Third technopark in UP Diliman opens
Posted on July 26th, 2009
A new technopark was opened in the Diliman campus. Last July 22, the DOST-PEZA Open Technology Business Incubator, formally began operations. It is the third technopark inside the UP Diliman campus, and it will cater primarily to technology startups developing software that run on Open Source platforms as well as supported peripherals.
The technopark which is located beside the Advanced Science and Technology Institute (ASTI) office in UP Diliman, shall house 20 locators. At present the technopark already has 11 possible locators which have applied. Its day-to-day operations will be managed by the Technology Resource Center, an office under the Department of Science and Technology (DOST).
Subsidized lease rates, which shall be at P350 per square meter, will be charged to the locators in the technopark. The rate is inclusive of free and basic Internet connectivity per month. Locators will have a maximum residence rule of three to five years. The length of stay is to be determined by the technopark’s management committee.
The new technopark is envisioned to welcome locators who are developing applications on the cutting edge of Open Source technology such as software that rely on the cloud computing model, according to ASTI OIC Peter Banzon. But it would also welcome locators developing bread-and-butter applications such as Open Source software for accounting and human resource administration.
Locators are also said to acquire export zone authority privileges, said Philippine Export Zone Authority Director Atty. Lilia de Lima. These privileges include tax exemptions, which would be granted as soon as certain legal issues were cleared.
