Last updateWed, 17 Sep 2014 11pm

Back You are here: Home Business Entrepreneur DTI-Bulacan project encourages sharing of facilities among SMEs

DTI-Bulacan project encourages sharing of facilities among SMEs

THE Department of Trade and Industry (DTI) office in Bulacan has launched the Shared Service Facilities (SSF) project to help small and medium enterprises (SMEs) and microenterprises in the province meet challenges posed by the global economy.

The SSF project aims to improve the quality and productivity of microenterprises and SMEs by addressing gaps and bottlenecks in the value chain of priority industry clusters through the common use of processing machines/equipment.

It is a public-private partnership initiative that will be implemented through private-sector partners that can provide sustainable facilities to house the machines/equipment.

Rhine Aldana, DTI provincial director for Bulacan, said as of now, there are already nine approved SSF proposals.

From the nine approved proposals, according to Aldana, five will be launched this June and the rest, anytime this year.

The five project proposals to be launched next month are kropeck processing by the San Francisco Multi-Purpose Cooperative (MPC) in Barangay San Francisco, Bulakan town; dairy processing by the Santa Maria Dairy Farmers MPC in Barangay Bagbaguin, Santa Maria town; milk production by the San Jose del Monte Savings and Credit Cooperative in the City of San Jose del Monte; bangus processing by San Isidro MPC and Kumpo Fisherfolk MPC in the municipality of Hagonoy; and water hyacinth processing by the San Miguel Water Lily Producers Association in San Miguel, Calumpit town.

The five SSF projects are expected to provide assistance to some 907 beneficiaries.

Aldana said selection of the SSF project beneficiaries was based on three criteria:

• Each beneficiary is registered with the Securities and Exchange Commission or the Cooperative Development Authority, or any other appropriate agency that registers organizations for purposes of legal personality.

• For a facility costing up to P1 million, the cooperator must be in existence for at least one year and for a facility costing more than P1 million, the cooperator must be in existence for at least three years.

• Each beneficiary must be capable of providing counterpart support in terms of suitable facilities to house the machinery and equipment and support personnel.

Aldana said the search is ongoing for qualified cooperators with viable processing/production projects.






Health & Fitness