The National Innovation Council (NIC) has approved 19 project proposals which will be funded through grants under the P200-million Innovation Fund, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said Tuesday.
“Thus far, the Council has approved 19 project proposals amounting to P115 million under the Innovation Grants—majority of which sought to address the pre-commercialization and commercialization requirements of innovative products or services, the enhancement of innovation facilities and services, and the conduct of capacity-building activities,” Balisacan said during a Palace briefing, following the first NIC meeting under the Marcos administration.
The NIC, chaired by the President and the NEDA chief as vice-chairperson, is 25-member body tasked to develop the country’s innovation goals, priorities and long-term national strategy. Meanwhile, Balisacan said the Innovation Fund is a revolving fund that aims to strengthen entrepreneurship and enterprises engaged in developing innovative solutions.
“Along with the National Innovation Agenda and Strategy Document, the establishment of the Innovation Fund signifies one of the other major outputs of the Council,” he said.1. Project title: Project SciNing - Cultivating Ingenuity, Creativity and Awareness through Experiential Learning, Innovations and Promotions2. Project title: Establishment of PCHRD Health Research and Technology Innovation Hubs : Expanding the TEKI in Health Program among Health Institutions3.
“Only through a collective national effort can we truly pursue and attain these goals for our future. The Marcos administration reaffirms its commitment and determination to turn these visions and plans into a reality, and build a strong economic foundation for the future generations of Filipinos," he added.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Neda prodded to frontload implementing rules and regulations of Public Service Act | Butch FernandezNoting that the amended Public Service Act (PSA) was enacted into law as Republic Act No. 11659 nearly a year ago, Senator Grace Poe on Friday urged the National Economic and Development Authority (Neda) to finish the Implementing Rules and Regulations (IRR) of the law. RA 11659, which updated the…
Baca lebih lajut »
NEDA: Cost of charter change-related poll exercises could go up to P28 billionNEDA discloses its internal estimates during the House of Representatives' last public consultation on revising the 1987 Constitution.
Baca lebih lajut »
RCEP is vital in race for market access–Neda, FEF | Cai U. OrdinarioTHE National Economic and Development Authority (Neda) and local economists from the Foundation for Economic Freedom (FEF) expressed their staunch support for the ratification of the Regional Comprehensive Economic Partnership Agreement (RCEP). The Neda believes the RCEP could fast-track the country’s economic recovery from the pandemic and increase its access…
Baca lebih lajut »
NEDA chief: RCEP won’t hurt local agri sector"With regards to the allegation that the agricultural sector will be hurt, there&39;s no truth to that… whether or not there is RCEP, we need to invest in agriculture. Kinakailangan nating ma-address ‘yung mga concerns,” National Economic and Development Authority Secretary Balisacan said during a Palace briefing.
Baca lebih lajut »
Inflation relief aid for gov't employees, poor families not on the table, says NEDA chiefThere is, so far, no discussion on whether or not the government would duplicate the Senate’s inflation relief aid to its employees in the executive department and to the public.
Baca lebih lajut »
Marcos meets council to advance PH's culture of innovationPresident Ferdinand “Bongbong” Marcos Jr. had his first meeting with the National Innovation Council (NIC) to discuss the implementation of the Philippine Innovation Act.
Baca lebih lajut »