TESDA infuses P65M training fund for IT-BPO industry



The Technical Education and Skills Development Authority (TESDA) firmed up its support to the Information Technology-Business Process Management (IT-BPM) with the infusion of fresh funding for the training of its potential workers.
 
The agency will channel P65 million worth of scholarship vouchers for the pre-employment training and retooling of incoming workers in the industry, according to separate Memorandum of Agreements (MOAs) recently signed by TESDA Director General Joel Villanueva with the Healthcare Information Management Association of the Philippines (HIMOAP) and Animation Council of the Philippines (ACPI).
 
The training will be carried out through TESDA's Training for Work Scholarship Program (TWSP).
 
"Prospects for continued growth are bright for the IT-BPO industry, and we should be able to capitalize on this opportunity," Villanueva said.
 
"We will continue to provide quality education and training to have a pool of skilled and employable youth for these firms," he said.
 
The separate MOAs stated that HIMOAP get P50 million worth of scholarship vouchers, while ACPI will get P15 million.
 
The training will complement the excellent infrastructure and support that the government continues to provide, which make the Philippines the top destination for IT-BPM firms, Villanueva said.
 
The agreement with HIMOAP will focus on training for Medical Transcription Finishing Course NC II, Medical Transcription NC II and Medical Coding and Billing NC II.
 
Beneficiaries under the MOA with ACPI will be trained to get employed in the animation industry. 
 
According to the agreements, the partners committed an employment rate of at least 75 percent within six months from the scholar's graduation.
 
HIMOAP also pledged to formulate a fund replenishment scheme to extend the mileage of the scholarship program.
 
Signing the separate agreements were Villanueva for TESDA,  Myla Rose Reyes for HIMOAP and Juan Miguel del Rosario for ACPI.
 
HIMOAP is a non-stock and non-profit organization which aims to promote the Philippines as a destination of choice for outsourced healthcare information management services (HIMS).
 
ACPI is an organization recognized and supported by the Philippine government whose aim is to promote the animation industry globally with the intention of creating an identity for the Philippines to be considered amongst the preferred countries that service the animation industry.
 
The MOAs are for the continuous partnership among TESDA and the two organizations for the training of workers in the IT-BPM industry.

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