PTTC to launch training program for pandemic hit entrepreneurs
source:
Catherine Talavera – The Philippine Star
August 30, 2022 | 12:00am
MANILA, Philippines — The training arm of the Department of Trade and Industry (DTI), in partnership with the BPI Foundation and BanKo, is set to launch a program aimed at helping pandemic-hit entrepreneurs recuperate.
In a statement, the Philippine Trade Training Center-Global MSME Academy (PTTC-GMEA) said it would launch tomorrow the Small Enterprise Acceleration Lab – Business Expansion through Training and Application Program or SEAL-BETA, a comprehensive integrated learning program designed for distressed micro and small enterprises (MSEs) affected by the pandemic who want to rebuild their businesses into a resilient and sustainable one.
The partnership aims to equip MSEs with a resilient outlook on business through integrated training programs.
It also aims to assist entrepreneurs in creating their sustainability plan and help them rebuild and expand their business through access to loans from BPI Banko.
“The Philippine Trade Training Center-Global MSME Academy has been at the forefront in helping our SMEs recover and rebuild from the devastating effects of the COVID-19 pandemic, and we are very happy that we will be able to further help them through this partnership with the BPI Foundation and BanKo,” said PTTC executive director Nelly Nita Dillera.
The SEAL-BETA program wil assist distressed micro and small enterprises located in Central Luzon, CALABARZON, Eastern Visayas, SOCCSKSARGEN and the National Capital Region (NCR).
“To qualify for a loan, participants shall finish an eight-week training program, which will discuss product diversification, personal and business finance and accounting, tax management, product innovation, digital marketing and e-commerce, and HR Appreciation,”the PTTC said.
The program will also feature a business continuity plan workshop and business expansion and mentoring session.
Around 150 participants will be invited to eight online training sessions via zoom.
The sessions will also be broadcast live on its Facebook page.
Eligible MSEs for the program must be a registered micro or small enterprise and running for at least two years and must be willing to undergo and complete training, mentoring and pitching sessions.
The program is targeting MSEs who are in need of capital for business recovery and expansion.
The PTTC is an attached agency of the DTI, which designs and implements training programs on export marketing and management, entrepreneurial management, quality management and productivity, and trade exhibition management and participation.
It also conducts post-training advisory and counseling services, offers customized in-company training programs and services, and provides events management support.
The PTTC is also an events venue for MSMEs and large enterprises to promote their products as it markets, rents out, and maintains exhibition and training room facilities.
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