The Department of Science and Technology (DoST) formally launched the PROPEL Business Hub and Exhibit Center at the PROPEL Hub-Executive Lounge, DoST Complex alongThe Department of Science and Technology (DoST) formally launched the PROPEL Business Hub and Exhibit Center at the PROPEL Hub-Executive Lounge, DoST Complex along

PROPEL Business Hub opens to drive commercialization of Filipino innovations

2026/05/04 00:04
2분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 crypto.news@mexc.com으로 연락주시기 바랍니다

The Department of Science and Technology (DoST) formally launched the PROPEL Business Hub and Exhibit Center at the PROPEL Hub-Executive Lounge, DoST Complex along General Santos Avenue in Taguig City, establishing a collaborative space aimed at accelerating the commercialization of Filipino innovations and strengthening the country’s science, technology, and innovation (STI) ecosystem.

The PROPEL Business Hub is envisioned as a dynamic platform that brings together startups, innovators, scientists, experts, and research institutions, enabling stronger collaboration and bridging the gap between discovery and deployment. It serves as a venue where research outputs can be transformed into market-ready solutions through access to shared facilities, advanced equipment, and technical expertise.

Dr. Napoleon K. Juanillo, Jr., Assistant Secretary for Technology Transfer, Communications, and Commercialization, emphasized that the hub stands as a platform for turning possibilities into reality by connecting innovators with the scientific community and providing an environment that fosters collaboration and technology development.

Meanwhile, Dr. Renato U. Solidum, Jr., Secretary of the Department of Science and Technology, highlighted that the initiative enables researchers and startups to benefit from mentorship, incubation, and acceleration programs, while also opening opportunities for industry matching and technology pitching. He underscored the importance of promoting regional strengths across priority sectors such as agriculture, marine resources, advanced manufacturing, health technologies, and renewable energy.

The DoST chief further noted that the establishment of the hub reflects the agency’s firm commitment to move beyond research publication toward full commercialization. By strengthening linkages among government, academe, industry, and investors, the PROPEL Business Hub helps build a seamless pipeline from ideation and validation to prototyping, production, and global competitiveness.

With the launch of the PROPEL Business Hub and Exhibit Center, the DoST reinforces its goal of ensuring that Filipino innovations do not remain on shelves but are translated into real-world applications that drive inclusive economic growth and national development.


SparkUp is BusinessWorld’s multimedia brand created to inform, inspire, and empower the Philippine startups; micro, small and medium enterprises (MSMEs); and future business leaders. This section will be published every other Monday. For pitches and releases about startups, e-mail to bmbeltran@bworldonline.com (cc: abconoza@bworldonline.com). Materials sent become BW property.

시장 기회
Spacecoin 로고
Spacecoin 가격(SPACE)
$0.007829
$0.007829$0.007829
-1.92%
USD
Spacecoin (SPACE) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, crypto.news@mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

KAIO Global Debut

KAIO Global DebutKAIO Global Debut

Enjoy 0-fee KAIO trading and tap into the RWA boom