One Town, One Product (OTOP) - Philippines
- One Town, One Product (OTOP) - Philippines
The One Town One Product (OTOP) is a priority program of President Gloria Macapagal-Arroyo to promote entrepreneurship and create jobs. Through OTOP, local chief executives of each city and municipality take the lead in identifying, developing and promoting a specific product or service, which has a competitive advantage[cite web|url=http://www.otopphilippines.gov.ph|title=OTOP-Philippines Website|publisher=Philippine Government|language=English|accessdate=2008-09-12] .]OTOP Philippines supports micro, small and medium enterprises (MSMEs) to manufacture, offer and market distinctive products or services through the use of indigenous raw materials and local skills and talents.
Program Features
OTOP Philippines offers a comprehensive assistance package through a convergence of services from Local government units (LGUs), national government agencies (NGAs), and the private sector. This includes:
* Business Counselling
* Skills and entrepreneurial training
* Product design and development
* Appropriate technologies
* Marketing
The Medium-Term Philippine Development Plan (MTPDP) 2004-2010 outlines the dual strategies of product development through OTOP and credit provision through SULONG (SME Unified Lending Opportunities for National Growth) to support 3 million entrepreneurs and generate 6 to 10 million jobs.
See also
* One Tambon One Product
* One Village One Product
* One Town One Product (OTOP) – Taiwan
* http://online-jobs-philippines.blogspot.com
References
Wikimedia Foundation.
2010.
Look at other dictionaries:
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