VENTURE FINANCING Program
VENTURE FINANCING Program
aims to push and accelerate the commercialization of new and emerging technologies
FINANCIAL ASSISTANCE COVERAGE
Who are eligible?
Juridical entities cooperatives/corporations
Capability to provide 30% equity of project cost
Feature of the Project
Technological Advantage1
Socio-economic benefits
Increase in production efficiency
High rate of return on investment
2
3
4
Environmental Integrity5
• Food Processing
• GTH• Biotechnology• IT/Electronics
• Metals and Engineering
• Herbal/Organics in Agriculture
• Environmental/Energy
• Other Cutting-edge Technologies
PRIORITYAREAS
Technical Evaluation Committee (TEC)
• composition: TAPI, RDIs/Councils, Academe, Private Sector
• composition: TAPI, RDIs/Councils, Academe, Private Sector
assess the technology
submitted for funding
assess the technology
submitted for funding
Project Evaluation Procedure
CRITERIA FOR SELECTIONCRITERIA FOR SELECTION
Technical Viability
Market Acceptability
Financial Profitability
Sound Management/Administrative System
Socio-economic Impact
• (70)% of project cost (seed money)
• 30% to be shouldered as proponent equity
maximum of 1.5 million/project