Agri-tech projects to get funding support from NEDA – Palace
Malacañang recently welcomed the approval of P100 million in funding allotment for 25 innovation projects, including several agri-tech solution initiatives.
In a statement, Communication Secretary Cheloy Garafil said the agri-tech solution projects that would receive funding support from the National Economic and Development Authority (NEDA) would help increase food productivity in the country.
She made the statement a day after the NEDA announced that its National Innovation Council Executive Technical Board approved the allocation of P100 million for 25 innovation projects under the agency’s 2023 Innovation Grants.
“The 2023 Innovation Grants project is aligned with the efforts to promote local innovation in national development and sustainable economic growth, as outlined under the Republic Act 11293 or the Philippine Innovation Act,” Garafil said.
She noted that the Alternative Onion Storage System using the Controlled Temperature and Automatic Air Flow Mechanism proposed by the Occidental Mindoro State College is among the agri-tech solution projects that will get funding assistance.
“The ‘Alternative Onion Storage System using Controlled Temperature and Automatic Air Flow Mechanism’ provides for the construction of a warehouse equipped with an air blow storage system, which offers an alternative method to prolong the life span of onions,” she said.
The Samar State University’s Project Geomap: Geospatial Mapping and Information System for Precise Farming and Smart Agriculture, as well as Eastern Visayas State University’s TABU: A Mobile Application as an E-commerce Tool for the Agricultural Industry in Eastern Visayas, also made the list of the 25 approved projects.
The Philippine Rice Research Institute’s proposed Artificial Intelligence for impact-based forecasting and early warning system for inclusive finance and strengthening of local economic development in Ricebased Farming Communities was also among the approved agriculture-centered proposals.