Monday, August 13, 2007

From job seekers to employers: DOST-ARMM promotes entrepreneurship among youths

It has been the common practice among Filipinos to finish school to be able to secure employment. The Department of Science and Technology (DOST), however, wants to do away with this perspective by enabling Filipino youths become employer themselves by starting their own enterprise.

The DOST-Academe Technology-based Enterprise Development (DATBED) Program “aims to develop entrepreneurial competencies among students, young professionals including out of school youths in selected academic institutions and non-government organizations while at the same time creating income generating projects for the involved institutions.”

DOST will provide funds to support the development of potential projects that can be expanded into an enterprise.

Dr. Estrella Alabastro, DOST Secretary, cited a thriving cultured-crab business that was developed by then students under a DATBED supported institution. “After graduating, the students that were involved did no longer need to seek employment, they already have a business to run,” she said.

In the Autonomous Region in Muslim Mindanao (ARMM), the program will be initially introduced in the Mindanao State University (MSU)-Marawi City.

DOST-ARMM is banking on the potential of the region’s youths to improve socio-economic condition in the region. The department will assist college students turn their fresh and innovative ideas into a profitable enterprise.

“I hope that thru this new program we will be able to encourage further economic activities in the region. We should like to see more small and medium enterprise in ARMM,” said DOST-ARMM Regional Secretary Macacuna Pangandaman.

DATBED was officially launched during the regional celebration of the National Science and Technology Week in Marawi City last August 10, 2007.

Sec. Albastro was truly impressed with the warm and colorful celebration prepared by the regional science and technology office. “This is the most awesome celebration I’ve witnessed,” she said.

DATBED is intended to further stimulate entrepreneurship in the ARMM considering that the region has considerably lesser enterprise in comparison to most of the other regions in the country.

Small and medium enterprises are main drivers of a vibrant and thriving economy.

“We acknowledge for a fact that the use of and advances in science and technology can transform ARMM into an economically vibrant and competitive region. The regional government is relentless in making this happen the soonest possible – increase in agricultural production, the introduction of ingenious business opportunities as well as progress in terms of addressing the region’s existing problems on health and other emerging threats,” said ARMM Governor Datu Zaldy Uy Ampatuan. (BPI-ARMM)

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