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
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

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.

Market Opportunity
Spacecoin Logo
Spacecoin Price(SPACE)
$0.008343
$0.008343$0.008343
-1.35%
USD
Spacecoin (SPACE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Trump's allies set a trap — don't fall for it

Trump's allies set a trap — don't fall for it

Friends,When I was very young and frustrated about one thing or another, my mother reassured me that “everything works out in the end.”Her optimism used to drive
Share
Rawstory2026/05/11 05:32
Adoption Leads Traders to Snorter Token

Adoption Leads Traders to Snorter Token

The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/
Share
BitcoinEthereumNews2025/09/17 23:45
Why Ethereum Took a Bigger Hit Than Bitcoin After Trump’s Iran “Stone Ages” Speech

Why Ethereum Took a Bigger Hit Than Bitcoin After Trump’s Iran “Stone Ages” Speech

The post Why Ethereum Took a Bigger Hit Than Bitcoin After Trump’s Iran “Stone Ages” Speech appeared first on Coinpedia Fintech News While the entire crypto market
Share
CoinPedia2026/04/02 17:45

KAIO Global Debut

KAIO Global DebutKAIO Global Debut

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