A research involving the research competency and satisfaction among faculty members and administrators of Laguna State University (LSPU): basis for research competency initiative Program is described in this paper. The descriptive method of research was employed in this study to gather the necessary data and information on the research competency of faculty and administrators. The purpose of the study is to determine the research competency and satisfaction of the faculty members of LSPU that would be the basis of faculty research competency enhancement and development program. This research intends to determine the respondents’ level of competency in writing research paper in terms of conceptual skill, computational skills, and technical skills. Also, the determination of the level of satisfaction on the facilities/resources provided by the institution to enhance the research capabilities, and to recommend valuable activities for the enhancement of research competency of the university. Findings showed the research administrators of the LSPU are administratively capable of doing research. As to process, the researchers are competent along conceptual skills, moderately competent in computational skills and technical skills. In the level of satisfaction on the facilities/resources, the respondents are looking for more journals, books and other materials as well as training area for in-house and small conferences. The Research Unit, thru the supervision of the VP for Research, should continue to find means and ways to improve the research competency in the college. In addition, the faculty must be provided with the necessary training in communication both in oral and written, as needed in writing a research paper.