MAMBAJAO, Camiguin, September 28, 2015 — Some 37 graduating students from the Camiguin Polytechnic State College (CPSC) have undergone a one-day Youth Entrepreneurship Development Training on September 18, 2015 at the Mambajao Negosyo Center.
The Department of Trade & Industry (DTI) Camiguin Provincial Office initiated the activity to promote youth entrepreneurship development under Republic Act (RA) 10679; “ An Act Promoting Entrepreneurship and Financial Education among Filipino Youth” or the “Youth Entrepreneurship Act” which was ratified last August 27, 2015.
This Act hereby declared to promote the sustained development of young Filipinos whose aptitude and skill in the field of finance and entrepreneurship shall be encouraged and honed through education and specialized training programs as part of the broader strategy to promote the viability and growth of enterprises in order to create more jobs in the country.
In this Act, the promotion of youth entrepreneurship and Financial Literacy Program shall be inculcated in all levels of education nationwide being consistent with the Section 5 of Republic Act. No. 10533 or the “Enhanced Basic Education Act of 2013.”
The DTI is a member agency of the Entrepreneurship Education Committee being chaired by the Department of Education (DepEd) with members from relevant agencies like the Commission of Higher Education (CHED), Technical Skills Development Authority (TESDA) and the National Youth Commission (NYC) in support with the local Micro, Small and Medium Enterprises Development Councils (MSMEDCs). (Zita M. Abellare, DTI-Camiguin, PIA-CAM iNet)