Republic Act 11293 Philippines

DTI Innovation Law-min

DTI Seeks Early Release of ₱300-M Fund For Innovation Law

The Department of Trade and Industry (DTI) is proposing the early release of at least 20% of the annual budget of a new law, Republic Act 11293 or the Philippine Innovation Act, to be used as revolving fund for the agency’s efforts next year in assisting micro, small and medium enterprises (MSMEs) with helping the poor and marginalized through tech innovation.