Batanes, Philippines — The Department of Trade and Industry (DTI), in partnership with the Department of Labor and Employment (DOLE), organized a combined livelihood program and relief initiative for the typhoon-affected communities in Basco, Batanes. Held on December 11, this featured a three-in-one program that included an Entrepreneurial Development Seminar, the distribution of Livelihood Kits, and a Diskwento Caravan.

DTI Acting Provincial Director Atty. Cyrus I. Restauro emphasized that the primary goal of the event was to support the rebuilding of MSMEs and communities severely impacted by recent typhoons in the province.

The Diskwento Caravan, a key feature of the event, aimed to assist local businesses by boosting sales through discounted products, while also helping consumers access affordable goods. This initiative created a win-win solution for both businesses and the community, particularly during the holiday season.

Meanwhile, DOLE Batanes Representative, Medardo Serrano, led an orientation on the agency’s programs, focusing on livelihood assistance and financing opportunities for MSMEs affected by the recent calamities. He highlighted the partnership with the DTI as a unified government effort to support entrepreneurs, foster job creation, and strengthen community resilience in the province.

Following the orientation, the Entrepreneurial Development Seminar equipped micro, small, and medium enterprises (MSMEs) with essential knowledge and skills for business success. A session on the “7Ms of Successful Entrepreneurs” also provided valuable insights into the key strategies and traits necessary for entrepreneurial growth.

Additionally, the seminar covered the Barangay Micro Business Enterprise (BMBE) Act of 2002, highlighting the benefits and incentives under the law that are available to microentrepreneurs.

This three-in-one event reflects the shared commitment of DTI Region 2-Batanes and DOLE Batanes to fostering economic recovery in the province. Recognizing the vital role of local MSMEs in generating employment, supporting local businesses and helping consumers, while ensuring community resilience, this collaborative effort underscores the government’s dedication to rebuilding and strengthening livelihoods for the Ivatan people. ♦

Date of release: 17 December 2024