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OWWA and DTI Join forces for Reintegration

September 8, 2016
OWWA and DTI Join forces for Reintegration

Overseas Workers Welfare Administration (OWWA) Administrator Rebecca J. Calzado and Department of Trade and Industry (DTI) Undersecretary Zenaida C. Maglaya signed today, 06 September 2016, the Memorandum of Understanding (MOU) in implementing joint projects for Overseas Filipino Workers (OFWs) and their families who intend to pursue entrepreneurial undertakings.

 

The MOU formalizes the partnership of OWWA and DTI to jointly conduct developmental trainings under OWWA’s Enhanced Entrepreneurial Development Training (EEDT) and other related activities.  This partnership is aligned with the 8-point Labor and Employment Agenda of the Department of Labor and Employment to bring more focus and accessibility in workers protection and welfare programs.

 

EEDT is the business development intervention of OWWA for OFWs who intend to venture into micro, small and medium enterprises. It includes business planning and project-specific skills orientation to equip OFWs with the necessary knowledge and skills in pursuing their intended business.

 

Through DTI’s assistance, OFWs will have access to training and technical support in starting an enterprise, as well as opportunities to attend special events such as conferences, exhibitions, symposia, caravans, and other promotional activities initiated by DTI and the private sector.

 

OFWs who complete the EEDT may avail of the loan amounting to Php100,000.00 up to 2Million pesos under the OFW-Enterprise Development and Loan Program (OFW-EDLP) in partnership with LandBank of the Philippines and the Development Bank of the Philippines.

 

“OFW-EDLP is part of OWWA’s commitment to continually develop and implement welfare programs that respond to the needs of OFWs and their families.  With this partnership, an OFW’s dream of owning his/her own enterprise is just a step away” Administrator Calzado said.