Young yKalinga entrepreneurs join DTI’s mentorship program to scale up their business

Tabuk City, Kalinga – With entrepreneurial endeavor becoming a choice for some young people, DTI has extended assistance through a mentorship program aimed at developing business neophytes to help them scale up their businesses.

Around 13 young entrepreneurs from Rizal, Tinglayan, Lubuagan, Tanudan, and Tabuk City in Kalinga recently joined participants from other provinces in the region during the Kapatid Mentor ME-Money Market Encounter (KMME-MME) Online Cordillera Youth Edition Batch II.

Department of Trade and Industry (DTI) said the program involves young entrepreneurs through capacity building to scale up their businesses through weekly coaching and mentoring by business owners/practitioners in different functional areas of entrepreneurship.

DTI Industry Development Analyst Wayleen Datic said that joining similar trainings and learning activities can improve their skill and knowledge on how to run or manage their businesses, especially among those who did not finish any business-related course.

The mentoring was launched on July 28, 2021, and the participants will undergo 12 sessions for the 10 Modules until their graduation ceremony on October 2021 using the Zoom application.

Activities during the program

During the mentorship, participants will be presenting a business improvement plan to a panel from the financial and government sectors, Department of Agriculture (DA), and other private sectors that are into business ventures at the provincial and regional level.

Meanwhile, participant Frances Calanog of the Belle and Bean Company of Tabuk said that though it was new to her, she is into the mentorship since it would greatly help her business propositions.

She added, “You have to be detailed gayam ti amin nga ubraen lalo iti business model canvass ket napa-isip nak ta kasla kailangan gayam a makutuan dapat ammum target market mo pati unique selling proposition, it makes a way tapnu agbalin ka a sabali ti daduma (nga businesses).”

Kapatid Mentor ME-Money Market Encounter (KMME-MME) Batch II for Cordillera Youth

As part of DTI’s mentoring programs, the KMME The KMME-MME program is composed of 12 mentorship modules such as Entrepreneurial Mind-setting, Marketing, Product Development, Marketing Expansion, and Internationalization, Business Model Canvass, Operations Management, Business Laws, Taxation, Financial Management, Human Resource/Organization Management, Supply and Value Chain, Business Improvement Plan, and Culmination and Product Exposition.

Kapatid Mentor ME-Money Market Encounter (KMME-MME) Online Cordillera Youth Edition was launched on a blended online and physical interactive platform from the provinces of the Cordillera Administrative Region (CAR).

The 2021 run of the KMME-MME Online Program focused on entrepreneurial mind-setting and values formation, marketing mindset, business model canvas, operations management, digitalization, supply and value chain management, accounting and finance for small businesses, human resource management, market-driven innovation in product development, and market expansion and internationalization, and good governance and ethics. According to Wayleen Datic of DTI-Kalinga, qualified participants must be 18-35 years old for the Batch II program. Around 600 qualified mentors were selected nationwide for the program to share their knowledge depending on who’s available.

The KMME-MME Batch II features youth entrepreneurs with existing businesses.

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