SME Training Through CEDP
The Countryside Entrepreneurship Development Program has been set up to promote micro and small enterprise development in different areas of the Philippines. The program aims to support business people with small service or production enterprises. The enterprises’ number of employees ranges from three to twenty people.
The Bureau of Small and Medium Enterprise Development aims to increase the number of well-qualified entrepreneurs in the country through the Countryside Entrepreneurial Development Programs (CEDP).
CEDP promotes entrepreneurship in the country’s urban and semi-urban areas by using a comprehensive training approach: the Competency-based Economies through Formation of Entrepreneurs (CEFE). The structured learning experiences and games of CEFE were developed by the German Agency for Technical Cooperation (GTZ) with the assistance of training experts in Asia, Europe and Africa.
CEFE was originally developed by GTZ as a training component and an integral part of small and medium industry promotion. It is anchored on strategic precepts that were derived from experiences in entrepreneurship development, small business consultancy, technical training, credit facilitation, industrial estate promotion, export marketing and appropriate precepts.
CEFE training is given to organizations and companies upon request from the Bureau of the Small and Medium Enterprise Development.
Small and micro enterprises have a specific need for support in terms of knowledge about modern and adequate principles of running a business access to:
- loans from financial institutions,
- new and appropriate technology,
- input markets at competitive rates,
- product markets, and
- information about market and other important developments; &
- links to self-help, support, or representative institutions.
Support in these fields should allow them to capture ever-growing segments of the national and even international markets, as well as provide services and products required by the domestic economy.
The Countryside Entrepreneurship Development Program is designed to assist small entrepreneurs who are either interested in setting up new businesses or have already succeeded in doing so through a training and support program and to promote linkages to financial institutions.
Who is behind it?
The Department of Trade and Industry (DTI) runs the program through its Bureau of Small and Medium Business Development (BSMBD). The Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ), acting on behalf of the Ministry of Economic Cooperation and Development of the Federal Republic of Germany, helps the program through expert advice and financial and equipment subsidies.
What training approach does CEDP use?
GTZ uses the approach called CEFE—Competency-based Economies through Formation of Enterpreneurs. CEFE was developed during a period of fifteen to twenty years’ experience in Nepal and in many other countries. It is now being used in seventy (70) countries worldwide.
CEFE trains potential entrepreneurs in the basic skills needed to run a business successfully. Starting from enabling the entrepreneur to check out the feasibility of a business idea, she/he is trained to develop her/his own marketing, production, management, and finance concepts. The resulting business plan can help her/him obtain credit from a financial institution, if so required. A supplementary consultancy and support program for starting or ailing businesses provides the needed follow-up to make the enterprises sustainable. Networking with other entrepreneurs and business institutions are also facilitated.
Interested individuals and institutions may contact:
Rhodora M. Leano – Director
Bureau of Small and Medium Enterprise Development
3/F Oppen Building. 348 Sen. Gil J. Puyat Avenue
Trunkline: (632) 890-5333/5494
Directline: (632) 897-1680
photo from kleomarlo.multiply.com
Leave a comment
You must be logged in to post a comment.
- How to Make Hamburger (Commercial Recipe)
- How to Grow Peanuts
- Water Refilling Station Business, A Primer
- Medicinal Plants for Animals
- How to Grow Radish
- Laundry Business Tips and Advice
- Raising Tilapia and Other Fishpond Tips
- How to Make Dipped Candles
- How to Make Peanut Brittle
- How to Make Pastillas de Mani
- How to Make Peanut Butter
- Different Ways to Make Compost