DTI training arm is now PTTC-Global MSME Academy
PTTC-GMEA is the new home of the MSMEs
The Philippine Trade Training Center, the training arm of the Department of Trade and Industry (DTI), is now the PTTC Global MSME Academy (PTTC-GMEA).
This name adjustment is in light of the transformation of PTTC from being a learning hub for exporters into an agency focused on empowering the small entrepreneurs. PTTC-GMEA is now tasked to reach out to the MSMEs and help them upgrade their operations to become globally competitive.
“The take-off point of PTTC-GMEA’s sharper focus on the MSMEs is the compassion of President Duterte for those at the bottom of the pyramid,” says PTTC Executive Director Nestor Palabyab, (CESO III).
“PTTC has always provided our entrepreneurs and would-be entrepreneurs with cohesive training programs that will allow them to pursue either an export-oriented business, or one that is focused on the domestic market. Through the PTTC-GMEA, we can teach MSMEs how to fish, so to speak.”
Among the modules offered at PTTC-GMEA are how to start a business, developing an entrepreneurial mindset, business plan development, production management, basic innovation concepts, understanding trademarks and patents and product development, branding, packaging and labelling, marketing in the digital age, marketing through social media, putting business online, the TRAIN law, financial management, financing for MSMEs, accounting for non-accountants, HR for non-HR and THE 5S of good housekeeping.
Republic Act No 9501, the Magna Carta for MSMEs, recognizes the vital role of MSMEs in economic growth. DTI’s MSME Plan 2017-2022 envisions MSMEs that are regionally integrated, sustainable and among the key drivers of innovation. PTTC’s MSME mentorship role is articulated in the Administrative Code of 1987 and Executive Order no. 133, series of 1987.