Monday, October 3, 2022

DA Gives P5.5-M Startup Capital To Youth Groups In Caraga


DA Gives P5.5-M Startup Capital To Youth Groups In Caraga


How do you feel about this story?


At least 75 youth groups and individuals benefited from a PHP5.5 million grant as startup capital for their agri-based projects in Caraga Region, regional agriculture officials said Tuesday.

Emmylou Presilda, Department of Agriculture in the Caraga Region (DA-13) information officer, said 40 individual youths were provided with PHP50,000 each startup capital during the ceremony held in this city Monday.

“Another 35 youth groups from the different provinces in the region also received PHP100,000 each as capitalization for the agriculture-based ventures,” Presilda said in an interview.

In a statement, DA-13 said the release of the financial support was carried out through the 2nd Young Farmers Challenge: Kabataang Agribiz Competitive Grant Assistance Program of the agency.

“The program also gets support from Senator Imee Marcos to encourage aspiring youths to engage in agriculture and fishery enterprises,” Rebecca Atega, the DA-13 technical director for operations, was quoted as saying.

Young people are also urged to focus their ventures on production, processing and supply chain marketing, Atega added.

“I hope you will pursue a more profitable agribusiness to help our country,” she said, adding that agriculture is the solution to ensuring that the country will have access to safe, affordable and available food.

The DA, she said, will provide full support to the youths, whether individuals or groups, to become successful agricultural entrepreneurs.

Among the individual beneficiaries of the program was Jessa Myr Balandra, 24, proprietor of the Umaalima Goat Production in the town of Nasipit, Agusan del Norte.

“With the capital provided by DA, I intend to purchase highly productive meat goat breeds, particularly the Anglo Nubian and Boer breeds,” Balandra said.

The funding, she said, is a huge help to realize the plans of young entrepreneurs like her in the province and the whole region. (PNA)

Latest News


BINI Drops Sophomore Album “Feel Good”

P-pop girl group BINI has recently released their sophomore album titled "Feel Good".

Enjoy Amazing Pair Of Flip-flops At Havaianas’ Brand Day On Shopee And Get Up To 50% Off!

Level up your 10.10 Shopee experience with Havaianas’ Brand Day this October 6 and get up to 50% off on your favorite Havaianas pairs!

#LifeBeginsWell With Biolane: 50 Years Of Expertise And Moments Shared With Families

Biolane celebrated its golden anniversary in giving effective skincare for babies with the theme #LifeBeginsWell.

Nearly 800 Families Affected By Typhoon Karding Received Help From ABS-CBN Foundation

After Typhoon Karding, the ABS-CBN Foundation provided assistance to residents of barangay San Miguel in Bulacan.

‘The Atom Araullo Specials,’ Sole PH Finalist At The 4th Asia Contents Awards

GMA Public Affairs documentary series “The Atom Araullo Specials” was nominated as a finalist for the 4th Asia Contents Awards.

The Great Filipino Story