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PIA Press Release

DOST IV-A to award CO to firms in Laguna, Batangas, Quezon

Lucena City (24 June) -- Dr. Alexander R. Madrigal, regional director of DOST Region IV, will award in rites Certificates of Ownership to three firms soon.

Clarissa A. Cavero, general manager of Guaranfoods Corp. in San Pablo City, Laguna, together with Isableita O. Capistrano, manager owner of Capistrano Distillery in Tayabas, Quezon, and Ranel M. Morada, manager of Morada's Handicrafts in Lipa City, Batangas are now ranked as graduates of the Small Enterprise Technology Upgrading Program (SETUP). DOST Undersecretary Dr. Maripaz L. Perez signed the proof of ownerhip of the equipment to the three firms acquired under their respective projects. The certificate further attests that the recipient firms have fully refunded the financial assistance provided by DOST IV-A through SETUP.

Guaanfood Manufacturing received financial assistance worth PhP1M to acquire an automatic in-line refilling machine for condiments and dressings. It reduced filling time by nearly 50 percent thus shortening working days from six to four. A saving of P.76M resulted in the acquisition of the filling machine.

The Provincial S&T Center in Quezon on the other hand, assisted Capistrano Lambanog Distillery in acquiring a new distillation setup through a P180T financial assistance under the SETUP. The set consist of storage, water, condenser and receiving tanks and cooking vat. Yhr new set of equipment sustains year-round production, as well as increased volume by 20%.

The Morada's Handicrafts through PSTC-Batangas acquired a dry-type spray booth and splitting machine through P150T assistance from SETUP. The S&T center in coordination with the Forest Products Research and Development Institute (DOST-FPRDI) provided the design. The spray booth enabled Morada's to raise its gross income by 33% and penetrate new markets abroad.

The three graduate-firms form the first batch form Region IV to fully refund financial assistance granted through the program. SETUP has granted 28 firms in the CALABARZON Region financial assistance valued at P17.96M. DOST IV expanded its usual target of 14 SETUP projects to 41.

In CALABARZON, provincial S&T officers will implement for this year alone 24 projects worth P18.6M. the food sector will receive the lion's share in financial and technical assistance in Batangas, Cavite, Rizal and Quezon. (DOST/PIA Calabarzon) [top]

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