Government agencies, Department of Labor and Employment (DOLE) and Department of Trade and Industry (DTI), and Philippine Council of Students in Intrapreneurship signed a Memorandum of Agreement (MOA) formalizing their agreement to collaborate in implementing projects that provide livelihood opportunities to the youth.
DOLE has an ongoing program, the Youth Entrepreneurship Support Project or YES Project to empower the youth through entrepreneurial skills development. This is envisioned to bring about their capability to actively participate in their communities. The YES Project strives to create viable and sustainable livelihood opportunities for the youth thus reducing youth unemployment.
DOLE, the lead agency, will be responsible in providing funds for the project. DOLE is the one tasked to oversee the project implementation.
While DTI is tasked to provide technical assistance in developing the entrepreneurial skills of the youth beneficiaries. The technical assistance comes in the form of business consultancy, provision of trainors for skill and entrepreneurial trainings, product development and marketing assistance.
And Philippine Council of Students in Intrapreneurship-is tasked to facilitate the identification, screening and organization of youth beneficiaries. (DTI)
