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