Successive conduct of the Entrepreneurial Development Training (EDT) sessions in the NCR from February 25 to April 25, 2012 drew 1,365 participants, a figure almost half of the 2,855 that underwent orientation for the OFW Reintegration Program (ORP) of the same period. The conduct of both the EDT and ORP orientation were divided into 17 and 78 batches, respectively.
The OFW Reintegration Program, commonly known as OFW business loan, grants from P300,000 to P2M based on the amount proposed in the applicant’s business plan after successfully complying with all the documentary requirements imposed by the OWWA and Land Bank of the Philippines (LBP). Within the same period, 77 applicants were given the certificate of eligibility after complying with OWWA’s preliminary requirements and were endorsed to the LBP for further processing that includes background/credit investigation.
RWO-NCR’s conduct of the one-day EDT seminar is divided into five parts: accomplishment of forms to be submitted to OWWA and Land Bank, Basic Entrepreneurship, which discusses the rudiments of going into business including personal evaluation and assessment of one’s competencies and skills and the procedures in joining the formal business sector; Business Plan workshop; Q&A portion on ORP, and distribution of EDT certificates.
Occasionally, private business groups engaged in franchising with products to promote are given slots to introduce their business. The purpose is not necessarily to lure them to the promoter’s business brand but more of motivating them further on the liberating experience of entrepreneurship than in working abroad. Also injected in the program are basic computer courses offered for free by OWWA’s Microsoft Tulay’s such as “Learn and Earn through Information Technology” and Digital Media Arts for participants who would also want to enroll.
Comprising the EDT regular facilitators are NCR’s Welfare Officers in the Reintegration Unit and Administrative and Finance Chief Zenaida Ramos and Administrative Officer V Martel Desayon for the Business Plan. Beginning March, Ms. Minda Narciso, Project Officer of the Land Bank of the Philippines took the task of answering common questions and issues about the program. Director Emma Sinclair and Programs Services Chief Ma. Teresa Capa personally hand the EDT certificates to the participants. /strong>