By Roy Mabasa
The United States Embassy in the Manila, through the U.S. Agency for International Development (USAID), on Thursday announced a P250-million three-year extension of USAID’s Science, Technology, Research, and Innovation for Development (STRIDE) project.
In a statement, the US Embassy said the additional assistance aims to expand collaboration between government, industry, and academia on initiatives that promote innovation and support inclusive growth.
This brings the total USAID investment in the innovation sector to nearly P2 billion since 2013.
The project extension was announced at the Department of Trade and Industry’s (DTI) Inclusive Innovation Conference in Pasay City with more than 250 representatives from government, universities, and the private sector in attendance.
“USAID is a close partner of the Philippine government in investing in human capital development and employing science, technology, and innovation to bolster growth,” said USAID Mission Director Lawrence Hardy II.
The USAID launched STRIDE in 2013 to boost the Philippines’ capacity for innovation-led inclusive economic development.
STRIDE has forged partnerships with over 380 industry partners, 110 Philippine academic institutions, and 25 US universities in the past five years.
It has also developed a network of researchers and entrepreneurs, established career centers at Philippine universities, advanced high-growth sectors, and created employment opportunities.
Under the STRIDE project, the US government has awarded scholarships for 57 Filipinos to study at US universities and issued 68 grants valued at over P270 million to provide advanced technical training to Filipino scientists and researchers in support of innovation.
In the next three years, the project will facilitate greater collaboration among key government agencies and helping partner universities share their knowledge and best practices with other Philippine universities.