UNIDO helps to set up entrepreneurship center
THE United Nations Industrial Development Organization (UNIDO) led a forum last Monday at the University of Luzon (UL) for developing and tapping possible local small and medium enterprise (SME) ventures.
Discussed during the forum was the proposed Entrepreneurship Development Center (EDC), which will be established in the university.
UNIDO will help create the center through the Arab Regional Center for Entrepreneurship and Investment Training (ARCEIT) based on the Bahrain-Arab Model for Enterprise Development and Investment Promotion (EDIP), which has already been adapted in 18 countries.
Resource Speaker Dr. Ilene Valian Agana, business counselor for UNIDO-ARCEIT based in Bahrain, said UNIDO provides various forms assistance to businesses except financial.
Assistance includes technology tie-ups and transfer, drafting business ideas, business partnership, project implementation, and licensing and legal documentation.
ARCEIT will develop a team at the UL to manage and coordinate the implementation of EDIP within the proposed center.
The EDC, composed of university professionals, students and community members, will provide technical, operational, managerial and financial assistance to SMEs in Dagupan City.
Agana, a UL alumna, said even micro-businesses, including ambulant vendors, can be assisted through this project.
The forum was organized by the UL Center for Integrated Extension Services headed by Dr. Carmelo John Vidal. (PIA-Pangasinan/RRF)
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