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The Global Business, Investment, & Travel Briefing for the Global Filipino Community

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Government Agencies Team Up To Craft Innovation Roadmap

  • October 8, 2018
  • Balikbayan Media Center
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(From L to R): Department of Education (DepEd) Undersecretary Nepomuceno Malaluan, Commission on Higher Education (CHED) Chair Prospero De Vera III, Department of Science and Technology (DOST) Secretary Fortunato de la Peña, Department of Trade and Industry (DTI) Secretary Ramon Lopez, Department of Information and Communications (DICT) Undersecretary Dennis Villorente, and National Economic Development Authority (NEDA) Assistant Secretary Carlos Abad Santos sign the memorandum of understanding (MOU) in the presence of (from L to R): DOST Undersecretary Rowena Guevara and DTI Assistant Secretary Rafaelita Aldaba.

MANILA – Seven government agencies—Department of Trade and Industry (DTI), Department of Science and Technology (DOST), Department of Information and Communications Technology (DICT), National Economic and Development Authority (NEDA), Department of Education (DepEd), Department of Agriculture (DA), and Commission on Higher Education (CHED)—signed the Memorandum of Understanding (MOU) on Inclusive Filipinnovation and Entrepreneurship held at the Inclusive Innovation Conference 2018 on 2 October.

The MOU is a declaration of understanding by the agencies to collaborate and coordinate in formulating and implementing the Inclusive Filipinnovation & Entrepreneurship Roadmap, which aims to develop the country’s innovation and entrepreneurial ecosystem via enhancing the linkages between academe/research community, industry, and government.

“The goal of the Inclusive Innovation Roadmap is to use innovation and entrepreneurship to alleviate poverty in the country. And working together can make this happen,” said Secretary Lopez.

It provides mechanisms in establishing Regional Inclusive Innovation Centers (RIICs), which is the cornerstone of the new industrial strategy known as i3S, as well as a central portal containing government-funded innovation research and data on innovation and entrepreneurship and ensuring its strong alignment with the needs of the industry.

“We are taking a whole-of-government approach to capacitate and upskill Filipinos, so they can shift to higher-paying jobs and business models brought about by the Fourth Industrial Revolution,” said Secretary Lopez.

A steering committee, composed of the seven agencies and private sector representatives, will oversee the implementation of the roadmap once finalized.

Balikbayan Media Center

Balikbayan Magazine's Media Center serves an audience in 60 countries and 101 cities throughout the World to ignite, drive, and fuel the economic development, progression, and modernisation of the Philippines. Our Media Center curates only the most critical, vital, useful, entertaining, and sometimes amusing information released from both the public and private sector. Our editorial team strongly believes that a well-rounded and well-informed society is a thriving society.

Related Topics
  • Commission on Higher Education
  • Department of Agriculture
  • Department of Education
  • Department of Information and Communications Technology
  • Department of Science and Technology
  • Department of Trade and Industry
  • National Economic and Development Authority
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