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Section 1
Presidential Filipinnovation Awarrds
Section 1.
Presidential Filipinnovation Awarrds.
The NRIAC or the Filipinnovation Awards, which shall now be known as the "Presidential Filipinnovation Awards." is an annual competition that aims to recognize enterprises and individuals with innovative products or services that are Filipino-owned and -registered, and currently at early-stage commercialization. The Presidential Filipinnovation Awards shall highlight local talent in order to amplify the impact of innovations in the country's economic development.
Section 2
Conferment of the Award
Section 2.
Conferment of the Award.
The Presidential Filipinnovation Award shall be conferred by the President or the Executive Secretary, "By Authority of the President."
The Presidential Filipinnovation Award shall be in the form of medallion and plaque containing the President's seal, citation, and signature. The recipients of the Award shall also receive a grant and/or support, which may be in the form of mentorship, coaching, or participation in international events, to assist them in showcasing their innovations.
Section 3
Selection Committee and Board of Judges
Section 3.
Selection Committee and Board of Judges.
The NIC shall constitute a Selection Committee that shall administer the annual search for and lead the selection of the members of the national and sub-national Board of Judges. The Board of Judges shall be tasked to review and assess entries in the Presidential Filipinnovation Awards, provide feedback, and score said entries based on the criteria provided by the NIC.
The NIC, the Selection Committee, as well as the national and sub-national Board of Judges, shall ensure transparency and fairness in the conduct of all activities and processes related to the Presidential Filipinnovation Awards.
Section 4
Implementing Guidelines
Section 4.
Implementing Guidelines.
Within fifteen (15) days from the effectivity of this Order, the NIC shall formulate and issue the necessary guidelines for the effective implementation of this Order.
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Said guidelines shall include, among others, the mechanics, stages, and processes for the conduct of the Presidential Filipinnovation Awards, criteria for the selection and the corresponding awards and incentives for the recipients of the Presidential Filipinnovation Award, as well as duties and functions of Selection Committee and Board of Judges.
Section 5
Funding
Section 5.
Funding.
The initial funding requirements necessary for the implementation of this Order shall be charged against the respective appropriations of the member-agencies of the NIC. Thereafter, the funding requirements necessary for the continued implementation of this Order shall be included in the budget proposal of said agencies, subject to the usual budget preparation process.
Section 6
Separability
Section 6.
Separability.
If any part or provision of this Order is held invalid or unconstitutional, the provisions not affected thereby shall remain in full force and effect.
Section 7
Repeal
Section 7.
Repeal.
All orders, rules and regulations, and issuances or parts thereof inconsistent with this Order are hereby repealed, amended, or modified accordingly.
Section 8
Effectivity
Section 8.
Effectivity.
This Order shall take effect immediately upon publication in the Official Gazette or in a newspaper of general circulation.
DONE, in the City of Manila, this 6th day of October, in the year of Our Lord, Two Thousand and Twenty-Five.
(Sgd.)
FERDINAND R. MARCOS, JR.
By the President:
(Sgd.)
LUCAS P. BERSAMIN
Executive Secretary