The Local Economic Development and Investment Promotion (LEDIP) Office, in collaboration with the Local Economic Enterprise Office (LEEO) and BDO Foundation, held a Completion Ceremony for the 7th and 8th Batches of Uswag Negosyo Academy (UNA) trainees at the City Mayor’s Office, City Hall, April 15.
A total of 57 market vendors have completed six sessions of training related to business operations and market management to foster the growth of micro, small and medium enterprises (MSMEs).
To sustain the improvement in MSMEs’ competitiveness and as part of the agreement between the City Government and BDO Foundation, BDO Network Bank Iloilo facilitated their respective BDO Kabayan accounts.
The P5,000 given by BDO Foundation to the completers will serve as additional capital for their businesses and be deposited in their accounts.
This will also encourage MSMEs to practice financial literacy, which will help them save money and manage their expenses on a day-to-day basis.
Mayor Jerry P. Treñas commended the efforts of different offices, non-government agencies, and private companies for their huge support to the program.
“Congratulations to the newest batch of Uswag Negosyo Academy graduates! With each entrepreneur receiving P5,000.00 cash incentives from BDO, we’re empowering local businesses to thrive. Witnessing their growth in skills and confidence inspires our continued commitment to economic development,” Treñas said.
