MOA orientation and awarding of check

 

A Memorandum of Agreement (MOA) Orientation and Awarding of Check was conducted last 13 July 2016 at the Conference Room, TAPI Building, DOST Compound, Bicutan Taguig City. Atty. Maria Lourdes E. Rivera, Corporate Secretary of the Kapfer and Rivera United, Inc. (KRUI) was briefed by Atty. Marion D. Decena, Chief SRS of IDD-TAPI  together with Mr. Jovito Rey E. Gonzales, Division Manager-IBOD and Ms. Maria Theresa A. Sobremisana, Program Manager-VFP regarding the provisions of the MOA for the implementation of the project entitled “Advancement and Growth Through Acquisition of Technology Through DOST-TAPI’s Program” under the Venture Financing Program of the Investment and Business Operations Division (IBOD).

Through the intervention, the company will be able to increase production efficiency and improve the production output from 480 bottles up to 1,400 bottles (291%) of fruit jams (strawberry, mango, pineapple-coco, etc.). The company will be able to introduce a new product line (sachet line) and produce about 10,000 sachets/day per variant. Another goal of the intervention is to provide steady employment to its workers that belong to the marginalized sector in Silang, Cavite.

Aside from the orientation, financial assistance amounting to One Million Sixty Five Thousand Two Hundred Forty Pesos (P1,065,240) was awarded to the proponent for the acquisition of a form fill seal machine, colloid mill and table top filling machine to expand the company’s fruit jam production lines.(Rodel R. Oracion)

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