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Accenture awards P80 million in grants to amplify innovation in 10 PH academic institutions

Accenture (Philippines), a consulting and professional services company, presented its 10 partner universities and academic institution with P80 million in grants to enable them to accelerate technological innovations.

Institutions that already have IT programs in place as well as involved in boosting the Philippine startup ecosystem qualified for the grant.

“We are looking at greater adoption of different technologies such as the cloud, the Internet of Things, blockchain, cybersecurity, and 5G, among others,” said Arvin Yason, Innovation lead for Accenture Technology in the Philippines. “We also expect to see developments in varied applications, multi party systems and expanding the use of analytics and artificial intelligence.”

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Yason explained that Accenture will be working with the chosen institutions to improve the content of the curriculum, fund some research and publication of thought leadership, as well as look at other activities that will drive adoption of these technologies in the academe and the startups.

Accenture divided the grants into focus areas: emerging technologies, inclusion and diversity, and sustainability.

The recipients are:

  1. Adamson University Technology Business Incubator for Neo-Environmental Science and Technology
  2. Asian Institute of Management – Dado Banatao Incubator
  3. Ateneo de Manila University — Ateneo Blockchain Labs and Ateneo Innovation Center
  4. De La Salle University – College of Saint Benilde – Hub of Innovation for Inclusion and DLSU Animo Labs Foundation Inc.
  5. FEU Institute of Technology
  6. Miriam College – MC Technology Business Incubator
  7. Technological Institute of the Philippines – Nurture Innovation Technology Revolution Office (T.I.P. NITRO)
  8. University of Santo Tomas — College of Information and Computing Sciences and UST DOST- TOMASInno Center
  9. University of the Philippines Engineering Research and Development Foundation Inc.
  10. University of the Philippines Sustaining Collaboration in an Advanced Learning Environment ​(UPSCALE)

Diversity and sustainability

Aside from boosting the potential of emerging technologies, Accenture will support programs that aim to create cross-industry platforms that use advanced technologies to support sustainability in the Philippines and developing countries.

Yason also emphasized the goal of Accenture to promote equality in the technology industry with programs aimed at women empowerment and providing equal opportunities for people with disabilities.

“By continuing our collaboration with leading universities and academic institutions in the Philippines, we are helping to boost the local innovation ecosystem,” said Ambe Tierro, Accenture’s Technology lead in the Philippines, Africa and Asia Pacific. “By supporting on-campus labs and incubators that are embarking on initiatives to accelerate the use of new technologies, develop more sustainable business practices, and foster a more inclusive culture in the technology field, we are helping to nurture the next generation of Filipino technologists that will solve complex business and social challenges in the future.”