Posted on Leave a comment

DOST: Avail of the Half a Million Grant for Technology Advancement

By: Elena Grace Flores

DOST Director, Edilberto L. Paradela inspires innovation players to help enhance the skills of Generation Z for the 21st century jobs. He urges businesses to help transfer their science, technology and other skills to the workforce. Paradela announces that a legal entity with this purpose can avail of the grant from the Department of Science and Technology. The half a million pesos budget for each innovative business are at stake.

YouTube video by Elena Grace Flores
The DOST Supports Innovative Projects to Transfer Skills

Local Technology Skills Know-how Essential

According to a recent study, the technology, media and communications industries are expected to be the worst hit by talent shortage across the globe. This is where most skills in technology are neeeded. On top of that, concentration of innovative companies is in Metro Manila. It further worsens the situation. For example, many IT industry players focus their operations on the National Capital Region (NCR). This is despite the fact that cities and even provinces outside the NCR have many IT professionals. Therefore, non-IT graduates elsewhere must get the skills needed through specialized trainings.

Job-Education Mismatch

The mismatch between job requirements and available skill set, and gaps in education and training have been identified as among the major challenges faced by the country today. Many sectors like RAFI tries to bridge the gap. However, the need is very urgent. Therefore, the participation of each business is crucial to equip the workforce with advanced technology skills for the 21st century jobs.

Mandate of the DOST

DOST Region 7 Director, Paradela clarifies that they are not trying to meddle with the affairs of the Department of Education. Instead, their campaign is to support skills training facilities that could provide the necessary know-how to the working class. This way, the local community residents won’t have to migrate to the capital or overseas to get a good-paying job. Such a remedy is the most ideal strategy in terms of nurturing families.

DOST Region 7 Director Paradela clarifies that they are not meddling with the tasks of the Department of Education that was hit by

Half a Million Pesos Support

Director Paradela then announces at the 888 News Forum, Marco Polo Hotel that a half a million pesos budget per business is at stake to legally registered entities that can provide innovative skills training to their target workforce. To avail, a company, cooperative or training school can request for the equipment and infrastructure needed worth Php 500,000 from the department. One should know the support of the government in this area, he added.