The Department of Trade and Industry (DTI) office in the Davao region approved a total of 51 projects last year under its Shared Service Facility (SSF) initiative.
The SSF project, which started just last year, is a major component of the DTI’s Micro, Small and Medium (MSME) Development Program, which is aimed at improving the competitiveness of MSMEs by providing them with machinery, equipment, tools, skills, and knowledge under a shared system.
Specifically, the SSF initiative aims to attain the following objectives: enable MSMEs to increase their productivity; encourage graduation of MSMEs to the next level where they could tap a better and wider market share; accelerate MSME competitiveness by giving them access to better technologies and more sophisticated equipment; and address gaps and bottlenecks in the value chain of the primary industry clusters.
The SSF initiative in the Davao region provided equipment like heavy-duty sewing machines to food processing systems.
The 2013 approved SSF projects in the region, which are meant to improve the capability of MSMEs in the processing of raw materials and improvement of their products’ quality, was worth P24 million.
Of the 51 SSF approved projects, 34 have been established while 17 are to be awarded to the beneficiaries early this year.
These projects are spread out in the region’s five provinces: 13 in Davao del Norte; 12 in Davao Oriental; 11 in Davao City; nine in Davao del Sur; and six in Compostela Valley.
DTI- Davao Region Officer-in-Charge Ma. Belenda Ambi said that more SSFs will be distributed this year since for 2014, the office has a budget of P34.553 million for the initiative.
“We hope that we can help more MSMEs improve, not just their productivity but also the quality of their products,” she said.