FFE Magazine

DTI programmes to boast world-class local Products

DTI programmes to boast world-class local Products

Trade department gives small businesses the chance to shine in export sector.

 

The Department of Trade and Industry (DTI) has announced it is initiating programmes that will give small businesses a chance to expand their market locally and abroad.

 

DTI Undersecretary Ponciano Manalo Junior said the programmes will give micro, small and medium enterprises (MSMEs) ‘all the opportunities to be able to become bigger.’ He added that after giving them this opportunity, it will be up to them to make the most of it.

 

Manalo gave ‘Manila FAME’ as one example of the programmes they are initiating. Manila FAME will feature both young and established handcraft designers ranging from furniture to fashion. Under FAME is another programme called ‘OTOP (One Town, One Product) Marketplace’ wherein a town’s special industry will be showcased to exporters.

 

Red Box is another programme under FAME that would match fresh Filipino designers with local manufacturers to create original products. Other programmes to look out for are: Weaves of the Philippines and Craft Spots, Design Philippines Scenography, The Katha Awards, Design Week Philippines, Design Tours and many more.

 

The undersecretary said that boosting MSMEs is now possible through capital loans from micro-financing companies, which DTI has been providing. The department also has a ‘Diskwento Caravan’ wherein manufacturers can purchase materials at a lower price to jumpstart their business.

 

MSMEs can also avail of vital equipment and technology to launch their businesses through the Shared Services Facility (SSF). So far, DTI has already provided SSFs for small businesses in the following locations: Cordillera Administrative Region, La Union, Rizal province, Negros Oriental, Caraga region, Davao region and Zamboanga region.

 

DTI is expected to put up a total of 800 SSFs around the country until 2016.

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