DOLE offers P500,000 to seafarer with best business plan
The Department of Labor and Employment (DOLE) is encouraging seafarers and their families to submit a business proposal, promising cash prize to the best one. The annual nationwide business plan competition, now on its third year, is a project of DOLE-National Reintegration Center for OFWs, in partnership with the Integrated Seafarers of the Philippines (ISP), and is open to returning seafarers. "We encourage our seafarers and their families who were not able to join in the past years to submit their business proposals," said NRCO Director Jeffrey Cortazar. "This is definitely their chance to join the competition." The competition, dubbed ‘From Seafarers to Entrepreneurs: The 2017 NRCO-ISP Business Plan Competition (Harnessing Seafarers’ Capacities for Business Enterprises Development), was launched on Wednesday in Manila. Cortazar said unlike in the past two years where only agri-business inclined proposals were accepted, this year’s competition wi...