DTI to conduct roving academy for SMEs

Aspiring Small and Medium Enterprises (SMEs) in the Davao Region can increase the chances of setting up their own businesses through the SME Roving Academy.

“The SME Roving Academy is a machinery for information, communication and knowledge creation of Philippine SMES which aims to guide existing or aspiring entrepreneurs establish their own business or sustain existing ones,” Romeo Castañaga of the Department of Trade and Industry said during Monday’s Kapihan held at SM City Annex.

Castañaga said that with the launching of the SME Roving Academy during the 1st Philippine Investment Conference (I-Con) in Davao City last June, entrepreneurs can expect a package of interventions to help them start or sustain their businesses.

While the Conference aimed to showcase the investment opportunities in the country, it also aimed to steer interest towards the cluster based industrial development strategy to fasttrack countryside growth and development. He said they targeted 600 participants to the Conference, but achieved a 200% attendance with 1,050 participants during the two-day Conference.

He said the package of interventions will include the startup support to help the would-be entrepreneur to choose the appropriate business given his interest, skills and resources. If the entrepreneurs has decided to push through with the business then we will provide registration support, he added.

Also included in the package of interventions for the SMEs are product development, skills training, management and marketing training, entrepreneurship training and financing. The support will extend to helping the entrepreneur maintain or sustain the business or even go into export, he added.

Castañaga said the SME Roving Academy in Davao City will be conducted initially for free in time for the SME Week this July.


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