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DOST-ACADEME TECHNOLOGY ENTERPRISE DEVELOPMENT (DATBED) PROGRAM

 

 

PROGRAM DESCRIPTION

 DATBED aims to develop entrepreneurial competencies among students, young professionals including out of school youths in selected academic institutions and non-governmental organizations while at the same time creating income generating projects for the involved institutions.

 OBJECTIVES

STAGE I

  • To train students, young professionals and out of school youths in enterprise development by providing them access to funds, facilities and technologies for technology-based enterprises.
  • To foster stronger DOST-Academe/NGO linkages by tapping available technical services, expertise and facilities in establishing technology based income-generating projects.
  •  
  • STAGE II
  • To provide initial capital to graduate recipients for the full commercialization of their technology based projects.

STAGE I TRAINING OF STUDENTS/OSY/YOUNG PROFESSIONALS

ELIGIBILITY REQUIREMENTS

  1. Academic Institution
  2. Preferably located or providing services to a depressed province;
  3.  Offers tertiary science and technology courses and entrepreneurship development program;
  4. Has a student-faculty ratio of at most 25:1 in the S & T courses and entrepreneurship development program;
  5.  Existing facilities/resources available for use of the proposed technology-based projects.

PROCEDURE FOR AVAILING DATBED SUPPORT

  1.  Academic Institution/Non-Governmental Organization must submit a comprehensive implementing plan for DATBED to the DOST Regional Office for submission to TAPI which must include the following:
  2. TAPI conducts an accreditation process of the school/NGO to assess its capability and availability of resources and facilities to support program implementation.
    1. Data on the school’s resources, particularly in terms of physical, technical and human resources, available to students;
    2. Commitment of the school in terms of availability of a core team of advisers and program management support;
    3. Student-teacher ratio; and
    4. School’s existing curriculum especially related to enterprise development.
    5.  Once accredited by TAPI, the school/NGO identifies the student recipients who prepare a complete business plan/feasibility study for each enterprise with the assistance of the advisers for accuracy. The school’s DATBED management team screens and refines the business plan/feasibility study.
    6. The school endorses viable project proposals to DOST’s Regional Office for evaluation and endorsement to TAPI.
    7.  DATBED Program Manager submits recommendation to TAPI’s Executive Committee for consideration.
    8. If denied, TAPI informs school and the DOST Regional Office.
    9.  If approved, TAPI prepares MOA between school, TAPI and Regional Office covering full fund release to the Regional Office. Regional Office releases funds to the school while the school releases funds to the recipients in tranches based on the project’s requirements.

a.)Organization of a core team of advisers;

b.) Fund management plan;

c) Project management plan;

d) Repayment scheme for recipients;

e) Selection scheme for recipients;

f) Project monitoring scheme;

g) Financial assistance administration and profit-sharing mechanism.

Requirements for Accreditation:

  1. The school must prepare a MOA between the school and recipients indicating among others, the refund schedule for each enterprise.
  2. For Students

SUBMISSION OF PROJECT PROPOSAL

Each application must be accompanied by the following:

a) Bio-data;

b) Advisers acceptance and endorsement to DATBED program;

c) Certification from the registrar of the student’s current status (3rd year or graduating college student);

d) Parent’s consent;

e) Certification of good moral character from three (3) external references.

B. For Out of School Youth and Young Professionals

a) Bio-data;

b) School’s/NGO’s endorsement to DATBED project;

c) Police/NBI clearance;

d) Certification of good moral character from three (3) external references.

REFUND

The financial assistance should be refunded by the recipients through the school/Non Governmental Organization that determines the terms of refund.

GRADUATION FROM THE PROGRAM

After three (3) years of implementation, TAPI will determine whether the institution has successfully implemented the Program. If TAPI’s assessment of the school/NGO’s ability to manage the program is satisfactory, financial assistance to the school/NGO maybe converted into a grant and the school/NGO is given the responsibility to approve subsequent requests if funds will be used for DATBED Program. If the Program fails, the school must refund all unexpended balance for the projects to TAPI.

SUCCESS INDICATORS for End-Of-Program Assessment

Entrepreneurial Development

  • Income-generated for each cycle Interest gained from the seed fund provided by TAPI
  •  Employment-generated

STAGE II: PROVISION OF FINANCIAL ASSISTANCE FOR GRADUATE RECIPIENTS

Institutional Mechanism

TAPI

  1. Conduct final screening of recipients and final evaluation/approval of project proposals/business plans for financial assistance.
  2.  Release funds to DOST Regional Office for approved project proposals/business plans of recipients.
  3.  Monitor funds provided to recipients.
  4.  Provide technical/consultancy assistance to the recipients.
  5.  Provide a maximum of 7.5% of the Total Project Cost to the DOST Regional Offices for managing the funds and monitoring the project.
  6. Release funds to the recipients in tranches based on the project’s requirements.
  7.  Conduct screening of recipients and evaluation of project proposals/business plans submitted by the school thru the Regional Technical Evaluation Committee.
  8. Recommend recipients and endorse viable proposals/business plans to TAPI
  9. Monitor funds provided to the recipients and submit periodic financial and status reports to TAPI.
  10. Provide technical/consultancy assistance to the recipients.
  11.  Conduct initial screening of recipients with the participation of the DOST-PSTD and initial evaluation of project proposals/business plans submitted by DATBED graduate recipients.
  12. Provide technical/consultancy assistance to the recipients for a fee.
  13. Lease facilities to the recipients, if available.
  14. Recommend recipients and endorse viable proposals/business plans to DOST Regional Office.
  15. Academic Institution
    1. Graduate schools under DATBED Program;
    2. Schools with on-going projects but with excellent performance; and
    3. Schools that are willing to screen and evaluate proponents and their project proposals/business plans.
    4. Graduate recipient of DATBED Program from schools that have graduated from DATBED;
    5. Graduate recipient of DATBED Program from schools with on-going projects and with excellent performance;
    6.  Has completed the academic requirements of the school as a graduate of any S & T and Entrepreneurship course; and
    7.  Has shown capability to manage the project on his/her own.
    8. Background

DOST-Regional Office

ACADEME

ELIGIBILITY REQUIREMENTS:

B. Proponent

DATBED PROGRAM IMPLEMENTING PLAN

  • School Profile

-History, Manpower, Faculty, Resources

  • S & T Thrust

-Curriculum

  1. Core Team of Advisers
  • Authority
  • Loads
  • Composition

- S & T, Economics, Marketing

  1. Project Management Plan
  •  Structure
  • Functions
  • Systems

- Approval, Monitoring

  1.  Fund Management Plan
  • Trust Fund
  • Loan Administration
  • Repayment Mechanism
  • Criteria
  • Selection Process
  • Who? What? How? DOST/PSTC
  • Project Proposals
  1. Project Monitoring
  • Assessment

-       How Frequent?

  • Reporting

-       How Frequent?

  1. Repayment Scheme
  • Tenure of Students
  •  Capacity to pay

-Project Cash Flow, Capacity of Students

  1. Project – Sharing Mechanism

BUSINESS PLAN / PROPOSAL FORMAT for DATBED

Section 1. TECHNICAL ASPECT

This aspect identifies the technology involved in producing a certain product. The items that are taken into consideration are the product itself and its advantages over existing products with similar use. This will also identify the source of technology and its commercial viability. Processes in production must be presented in this aspect.

Section 2. MANAGEMENT ASPECT

This includes how the project shall be managed before and during the operating periods, the type of business organization, organizational chart and functions of each unit personnel, skills and numbers of labor required specifying the duties and the time devoted to the project, qualifications, compensations, fringe benefits and facilities. The names of the advisers and student/young professional recipients are to be included in this aspect.

Section 3. MARKETING ASPECT

This section should emphasize the acceptability of the product to both local and foreign markets. The proposal should identify and discuss any safety issues and standard requirements to enhance the project’s competitiveness. This should also state how the proposed project will overcome commercialization problems/pitfalls. Estimated selling price in comparison with the price of existing/competitive products should be discussed. If proposed product will be more expensive than current products, a discussion on why the end-user would buy the product should be included in the proposal. This will include a demand and supply analyses for the past two (2) years as well as the projected production schedule of the project for the next two (2) years. This shall also include the marketing strategy to adapt to position products to achieve market penetration.

Section 4. FINANCIAL ASPECT

This portion covers detailed information on the total project cost, initial capital requirements, sources of financing, financial statements (projected income statement and cash flow statement for 2 years), assumptions as bases for the financial analysis and the financial analysis. It shall also include detailed Line-Item-Budget indicating items to be financed by TAPI and the expenses that indicate the proponent’s counterpart.

Section 5. SOCIO-ECONOMIC IMPACT

Discuss in detail the socio-economic impact that would be derived from the project and the expected output of the project’s objectives. Indicators of performance should be clearly specified to serve basis for monitoring the project.