The Board of Investments (BOI) has approved the registration of TAGPROS Education for its Learning Management Systems (LMS) Platform. The project is based at the University of the Philippines Diliman.
It is said that TAGPROS has put Php46 million in investments for the e-learning platform.
The investment was registered with the BOI back on August 31, 2022. It was listed as a knowledge-based service provider under Tier 1 of the Strategic Investment Priority Plan (SIPP) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE).
TAGPRO’s LMS platform is a software-as-service (SaaS) that holds online tutorial classes for students anywhere in the world with the help of Filipino educators and teachers.
The LMS is easily accessible through personal computers and even mobile devices, allowing students to learn “anytime and anywhere”.
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TAGPRO highlighted that, other than helping its partner educators, it will also help address the issues that Filipino students face in remote learning.
The platform will also have a built-in quiz application and video conferencing so educators can hold live or pre-recorded learning materials.
It is said that the company is already running and has around 874 direct and indirect people, most of which are teachers.
BOI said that they make their money from the LMS fees. 70% of which will go to the partner teachers while the 30% left will be for TAGPROS.
Via: Business Mirror