Government research personnel train on financial viability and profitability analysis of new technologies and enterprises

15 June 2017

Dr. Gil C. Saguiguit, Jr. (center) with the participants of the training, DA-BAR technical staff, financial viability project consultants, and SEARCA PDTS representatives.

LOS BAÑOS, Philippines - The Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), in partnership with the Department of Agriculture-Bureau of Agricultural Research (DA-BAR), conducted the training course on Financial Viability and Profitability Analysis of New Technologies and Enterprises under the High Value Crops Development Program held on 5-9 June 2017 at the SEARCA headquarters. This activity is the first in a series of training courses under the DA-BAR-funded project "Financial Viability and Profitability Analysis of New Technologies and Enterprises under the High Value Crops Development Program."

Dr. Gil C. Saguiguit, Jr., SEARCA Director, gives his welcome remarks. The training course was conducted to provide research personnel of various academic and research institutions the capability of conducting financial viability and profitability analysis of new technologies and enterprises. The major topics covered were cost and return analysis, partial budget analysis, break-even analysis, and financial cash flow analysis.

A total of 18 participants composed of the DA-BAR technical staff, chairman/manager of organizations, local government unit staff, and personnel from state universities and colleges involved in 12 selected projects funded by DA-BAR and are familiar with the financial aspect of their respective projects attended the training. The following are the projects:

A Study in the Production and Commercialization of Coconut Sap Sugar
Adoption and Utilization of Nipa Palm Sugar Processing Technology
Commercialization and Promotion of Processing Potato Varieties Thru Rapid Multiplication Technique in Potato Growing Areas
Development of Emerging Products, By-Products and Technologies from Philippine Carabao Mango
Development of Mangifera Liqueur Towards Commercialization
Enhancing Competitiveness of Queen Pineapple in the Bicol Region
Enhancing Soybean Production and Processing Technology Utilization in Support to Development of Existing and Expansion Areas of Region 2
Packaging/Labeling Improvement and IPR-Registration in Support to Promotion and Commercialization of Vegetable and Protein-based Gourmix Product in Region 2
Production and Processing of Premium Quality Coffee Liqueur and Packaging Development for the Niche High-End Market
Sapinit (Rubus rosifolius) Production and Utilization Project Phase I
Technology Commercialization of Cashew-based Production/Agri-based Enterprise Development Project
Utilization of Batuan [Garcinia binucao (Blanco) Choisy] into Value Added Products

Ms. Evelyn H. Juanillo, DA-BAR Executive Assistant, delivers the opening remarks on behalf of Dr. Nicomedes P. Eleazar, DA-BAR Director. The Project Team is composed of Dr. Corazon T. Aragon, Project Leader, and Dr. Cesar B. Quicoy, Financial Viability Expert, who served as the lead lecturers during the training. Other members of the Project Team are Mr. Bates M. Bathan, Training Facilitator, and Dr. Antonio Jesus A. Quilloy, Training Manual Designer, who served as facilitators.

The activity was spearheaded by the SEARCA Project Development and Technical Services (PDTS) led by Dr. Lope B. Santos III, Program Specialist and Officer-in-Charge; Ms. Nancy M. Landicho, Program Specialist; and Ms. Imelda L. Batangantang, Program Associate. Ms. Maribel B. Almanza, Project Coordinator, and Mr. Jerrel Edric B. Mallari, Project Assistant, provided technical and logistical assistance in the training. (MBAlmanza)