Sunday, November 16, 2014


"..My warmest greetings and congratulations to the convenor of this event, the FILIPINO INVENTORS SOCIETY PRODUCERS COOPERATIVE (FISC), in coordination with the Department of Science and Technology.

We, at CDA (Cooperative Development Authority) applaud the holding of this event, the NATIONAL INVENTORS WEEK, which seeks to accentuate further the invaluable contributions of all Filipino inventors to the nation's progress.


 Today, I say with enthusiasm that cooperatives, as engines of economic growth, play crucial role in the attainment of inclusive growth.  This is because a cooperative is composed of common "tao", but bound by the strong communal traits of self-help and cooperativism.  One good and notable example is this FILIPINO INVENTORS COOPERATIVE.


The COOPERATIVE DEVELOPMENT AUTHORITY or CDA is constantly in support of all plans and programs for the development of the cooperative sector, which is why the CDA inked a memorandum of agreement  with FISPC on the promotion, marketing and display of indigenous, home-grown and locally-developed products of cooperatives.

Part of the MoA states that it is the responsibility of the CDA  to "..establish linkages between the FISPC and other cooperatives for the latter to become dealers or distributors of the former's products.."


The CDA already has existing partnerships with various cooperatives and stakeholders and in support of this MoA, we will establish more linkages to assist in what was agreed upon in the said MoA.

May I also impart to the audience present here today the plan and programs of the CDA for the co-op sector - it is called "CDA Vision 2020:  A Radiant Agency Implementing an Integrated and Comprehensive Plan for Cooperatives."


This CDA Vision 2020 is the proposed medium-term plan for the agency for the period 2015 to 2020.  The Plan seeks to have an efficient and effective delivery system of government programs and initiatives to cooperatives; upscale the status and performance of micro and small cooperatives and ensure that all cooperatives are complying with the existing laws, rules and regulations on cooperatives.

By the end of 2020, we expect that the private cooperative sectors are adequately guided by government policies and programs on cooperatives.


This morning, experts are here today, and I think that ultimately, the solution is, people should not sit down, so we can continue to learn something new.  Your society considered as one of the oldest government-recognized organizations and considered as the singular greatest collection of the country;s most precious natural resources -you.

As inventors, you have the world as your palette; there are no limits; no bounds on what your mind can imagine; on what you can invent.


Let me read an inspirational quote from a very famous inventor - Alexander Graham Bell- "Great discoveries and improvements invariably involve the cooperation of many minds.  I may be given credit for having blazed the trail, but when I look at the subsequent developments, I feel the credit is due to others rather than to myself.."

Once again, congratulations and may you continue to invent!

(Short remarks of CDA Chairman, Dr. Eulogio Castillo, during the Opening of the National Inventors' Week Exhibits, launching the week-week celebration of National Inventors' Week, spearheaded by the FILIPINO INVENTORS SOCIETY PRODUCERS COOPERATIVE, Nov. 13-16, 2014 at Fisher Mall, Quezon Avenue, Q.C.)  

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