PUERTO PRINCESA CITY, Palawan – Rep. Gil Acosta, 3rd district Palawan, the Department of Trade and Industry (DTI), and the Philippine Center for Entrepreneurship-Go Negosyo (PCEGN) jointly launched here Friday the second Kapatid Mentor Micro Entrepreneurs (KMME) program with 150 micro and small enterprises (MSEs) attending.
The initiative aims to help the country’s MSEs through coaching and mentoring approach, where they are tutored by large corporations on the different aspects of business operations; adopt-a-SSF (shared service facility) by providing them access to SSFs in their community; and inclusive business (IB) business model where they are linked to large companies’ value chains.
DTI-Palawan Provincial Director Rosenda Fortunado said the program aims to provide the MSEs with additional information and training to help them grow.
“This is open to individuals who are dreaming to have their own businesses, or those that have been engaged in the businesses they do but want to expand them,” Fortunado said.
Fortunado said the second Kapatid Mentor ME initially wanted to concentrate its efforts in the 3rd Palawan District because of Rep. Acosta’s request, but Acosta encouraged to program to simultaneously cover the 1st and 2nd districts because of popular demand.
Agnes Acosta-Magdaug, who represented Rep. Acosta in the event, explained that the interest in jointly implementing the second batch took off in one of the meetings of the Committee on Business and Entrepreneurship Development, where congressmen were encouraged to bring the program to their districts.
“From there, the congressmen were invited to bring the Kapatid Mentor ME to their districts for their constituents to benefit. In our district, there are associations of small entrepreneurs we are helping and they will be screened by the DTI to see if they can join in the program and be mentored,” Magdaug said.
Ten modules will be used to mentor around 20 MSEs qualifiers on three levels, and these are Inspirational Mentors, explanation of Technical Expert Mentors, and Business Mentors.
The third level will discuss technical, human and conceptual skills; business leadership; strategic management; financial management; and operations management.
Before the mentees graduate in two months, they are required to present business plans, implement product launching, and do a mini trade fair to display the improvements of their products.
Fatima Valdestamon, one of the participants of the first Kapatid Mentor ME, and owner of Fatz Delicacies that sell pastillas and other cashew nuts derivatives, said the mentoring program made a huge impact on her small business in terms of branding, diversifying on cashew, and financial and operations management.