
Finance
and Administration
The
Government of the Republic of the Philippines is committed
to provide the capital and operating funds of SEAMEO
INNOTECH. Special funds called the SEAMEO Educational
Development Fund (SEDF) are utilized to support scholarships
for the center's training programs, government board
meetings, seminars and conferences and other related
activities. Such funds are generated and provided
by the SEAMEO Secretariat from contributions of member
and associate member countries and various donors.
Donors and program partners provide other funds for
research and development, for special training courses
and for other extension activities. Unallocated funds
refer to special training courses received from donors,
interest earnings, and earnings from approved income-generating
activities. SEAMEO INNOTECH ensures its financial
viability through fiscal restraint, judicious use
of resources, wise spending, and appropriate income
generating ventures.