00:00The Department of Science and Technology continues to assist micro, small, and medium enterprises, or MSMEs,
00:07to improve their products.
00:10This is part of the DOST-NCR's priority under the Small Enterprise Technology Upgrading Program, or SETUP.
00:19Most MSMEs are located here in Metro Manila.
00:24According to DOST-NCR Regional Director Romelyn Cresvales,
00:2811% of MSMEs across the country are in the manufacturing industry.
00:33And from here, 9% of MSMEs in NCR are in the manufacturing industry.
00:40The Technology Acquisition is included in the SETUP.
00:43What is the correct process that should be done and what is the equipment for this.
00:49Also included in the help that is given to MSMEs is consultancy and capacity building.
00:55825 firms are helping by giving funds so that their process can be automated.
01:06Because the government's investment here is big, we really also monitor how it impacts our MSMEs.
01:14And with all the monitoring activities that we were doing,
01:18we saw that this program really created jobs.
01:22More than around 7,000 jobs were created here in NCR.
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