SPIK, BOI, DOST-ITDI and DLSU Convene to Discuss Procedural Clarifications on R&D Funding - SPIK
SPIK, BOI, DLSU & DOST-ITDI discuss R&D funding procedures and timelines to align with project development goals.
R&D funding, DOST ITDI, SPIK, BOI, DLSU, project timelines, research and development, government funding, project submission
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R&D Funding

SPIK, BOI, DOST-ITDI and DLSU Convene to Discuss Procedural Clarifications on R&D Funding

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In a strategic partnership, the Samahan sa Pilipinas ng mga Industriyang Kimika (SPIK), Board of Investments (BOI),  De La Salle University (DLSU) and the Department of Science and Technology Industrial Technology Development Institute (DOST ITDI) conducted a Small Group Discussion and Stakeholders Consultation on July 9, 2025. Engr. Albert Samuela, Vice President of SPIK, facilitated the session.

The goal of the meeting is to clarify the procedural steps and timelines for submitting new projects to DOST—particularly ITDI—for research and development work and government funding endorsement. The team aims to assess how this funding route aligns with the project’s development timeline, including submission schedules, approval periods, and release of funds. A realistic evaluation is needed to determine whether DOST funding can support the intended project milestones. If timelines are misaligned and would delay implementation, the project may instead rely solely on company sponsorship.