The government, in partnership with the Asian Development Bank (ADB), will award funding grants of up to $80,000 or P4.3 million to five so-called networks of enterprises in Bicol, Davao and Cebu under the SkillsUpNet Philippines (SUNPh) program.
The government, in partnership with the Asian Development Bank , will award funding grants of up to $80,000 or P4.3 million to five so-called networks of enterprises in Bicol, Davao and Cebu under the SkillsUpNet Philippines program.
SUNPh is part of government’s National Employment Recovery Strategy 2021–2022 to improve workers’ access to jobs, livelihoods, and training. It is being implemented as a pilot program. Sixty-six enterprises and nearly 600 workers from the five networks will benefit from the enterprise-led skills training scheme, said the ADB.
“Through SkillsUpNet Philippines, we are helping the government with one innovative solution to addressing skills–jobs mismatches in the labor market, retooling and reskilling Filipino workers to raise productivity, and improving employees’ prospects for better opportunities and higher incomes,” he added.
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