DOLE-NRCO, ISP open 3rd business plan competition

Date Posted: February 10th, 2017 09:40 AM

Seafarers and their families will again be given a chance to set up their own income-generating ventures with the Department of Labor and Employment-National Reintegration Center for OFWs (DOLE-NRCO)-Integrated Seafarers of the Philippines (ISP) business plan competition for returning seafarers.

The nationwide competition, dubbed ‘From Seafarers to Entrepreneurs: The 2017 NRCO-ISP Business Plan Competition (Harnessing Seafarers’ Capacities for Business Enterprises Development)’, will soon accept business plans, from which judges will choose the best one to win the grand prize amounting to P500,000.00.

The contest, which is on its third year, aims to encourage and further assist qualified seafarers intending to venture into social entrepreneurship and eventually contribute to the growth of jobs in their communities.

“We are now in the process of planning and arranging the vital activities and undertakings related to this year’s competition. Our goal is to make the competition more enhanced every year,” said NRCO Director Chona Mantilla.

“Definitely this project will push through this year. Heto po ang aming tulong para sa ating mga marino at kanilang pamilya. Wala pong forever sa pagbabarko,” said ISP President Capt. Gaudencio Morales.

Last year, a seaman from the Bicol region bagged the “Business Plan of the Year” award, for his Soft Broom Making business.

Meanwhile, Director Mantilla said the details on the media launching and competition process for this year will be announced soon through the NRCO website, and NRCO facebook

The Integrated Seafarers of the Philippines is a non-stock and non-profit organization formed and established for the welfare of Filipino seafarers and their families. It aims to create avenues where the seafarers' families can improve their lives while the seafarers are on active duty; and to provide ways for their easier social reintegration after the culmination of their overseas jobs.

The NRCO is mandated to develop, promote and implement a national agenda on sustainable return and reintegration to address the multi-faceted reintegration needs of returning Overseas Filipino Workers and their families, including the development of their hometowns or communities.

The primary clientele of the NRCO are returning OFWs who are classified as undocumented OFWs; displaced, distressed and repatriated OFWs; returning OFWs or OFWs who return to the Philippines on a temporary basis with the intention of going back abroad; OFW returnees or OFWs who return to the Philippines with the intention to stay in the country on a permanent basis; and families of returning OFWs.

END/Tim Laderas with a report from A. Camoral

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