Press Release
August 24, 2016

Bam pushes for support for Filipino scientists, business startups

Senator Bam Aquino calls on concerned government agencies to provide necessary support to Filipino scientists to boost the country capability in terms of research and development.

"We want to make sure na ang ating Filipino scientists, hindi lang sila makabalik dito at magkaroon ng opportunities sa ating bansa bagkus pati iyong mga nandito hindi na kailangan lumabas ng Pilipinas," said Sen. Bam during the hearing of the Committee on Science and Technology which he chairs.

Aside from enticing Filipino scientists to return to the country, concerned government agencies must give them more opportunities to thrive through proper benefits and other forms of support.

Sen. Bam said his committee will focus on the passage of Senate Bill No. 679 or the Magna Carta for Scientists to help address the issue.

Aside from the plight of Filipino scientists, the hearing also tackled the measure providing necessary support for business startups to thrive and compete in the market.

"Nakita natin na full support ang DOST, ang DTI, all of the agencies are fully supportive of this bill. This will hopefully unlock our digital startup community," said Sen. Bam of his Senate Bill No. 175 or the Innovative Startup Act.

Among those who expressed support for the bill were Department of Science and Technology Secretary Fortunato dela Pena, other government officials and private stakeholders.

"Maraming startup sa ating bansa na magagaling. They have very good ideas pero nasasayang dahil nahihirapan magsimula ng negosyo at nahihirapan sa mga regulasyon," said Sen. Bam.

If enacted into law, Sen. Bam said the Innovative Startup Act will make it easier for tech startups to set up and build successful businesses in our country.

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