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    Date: 2024-01-26 08:01:01.198620

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RA7459 - Invention Guarantee Fund (IGF)

Requested by W. Chua at 08:01 AM on Jan 26, 2024.
Purpose: To encourage Filipino Inventors to avail Government incentives and promote locally grown technology
Date of Coverage: 04/28/1992 - 01/26/2024
Tracking no: #DBP-299810400996

Chua 08:01 AM, Jan 26, 2024

Reference to RA7459, Development Bank of the Philippines are to receive a deposit of 10,000,000.00 Philippine pesos annually.   Interest of the annual deposit will be used to finance and guarantee loan assistance and awards and other incentives for qualified Filipino Inventors.

1. How much is the accumulated 10M annual deposit?

2. Names of Filipino Inventors and their inventions that was able to avail of the IGF.

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