Footer

23 Ilocos Sur MSMEs undergo mentoring to become globally competent

by: Imelda C. Rivero

VIGAN CITY, Aug. 30 (PIA) — To become globally competent, 23 small and medium enterprises (SMEs) in the province are now under mentoring and coaching by the Department of Trade and Industry’s (DTI) Kapatid Mentor Me Program, in partnership with the Philippine Center for Entrepreneurship (PCE).

The program wants to help them “develop a good business sense by giving them the capacity through the fundamentals of entrepreneurship”, DTI Ilocos Sur Provincial Director Grace Lapastora said.

This will also scale up and sustain their enterprises by equipping them with the needed skill sets by giving them theoretical and conceptual lectures and mentoring sessions,” Lapastora added.

The first two modules, she said, were done at Vitalis Villas on August 4 after the launching of the program with Assistant Secretary Blesila A Lantayona. These modules which were on entrepreneurial mind setting and values formation were discussed by Paulo M. Tibig, president and chief executive officer of Vcargo Worldwide and Vintel Logistics, while marketing was discussed by Wilfrido Arcilla, the senior advisor of Octopus One-Stop Branding Shop. Tibig and Arcilla are PCE-accredited mentors.

There are two phases of the program – the first seeks to develop good business sense which was done on the first and second week.

On the second week, the SME owners learned modules three and four on accounting for non-accountants and product development,” she said.

The second phase, about the key areas on entrepreneurship, is learned on the third to tenth week. Here, the participants are coached on the operations management of their business, human resource management, taxation, supply and value chain, financial management including pricing and costing, business law on basic contracts and obligations, and quick fix plan and re-entry plan.

On their twelfth week, the participants will be required to present their business development plans before their graduation from the program. So, they are expected to become confident entrepreneurs with the right mindset and business know-how to prop up their enterprises.

These SME owners have been attending these sessions at the Negosyo Center in this city where the provincial office of DTI is located. They qualified for the program because they have an asset of three million and below and have been operating for at least one year.

The Kapatid Mentor Me Program in the province is the third in the region.

This has a big-brother – small brother concept,” DTI regional director Florante O. Lealsaid, “a perfect tool to motivate the entrepreneurial spirit of the Ilocanos and Pangasinenses.”

DTI Ilocos Sur hopes that after graduation, the 23 mentees of the program will share what they have learned.#

Comments are closed.