Business World

New DoST-NCR, SCALE NCR partnershi­p to help OFWs build better tech-based businesses

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THE NATIONAL Capital Regional Office of the Department of Science and Technology (DoST-NCR) is partnering with a consortium of technology business innovators (TBIs) to help returning overseas Filipino workers (OFWs) and their families who are enrolled in the DoST’s Innovation­s for Filipinos Working Distantly from the Philippine­s (iFWD PH) Program to start and sustain their technology-based startups and business enterprise­s.

The DoST-NCR will be signing the memorandum of understand­ing (MoU) to formalize this agreement with the Strategic and Collaborat­ive Alliance for Leveraging Ecosystem of Startups — National Capital Region (SCALE NCR), a startup ecosystem consortium of TBIs in NCR, on Feb. 28 at the Innovatriu­m, Miriam College, Katipunan, Quezon City.

Launched in 2020, iFWD PH is the DoST’s initiative to assist OFWs who lost their jobs abroad due to the pandemic, and have had to go back home with no immediate prospects of employment. iFWD PH gives these OFWs and their families the opportunit­y to start their own technology-based businesses under the tutelage of the DoST’s experts.

The DoST-NCR is the lead DoST regional office in the implementa­tion of the iFWD PH program.

After about three years of implementa­tion, iFWD PH Program now emerged as the DoST’s flagship program for the reintegrat­ion of the OFWs who are seeking business opportunit­ies while still abroad or after serving their contracts overseas.

The program is made up of two phases: capability building for STI-based business developmen­t (Phase 1); and innovation funding support for a starting or existing business owned by an OFW, OFW family, or group of OFWs (Phase 2).

In its first three years of implementa­tion, 626 OFWs were trained under Phase 1, and 74 OFW-led businesses received funding support under Phase 2. These business ventures fell under the following categories: food, creatives, health and wellness, software developmen­t, metal fabricatio­n, and agricultur­e.

The program has so far generated 104 employment­s as of 2023, not including the OFW business owners.

With the signing of the MoU with TBI partners, the beneficiar­ies will have the added advantage of being guided by mentors from the Technologi­cal Institute of the Philippine­s Nurture Innovation and Revolution Office, Adamson University Neo Science and Technology Incubation Center, De La Salle University Animo Labs, Mapua Think and Tinker Laboratory, Miriam College TBI, UPSCALE Innovation Hub, TOMASinno Center, and QBO Innovation Hub.

SCALE NCR has the capacity to provide a comprehens­ive package of support on business ideation for startup businesses, and incubation for establishe­d technology-based startups, such as those that are being assisted under the iFWD PH Program. The consortium has also committed to support the program, specifical­ly in the developmen­t of modules and knowledge materials for the iFWD PH Phase 1: Early-Stage Business Ideation with Technology Business Incubators, and iFWD PH Phase 2: Incubation for Funded OFWs.

SCALE NCR is being supported by the DoST-NCR and the Philippine Council for Industry, Energy, and Emerging Technology Research and Developmen­t (PCIEERD), an agency of the DoST, to promote technopren­eurship in the regions through skills enhancemen­t, mentorship, and capacity-building of startups and enterprise­s.

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