LOON, BOHOL hailed First Place on both Innovation and Resiliency Pillar Awards and 3rd Place as the Most Competitive Municipality in Bohol for the 1st and 2nd Class Municipalities of the Cities & Municipalities Competitive Index (CMCI) from the recently concluded Bohol Competitiveness Summit 2024 held at Bohol Cultural Center in Tagbilaran City, Bohol on November 13, 2024. The LGU received One Million Pesos Project from the Provincial Government.
Overview on the Awards:
RESILIENCY PILLAR AWARD applies to the capacity of a locality to build systems that can absorb change and disturbance and being able to adapt to such changes. It spans frameworks that bind LGUs and their constituents to prepare for possible shocks and stresses; budgeting for disaster risk reduction; hazard/risk identification mechanisms; resilience-related infrastructure; and resilience-related mechanisms. It is divided into ten indicators:
- Land Use Plan
- Disaster Risk Reduction Plan
- Annual Disaster Drill
- Early Warning System
- Budget for DRRMP
- Local Risk Assessments
- Emergency Infrastructure
- Utilities
- Employed Population
- Sanitary System
INNOVATION PILLAR AWARD refers to the ability of a locality to harness its creative potential to improve or sustain current levels of productivity. It hinges mainly on the development of creative capital which are human resources, research capabilities, and networking capacities. It is divided into ten indicators:
- Start Up and Innovation Facilities
- Innovation Financing: R&D Expenditures Allotment
- STEM graduates
- Intellectual Property Registration
- ICT Use: E-BPLS Software
- Internet Capability
- Availability of Basic Internet Service
- Online Payment Facilities
- ICT Plan
- New Technology
CONGRATULATIONS, LOON!
On Article: Official Website post of the Department of Trade and Industry
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