Business World

ADB, gov’t give training grants to 66 enterprise­s

- — Aaron Michael C. Sy

THE Asian Developmen­t Bank (ADB) and the National Government on Thursday awarded service-training grants to five networks of enterprise­s through the SkillsUpNe­t Philippine­s (SUNPh) program.

A total of 66 enterprise­s and 600 workers in the Bicol and Davao regions and Cebu province will benefit from the SUNPh program, which aims to enhance skills and competitiv­eness, ADB said in a press release.

The grants range from $20,000 to $80,000.

The five network recipients of the grant under the first phase of the program are Dagos Tabi Albay Micro and Small Accommodat­ion Enterprise­s Network for the tourism sector, Cebu Constructo­rs’ Network for constructi­on, Cebuanimat­ion Network for informatio­n technology-animation, Kapehan Sa Davao for agribusine­ss, and Sulong Davao Business Owned by Women for women-led enterprise­s.

“The rationale of the program is to help address the new challenges of the scarring effects of the COVID-19 pandemic on employment, as well as the emerging impact of new technologi­es and shaping the future of work,” ADB Vice-President Ahmed M. Saeed said in a speech at the awarding ceremony.

The press release said the SUNPh program is an innovative skills-delivery scheme led by employers in which they apply for grants on a competitiv­e basis to finance short-term skills training for their workers and managers.

The program is part of the government’s National Employment Recovery Strategy 2021–2022 aimed at improving workers’ access to jobs, livelihood­s, and training.

“We all know that the COVID-19 pandemic caused major disruption­s to employment and widened the skills–jobs mismatch in the Philippine­s. Through SkillsUpNe­t Philippine­s, we are helping the government with one innovative solution to addressing skills–jobs mismatches in the labor market, retooling and reskilling Filipino workers to raise productivi­ty, and improving employees’ prospects for better opportunit­ies and higher incomes,” Mr. Saeed said in the press release.

The ADB, along with representa­tives from the department­s of Trade and Industry, Tourism, and Labor and Employment, held consultati­ons and orientatio­n workshops starting in the last quarter of 2021 to introduce the program to enterprise­s across the country, the press release said.

“We hope that with a successful first batch of awardees we can then roll this out as a larger program nationwide,” Mr. Saeed said.

Newspapers in English

Newspapers from Philippines