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Transformative synergy: DTI and BCYF’s commitment to MSMEs

The Department of Trade and Industry (DTI) and the Benita & Catalino Yap Foundation (BCYF) have joined forces to bolster innovation support for micro, small, and medium enterprises (MSMEs) in the Philippines.

On Tuesday (November 21), representatives from DTI and BCYF formally entered into a memorandum of agreement focused on fostering innovation and entrepreneurship.

DTI Secretary Alfredo Pascual affirmed the agency’s unwavering commitment to empowering MSMEs through digitalization and innovation initiatives grounded in science, technology, and innovation (STI) approaches.

“Employing a comprehensive government strategy, we are actively collaborating with both public and private sectors to elevate the competitiveness of our MSMEs and streamline their integration into the global market,” he said.

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