SMALL ENTERPRISE TECHNOLOGY UPGRADING PROGRAM (SETUP)
The Department of Science and Technology (DOST) launched the Small Enterprise Technology Upgrading Program (SETUP) in response to the President GMA’s call for more focused programs of assistance for small and medium enterprises (SMEs). SETUP is a nationwide strategy to encourage and assist SMEs to adopt technological innovations to improve their operations and thus boost their productivity and competitiveness. The program enables firms to address their technical problems through technology transfer and technological interventions to improve productivity through better product quality, human resources development, cost minimization and waste management, and other operation related activities.
SETUP hopes to assist SMEs improve their productivity and competitiveness through the:
Infusion of new/advanced technologies to improve operations of SMEs;
Provision of funds for technology acquisition;
Manpower training, technical assistance and consultancy services;
Design of functional packages and labels;
Assistance in the establishment of product standards including testing;
Database information system.
SETUP will cover the following sectors:
Gifts, toys, house wares, handicrafts, natural fibers and dyes
Marine and aquatic resources
Horticulture (cut flowers, fruits and high value crops)
Metals and Engineering