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ADB, govt launch enterprise grants

THE Asian Development Bank (ADB), in partnership with Department of Trade and Industry, launched SkillsUpNet Philippines (SUNPh), which gave grants to five enterprises based in Bicol, Davao and Cebu as part of the government's National Employment Recovery Strategy 2021-2022.

SUNPh awarded grants ranging from $20,000 to $80,000 to Dagos Tabi Albay Micro and Small Accommodation Enterprises Network for the tourism sector; Cebu Constructors' Network for construction; Cebuanimation Network for information technology-animation; Kapehan Sa Davao for agribusiness; and Sulong Davao Business Owned by Women for women-led enterprises.