Philippine Development Foundation Competitors

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Originally established as the National Science and Development Board (NSDB) on 13 June 1958, it was reconstituted as the National Science and Technology Authority (NSTA) on 17 March 1981 with the vision of "A competent and competitive science and technology community with a social conscience." MISSION To direct, lead, and coordinate the country’s scientific and technological efforts geared towards maximum economic and social benefits for the people. LONG-TERM VISION The DOST is the “provider of world-class scientific, technological and innovative solutions that will lead to higher productivity and better quality of life.” INTERMEDIATE VISION The DOST as a leading ASEAN Science, Technology and Innovation Hub by 2022. MANDATE Executive Order No. 128 mandates the Department to “provide central direction, leadership and coordination of scientific and technological efforts and ensure that the results therefrom are geared and utilized in areas of maximum economic and social benefits for the people”. Function - Formulate and adopt a comprehensive National Science and Technology Plan, and monitor and coordinate its funding and implementation; - Promote, assist and, where appropriate, undertake scientific and technological research and development in areas identified as vital to the country's development; - Promote the development of indigenous technology and the adaptation and innovation of suitable imported technology, and in this regard, undertake technology development up to commercial stage; - Undertake design and engineering works to complement research and development functions;

QBO is the Philippines' first public-private partnership platform for Filipino startups created through the collaboration of IdeaSpace, J.P. Morgan, the Department of Science and Technology (DOST), and the Department of Trade and Industry (DTI). It is an "innovation hub," or a venue to facilitate connections among relevant stakeholders in the Filipino startup ecosystem. QBO has three objectives: (1) provide startups with access to capital, resources, information, and expertise; (2) develop the entrepreneurial talent pool; and (3) create successful startups through customized programs that accelerate growth. Spurred on by the vision of Filipino startups changing the world, QBO aims to develop the Philippines as a center for innovation and unleash the potential of an entrepreneurship-driven economy as a means to nation building, sustainable development, and inclusive growth.