CEBU CITY – The Mandaue Chamber of Commerce and Industry (MCCI) said it will mentor budding micro-entrepreneurs, who are recipients of the provincial government’s micro-business aid program, and also those seeking to revive their businesses affected by the coronavirus pandemic.
MCCI president Steven Yu and its past president Stanley Go also met with Governor Gwendolyn Garcia, who championed the concept of countryside enterprise business upliftment in partnership with MCCI in 2011.
Garcia said the seasoned MCCI entrepreneurs can partner with the Provincial Board and the Office of the Vice Governor in handling the applications and share their knowledge to the program beneficiaries.
They will also guide program recipients and transmit to them their know-how in turning in a high chance for the business to succeed.
The micro-business assistance program mulls providing P50,000 to recipients applying for a business reboot, P20,000 to those in the manufacturing industry, and P10,000 for recipients engaged in trading and services.
Go, who is vice president for sales and marketing at Virginia Foods Inc., recommended a business template, a so-called pro-forma, just like the business model observed by the franchising sector. He vowed to join the partner-suppliers of capitol to this program.
Garcia disclosed that the Cebu CFI Community Cooperative, with the chairmanship of lawyer Winston Garcia, is also committed to provide operating capital through collateral-free loans.
The Philippine Veterans Bank also assured collateral-free loans worth P300,000 to back the recipients.
The provincial government once worked with MCCI in the “Obra Negosyo Eskwela” program in 2011 that honed the entrepreneurial skills of students. The program encouraged food product developers and manufacturers among university students.
The capitol’s program gears to provide livelihood opportunities to displaced workers, such as overseas Filipino workers (OFWs) and individuals in the lowest 20-percent income group as certified by the municipal or city social welfare development office. (Carlo Lorenciana)
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