Philippines’ Department of Science and Technology and Department of Trade and Industry cooperate to strengthen services to MSMEs

According to the announcement made by the Department of Science and Technology (DOST), it will be working cooperatively with the Department of Trade and Industry (DTI) so that MSME products will be more competitive in the world market and more accessible to a larger number of consumers.

A partnership between the DOST and the DTI will make the products and services offered by local micro, small, and medium enterprises (MSMEs) more competitive in the world market.

MSMEs will also be more accessible to a larger number of consumers since both departments will share their materials, knowledge, and facilities.

During the “Innovation Partners: DTI and DOST” media briefing held recently at the 3M Office in Taguig City, details of the cooperation agreement between the two were formally shared to members of the media.

DOST Secretary Fortunato T. de la Peña and DTI Secretary Ramon M. Lopez led the aforementioned occasion. The two agencies agreed to work together for the dissemination of information and knowledge on science, technology, and innovation in the country,

DOST Sec de la Peña said, “This kind of cooperation between the two agencies is quite timely, because both of us have priorities to enhance the capabilities of MSMEs in the country, particularly in the provinces.”

Moreover, DTI Sec Lopez believes that the cooperation between the two government agencies would provide benefits not only to the MSMEs but also to local governments and its residents.

Sec Lopez explained, “DOST and DTI have a common goal which is to bring development to every part of the country. As these two agencies embark on this partnership, we assure that we would give our best efforts to maximise the use of each other’s resources and facilities to support the productivity of our local MSMEs and, eventually, allow them to give job opportunities to the local residents.

One of the highlights that happened during the media briefing was the turnover ceremony of the S&T Nook of the DOST to the Negosyo Centres of the DTI.

The S&T Nook is a stand-alone kiosk that contains important information on the various DOST services as well as research and development projects.

The agreement between DOST and DTI also includes allowing DTI’s One Town, One Product (OTOP) project beneficiaries to enrol their local products at DOST’s is an E-commerce Web Application that operates nationwide and caters primarily to Philippine consumers.

oneSTore helps the Department of Science and Technology's assisted MSMEs widen the scope of their target market. It can help deliver economic growth and increase business opportunities.

oneSTore provides customers with an effortless shopping experience and retailers with simple and direct access to the largest customer base in the Philippines.

The DTI is a Philippine Government agency tasked as the main economic catalyst that enables innovative, competitive, job generating, inclusive business, and empowers consumers.

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