The idea of the Project Match partnership is to create a community wherein micro, small, & medium enterprises and start-up companies will be connected to increase revenue and reduce the cost of MSMEs with the use of digital tools. Likewise, generate traction/sales and data for start-ups, educate and level up the knowledge of entrepreneurs on finance, and provide access to financial resources.
With this in mind, a Memorandum of Understanding was virtually signed between UP Visayas through its Coastline 5023: DOST PCAARRD-UPV Fisheries Technology Business Incubation office and StartUp Village (SUV), on January 24, 2022, for Project Match.
SUV is a one-stop start-up enabler that enables and supports start-ups to bring their unique ideas to reality. It helps connect great ideas or great people to potential mentors, clients, partners, and investors.
Match is a project of StartUp Village (SUV) together with the United States Agency for International Development (USAID) under the Delivering Effective Government for Competitiveness and Inclusive Growth (DELIVER) Project.
CL5023 FTBI is a technology transfer and business development project approved and funded by DOST-PCAARRD (CY 2020 PCAARRD Disaggregated Funds). It is mandated to promote and create businesses through technology business incubation process in the field of fishery and ocean sciences and other related fields of sciences.
During the virtual signing, SUV was represented by its President, Carlo Edmund C. Calimon, while Chancellor Clement C. Camposano represented UPV.
Also present online were Dr. Richard Abendan of USAID DELIVER Project, which assists the Philippines government in forging partnerships with the private sector, civil society, industry players, and other development stakeholders. Both organizations are working together to help promote economic competitiveness and inclusivity to boost trade, investment, and productivity.
Other representatives from both parties also witnessed the virtual MOU signing.
The partnership between SUV and CL5023 FTBI intends to reinvigorate the Philippine economy, which has declined due to the pandemic. (With sources from CL5023 FTBI)