To further strengthen the startup ecosystem of the country, the Department of Science and Technology – Philippine Council for Industry, Energy and Emerging Technology (DOST-PCIEERD) invested P120 million, through the Regional Startup Enabler for Ecosystem Development (ReSEED) Program, to support DOST PCIEERD-funded Technology Business Incubators (TBIs) in leading the establishment and formalization of startup ecosystem consortium in each region  

The program aims to reach partners and innovators in the regions in the Philippines to actively participate in the action to bolster and produce startups that are fundable by investors, as well as the government.   

“The key to national development is regional empowerment. Strengthening our startup ecosystems around the country will provide the second wind we need to soar high in the coming years.”