DTI to launch online business mentorship

THE Department of Trade and Industry (DTI) is bringing its entrepreneurial mentorship online to help micro and small business owners thrive despite the economic difficulties brought about by the Covid-19 pandemic.

The agency is inviting participants to be part of Cebu’s first batch of the Kapatid Mentor Micro-Enterprises (KMME)-Online Program whiich will be launched in July in Central Visayas.

DTI’s online mentoring program is in partnership with the Philippine Center for Entrepreneurship-Go Negosyo and the Cebu Chamber of Commerce and Industry.

The KMME online edition will feature 10 mentorship modules to help micro and small entrepreneurs survive and thrive in spite of the unprecedented setbacks that now confront businesses of all types and sizes.

Modules

The modules will cover the entrepreneurial mindset and values formation, marketing, product development and innovation, market growth and expansion, business model canvas, operations management, human resource and organization management, supply and value chain, entrepreneurial accounting and financial management, taxation, business laws, tapping government programs and services to grow one’s business and business improvement plan presentation.

The online mentorship program is free of charge, but the DTI said it can only accommodate up to 40 participants in Central Visayas.

Qualifications

The program aims to produce confident entrepreneurs with the right mindset and basic management skills which will enable them to sustain their enterprises amid the challenges of the pandemic and new normal conditions.

To qualify as an online mentee, the applicant should be at least 18 years old, must be Filipino and a resident of Cebu. The mentee should be an owner or co-owner of and/or partner of a business that is registered with the DTI or the Securities and Exchange Commission or the Cooperative Development Authority with business permit and Bureau of Internal Revenue registration.

Qualified mentee must also have a business that is operating for at least one year and has employee/s and/or manages a team. The mentee should be willing to attend online sessions on specific schedules and willing to enter into a contract of commitment. The online mentee must also have a laptop or mobile device, strong internet connectivity and a headset.

Mentees should also have Facebook accounts. The deadline for submission of applications is June 26.

Prior to the Covid-19 pandemic, the DTI in partnership with the business chambers had been producing graduates of the KMME program, a mentorship opportunity that immerses micro and small business owners in intensive business coaching and mentoring by seasoned business owners and practitoners. (JOB)