The Camarines Sur Polytechnic Colleges through its Graduate School and Extension Services Office is holding a series of online seminars for micro, small and medium enterprises (mSMEs) for residents of Sta. Barbara, Nabua from October 2021 to January 2022. This is in response to a report by the Asian Development Bank Institute which stated the creation of two types of MSME groups in the light of the COVID-19 restrictions: groups that “..were devastated by the lockdowns and another mSME group that benefited from the lockdown”.
A total of 63 participants, 46 of which were the beneficiaries from Sta. Barbara, Nabua attended the program launching which was held on October 8, 2021 at the CSPC auditorium.
The webinar series, titled “GS Agenda – MBM Extension Program” aims to improve the participants’ knowledge and skills in starting and managing a business in the new normal. According to its proponents, the objectives of the program include increasing the participant’s awareness on the current trend of business management strategies, developing business startup knowledge and skills, improving management skills of participants with existing businesses, preparing simple feasibility studies and business plans, guiding the participant’s selection of business opportunities, and providing consultation services in the preparation of business concepts and plans.
Implementation of the program involves 4 phases, the first phase of which include attitude training and business basics, environmental awareness and presentation analysis, business opportunity seeking, business startup essentials and business objectives setting. The second phase includes marketing plan, program and strategies, production activity planning, business organization planning, human resource planning, and financial planning. The third phase involves business plan implementation and mentoring sessions to help participants in improving their business strategies. The fourth phase involves on-site monitoring, coaching and feedback assessment, and formulation of action plans to address issues.
Funding is estimated at Php 13,800.00 which should cover tarpaulin printing, transportation, meals, and miscellaneous expenses