NEARLY 10,000 individuals from Central Luzon benefitted from Department of Trade and Industry’s (DTI) Livelihood Seeding Program-Negosyo Serbisyo sa Barangay (LSP-NSB) program in 2021.
The program, which had a budget allocation of P50.115 million for 2021 alone, provided livelihood kits and training to beneficiaries.
Among the provinces, Aurora got the lion share of beneficiaries with 8,198 beneficiaries, while Bataan had 192 beneficiaries and Bulacan had 230.
There were also 188 LSP-NSB beneficiaries from Nueva Ecija, while Pampanga had 278, Tarlac had 201 and Zambales had 229 program beneficiaries.
Each of the said beneficiary received livelihood packages worth P5,000 to P8,000.
These were in the form of goods, raw materials and equipment for businesses like sari-sari store, rice stores (bigasan), carinderia, food processing and non-food manufacturing.
Aside from the kits, each beneficiary was also required to attend training on entrepreneurship and livelihood skills training, while business cliniquing was also done to ensure the progress of the business of the beneficiaries.
The LSP-NSB is a program of DTI that allows a wider reach of business development assistance by bringing government services closer to the people through partnerships between relevant local government units (LGUs) and DTI.
Through the Barangay Development Councils (BDCs), the DTI helps in capacitating barangay personnel to provide basic business advisory or information dissemination services to MSMEs in the locality.
In addition, the DTI, in partnership with the national government agencies, local government units, non-government organizations, the private sector, and through the Negosyo Centers, promotes ease of doing business and provide access to development services for Micro, Small, and Medium Enterprises (MSMEs) through the Business Counselors in their areas of responsibility.