Deadline: 31 October 2024
The National Economic and Development Authority (NEDA), as Secretariat to the National Innovation Council (NIC), invites eligible government entities to submit proposals for innovation programs, activities, and projects (PAPs) to be funded under the 2024 Innovation Grants.
This initiative aims to promote innovation as a key driver of national development and economic growth, particularly in supporting marginalized communities and integrating micro, small, and medium enterprises in domestic and global supply chains as provided under Republic Act No. 11293, otherwise known as the Philippine Innovation Act.
Types of Proposals
- Pre-commercialization, Commercialization, or Diffusion of Innovations: Proposals that focus on developing and refining innovative products, technologies, or services to prepare them for market readiness while minimizing risks before full-scale commercialization. This includes support for the commercial production and transfer of these innovations, as well as efforts to promote their adoption within target markets or communities.
- Innovation Facilities and Services: Proposals that focus on creating or improving physical spaces, resources, and support programs that promote innovation. These initiatives should aim to provide services for entrepreneurial activities, facilitating the successful transfer of innovative ideas across markets.
- Innovation Culture Promotion and Capacity-Building: Proposals that aim to foster a culture of innovation and strengthen the innovation ecosystem. This includes educational programs, capacity-building activities, trade exhibits, expositions and missions, and other networking activities for collaborative partnerships.
- Innovation Policy and Administration: Proposals that focus on developing and implementing innovation policy solutions, regulatory measures, digital information initiatives, and other public administration innovations. These projects should aim to enhance the efficiency, productivity, and quality of public services.
Funding Information
- Special Provision No. 5 under the FY 2024 General Appropriations Act appropriates PHP 100 million for the issuance of grants for innovation PAPs.
Eligibility Criteria
- The following are the eligibility requirements in accessing the 2024 Innovation Grants:
- For the Program Project Proposal
- General objectives and expected outputs and outcomes of the proposal are aligned with and contributory to the goals outlined in the National Innovation Agenda and Strategy Document, Philippine Development Plan, and for those with local and regional in scope, the Regional Development Plan; and
- No duplication with completed and ongoing publicly funded PAPs.
- For the Implementing Entity
- Must be a government agency, including departments, bureaus, offices, other instrumentalities, SUC, public school, GOCC, or LGU, including LUC;9
- Must be able to issue an Official Receipt (OR), electronic OR, or electronic Acknowledgement Receipt for the receipt of funds;
- Authorized to receive funds and or collect revenues;
- For SUCs, GOCCs, and LGUs, must have an authorized trust fund account to serve as the depository account for the grant funding;
- For NGAs and public schools, must have an organization code based on the Unified Account Code Structure and an existing Modified Disbursement System trust account;
- For those who previously received funding under the 2022 and 2023 Innovation Grants, they must be cleared of all physical and financial accountabilities from completed projects; and
- For those with an identified private enterprise or partner, they must ensure that the private enterprise or partner’s incorporators, organizers, directors, or officers are not agents of, or related by consanguinity or affinity up to the fourth civil degree, to the implementing entity officials and project team members.
- For the Program Project Leader
- Must be a Filipino citizen of legal age;
- Must hold a permanent or regular position and not due to retire during the period of implementation;
- Must not have been found guilty of administrative or criminal case, including those under appeal; and
- Must not be an agent of or related by consanguinity or affinity up to the fourth civil degree to NEDA officials and technical staff authorized to process and or approve the proposal, Memorandum of Agreement (MOA), and process the release of funds.
- For the Program Project Proposal
For more information, visit NEDA.