DOST SETUP iFund

The Small Enterprise Technology Upgrading Program (SETUP) is a flagship initiative of the Department of Science and Technology (DOST) that aims to assist Micro, Small, and Medium Enterprises (MSMEs) in adopting technological innovations to improve their productivity and competitiveness.

The iFund component supports enterprises by providing innovation-enabling funds to implement these technological interventions, ensuring that Filipino businesses remain competitive in the global market.

• Encourage MSMEs to adopt new and appropriate technologies for business improvement
• Enhance productivity and efficiency through innovation-driven processes
• Facilitate technology transfer and commercialization of local research outputs
• Promote sustainable growth and competitiveness in priority industry sectors
• Create jobs and improve the quality of life in local communities

• Innovation Support: Funding for technology acquisition, equipment upgrading, and process improvement
• Technical Consultancy: Access to DOST experts for production optimization, product design, and packaging
• Training and Capability Building: Assistance in workforce upskilling and business operations management
• Non-Collateral Financial Assistance: Support provided without the need for traditional collateral requirements
• Market Linkage: Connections to potential buyers and business partners

• Registered Micro, Small, or Medium Enterprises (MSMEs)
• Engaged in manufacturing or production-based industries
• Operating for at least one year with a good track record
• Willing to adopt technological innovations and implement improvements
• Committed to job creation and community development