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List of Pulled-Out SETUP Equipment Available for Acquisition

CLUSTER QTY NAME OF EQUIPMENT DATE ACQUIRED ACQUISITION COST (Php) ESTIMATED USEFUL LIFE DATE PULLED-OUT ASSESSED VALUE ON DATE PULLED-OUT ESTIMATED REMAINING USEFUL LIFE REMARKS
PAMAMARISAN 1 Emroidery Machine Single Head,10 needles September 21, 2018 746,945.00 10 years/120 months October 21, 2020 384,554.18* 7 years and 11 months Available
PAMAMAZON 1 Emroidery Machine, 15 Heads June 28, 2019 996,800.00 10 years/120 months December 4, 2020 590,869.10* 8 years and 7 months Available
PAMAMAZON 1 Sublimation Printer, 44 inches July 18, 2019 428,000.00 10 years/120 months December 4, 2020 255,439.11* 8 years and 8 months Available
PAMAMAZON 1 Rotary Heat Press July 18, 2019 448,000.00 10 years/120 months December 4, 2020 267,507.41* 8 years and 8 months Available


Who may apply?

The program is open to:
   ·Any company or individual firm based in the Philippines and wholly owned by Filipino citizens;
   ·Any micro, small and medium-scale business firm that can be classified under the identified priority sectors; and
   ·An individual firm willing to apply technological improvements to existing operations.

What are the requirements?
The following are the requirements that an applicant has to submit to avail of SETUP funding support on technology acquisition and equipment upgrading:
  1. Comprehensive project proposal. (Technical Aspects, Marketing Aspect, Management /Administrative Aspect, Financial Aspect, Waste Disposal);
  2. Proponent's letter of interest to avail of financial assistance, stating commitment to repay;
  3. Copy of business permits and licenses from relevant LGUs and other government offices;
  4. Financial statements of the past three (3) years for the company/ beneficiary duly signed by a Registered Accountant/Auditor;
  5. Projected financial statements for the next five (5) years;
  6. Certificate of Registration of Business Name with DTI, SEC or CDA.
  7. Board resolution authorizing the borrowing and designating the authorized signatories for the financial assistance (if applicable);

How to apply?
Interested customer/s may send a letter of interest to avail of the SETUP assistance together with the requirements to:
  Jose B. Patalinjug III
  Regional Director
  Department of Science and Technology-National Capital Region
  DOST Compound, General Santos Avenue,
  Bicutan, Taguig City