is on Monday, September 12.
Entries should be submitted to the DOST-7 Regional Director Engr. Rene Burt Llanto, The S & T Complex, Sudlon, Lahug, Cebu City. The submitted entries from Central Visayas will be screened and endorsed by the DOST-7 and its Board of Judges while qualified entries will vie at the national level.
Winners of the search will be announced during the 4th Anniversary Celebration of the Filipinnovation on November 25 where the winners will each receive P100,000 in cash prize for a maximum of five awardees.
For further information, one may contact DOST-7 Secretariat at tel. nos. (032) 414-7477 or 254-8269 and look for Venus or Yvette. (PIA-Cebu with DOST-7 PR)