VENTURE FINANCING Program
Jan 17, 2015
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