The Technology Application and Promotion Institute of the Department of Science and Technology has fully implemented the Level-up Innovation Government Support for Technologies against the Spread of Covid-19 program (Ligtas Covid-19).
The program is in line with the Bayanihan to Heal as One Act that liberalizes the grant of incentives for the manufacturing or importation of critical equipment and supplies related to activities that respond to mitigating the risks against Covid-19.
Ligtas Covid provides financial assistance to MSMEs to enable them to acquire raw materials for the production of essential products used against the spread of the deadly virus.
The assistance provides as much as P1 million per proponent provided that the proponent shoulders at least 30 percent of the total project cost.
One of the beneficiaries under the program is Prime Innov8 Manufacturing Co. that produces disinfectants.
In 2020, six projects were given financial support with an approximate aggregate amount of P8M.
Ligtas Covid-19 Program is now accepting project proposals for 2021.
For more details, visit https://drive.google.com/file/d/1Vr9SMO_tlgaofd9YZlgW6J6z2SAiwWVA/view or contact 8837-2071 local 2157 and email [email protected] – Press release