CLARK FREEPORT: Two government agencies and a business group signed a memorandum of agreement (MOA) that aims to boost community projects that would provide livelihood opportunities dubbed “Youth Entrepreneurship Support Project [YES].”
The agreement was signed recently by representatives from the Department of Labor and Employment (DOLE), Department of Trade and Industry (DTI), and the Philippine Council of Students in Intrapreneurship (PCSI) in Makati City.
Undersecretary of Workers’ Welfare Social Protection (WWSP) Lourdes Transmonte represented DOLE while Undersecretary for Regional Operations Development Group (RODG) Merly Cruz represented DTI. On the other hand, Cyber City Teleservices Senior Executive Vice President George Sorio represented the PCSI.
An ongoing program spearheaded by DOLE, the YES program empowers the youth through entrepreneurial skills development. YES aims to reduce unemployment by creating viable and sustainable livelihood opportunities for the youth.
DOLE partnered with DTI and PCSI to maximize result on establishing jobs and opportunities for the youth.
Sorio, who is also PCSI chairman, said, “PCSI provides the youth opportunities and needed support to start a business. By starting a business, the youth can create jobs. By creating jobs, the youth can provide livelihood, which in turn, stimulates economic development.”
DTI promotes and develops micro-, small- and medium-scale enterprises to ensure a focused approach towards entrepreneurship development while PCSI’s records of support to entrepreneurship programs for the youth are beyond reproach, Sorio added.
Cruz said DOLE, being the lead agency, will provide funds for the project. The DTI, on the other hand, will provide technical assistance by offering business consultancy, provision of trainors for skill and entrepreneurial trainings, product development and marketing assistance.
The PCSI, she added, will facilitate the identification, screening and organization of youth beneficiaries. — Mark Louie Roxas, Manila Times
Invoke Article 33 of the ILO constitution
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