Considered as the marketing arm of the Department of Science and Technology (DOST), the Institute of Technology Application and Promotion (DOST-TAPI) not only thrives in helping innovators but at the same time contributes to social development and economy of the country.
As part of fulfilling its mandates, DOST-TAPI recently introduced a new line of innovator assistance programs at its May 13 roadmap and stakeholder recognition launch.
“With our existing programs that cover intellectual property rights protection, venture capital funding, prototype development, market and pilot testing, special lending facilities and technology exhibitions, among others, we are adding comprehensive programs to our roster to serve and reach more stakeholders nationwide,” said DOST-TAPI Director Atty. Marion Ivy D. Decena.
According to DOST, for three and a half decades, DOST-TAPI has been able to achieve several milestones in consecutive years through the promotion of technology transfer and commercialization, and the administration of invention-related development through the provision of the Invention Development Assistance Fund. .
For the training component, DOST-TAPI has enhanced its Government Funded Technology Innovations, Research, Agreements and Negotiations (HIRANG), which previously focused on property valuation knowledge and skill development. intellectual property, technology promotion, negotiation and licensing of technology transfer. officers.
But for HIRANG 2.0, it will focus on training startups and spin-off companies through advice and capacity building activities, as most local micro, small and medium enterprises (MSMEs) are not ready to scale up to invest.
According to the Chief Scientific Research Specialist of DOST-TAPI, Romeo M. Javate, local MSMEs have great potential for development only if proper assistance is provided to them.
“We have identified that this lack of investment readiness hinders their potential for optimal growth,” he explained.
“A higher level of investment readiness builds trust among investors. Therefore, a higher level of investment incentivizes investors to share their resources with MSMEs,” said Pierre Sonia S. Dela Corte, Specialist scientific research under the supervision of DOST-TAPI.
DOST-TAPI created Technology Optimization for Market Utilization and Readiness (TOP UP) to guide inventors and innovators to turn their ideas into market-ready inventions, especially for commercial prototyping, protection intellectual property, testing and validation, and pilot production.
“The program provides financial and technical assistance to create a holistic approach that harmonizes the most challenging innovation and invention processes,” said Roberto R. Verzosa, Senior Scientific Research Specialist at DOST-TAPI.
DOST-TAPI hopes to encourage the development of new technologies and support the development of commercial prototypes for technology validation.
In terms of commercialization, the Marketing Assistance Program (MAP) seeks to provide a more targeted approach in the formulation, development and implementation of marketing strategies for DOST-TAPI assisted technologies. The MAP is a detailed and oriented program designed to meet the specific needs of stakeholders.
“The program is designed with prescribed policies and implementation rules to achieve key objectives,” said Florisa Mae A. Ilagan, senior scientific research specialist at DOST-TAPI.
In addition, the MAP aims to identify locally developed technologies that need marketing assistance so that they have suitable marketing plans and strategies, and in turn publish market intelligence reports as a reference for other beneficiaries.
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