Department of Agriculture (DA) Secretary William Dar and PA Joey Concepcion of Go Negosyo signed a deal to redirect agriculture to modernization through expanding agribusiness programs.
As cited in the report of Philstar, DA Secretary determined that farmers could not meet the demand of the country when they are not equipped with skills, capital, and technology to protect their businesses and harvests. One solution for this is to strengthen the partnership between the government and private sector.
“As an institution dedicated to uplifting the working and living conditions of our farmers, DA renewed its commitment to support Go Negosyo’s agri-development programs, including one of our flagship initiatives, the Kapatid Agri Mentor Me Program (KAMMP),” report said.
Moreover, through mentorship and module seminars of KAMMP, many agripreneurs across the country have scaled up their farming businesses.
“Entrepreneurial mind-setting and values formation, marketing management, basic accounting, finance management, farm operations management, agri-supply and value chain, basic coop management, basic business law, and business plan development are among the seminar modules taught by Go Negosyo’s mentors,” report mentioned.
What’s more, Go Negosyo will also establish Angat Lahat sa Agri-Business (ALAB), a second phase of KAMMP. Report stated that this will “instill in graduate mentees and cooperatives the significance of the value chain approach as an inclusive growth model for businesses, as well as provide firm linkages to market and financing sources for possible expansions”.
Respectively, a MOA signing of the “Agriculture value chain financing with capacity building for smallholder cacao farmers” partnership in Mindanao was also conducted.
“This initiative aims to increase the exposure of small farmers and fisherfolk to economic opportunities through the Agricultural Value Chain Financing Support and Capacity Building through Entrepreneurship and Organizational Development (ASCEnD) to develop the capacity of non-bank rural financial institutions (NBRFIs), particularly private financing/lending corporations,” report said.