DTI-DdO completes the distribution of P2.5M livelihood assistance to MSMEs

Davao de Oro --- More than five hundred micro, small and medium enterprises (MSMEs) in 23 identified barangays in the province received over P2.5-million livelihood assistance under the DTI’s Livelihood Seeding Program–Negosyo Serbisyo sa Barangay – Pangkabuhayan sa Pagbangon at Ginhawa (LSP-NSB PBG) with strict adherence of health protocols for COVID-19.

Each beneficiary received a package of various livelihood kits amounting to PHP5, 000 who were residents of Barangay Longanapan, Aguinaldo, Anitipan, Bahi, Golden Valley, Linoan, New Visayas, Bayabas, Sto. Niño, Pagsabangan, Andap, Panansalan, Diwalwal, San Isidro, Bawani, Araibo, Bongabong, Tibagon, Manipongol, Panangan, New Dalaguete, Mayaon, and Conception in this province.

 The program aims to boost micro-enterprises affected by natural and human-induced calamities such as pandemic brought by COVID-19 and intends to provide livelihood opportunities for identified beneficiaries in areas considered as priorities. They also underwent four modules of capability building seminar to develop and strengthen their entrepreneurial competencies during the turn-over ceremony.

There is a Negosyo Center per municipality that promotes ease of doing business and providing access to development services for MSMEs through business counselors in their areas of responsibilities.

This was made successful in partnership with the provincial and local government units that allows a wider reach of business development assistance by bringing government services closer to the people especially in Geographically Isolated and Disadvantage Areas (GIDAs) and vulnerable communities. (Rheafe C. Hortizano, Provincial Information Office, Photo Courtesy of DTI-DdO)