TESDA, under the leadership of Secretary Joel Villanueva and the DSWD represented by Undersecretary Parisya Hashim-Taradji, launched the Cash for Training Project or C4TP.
The project seeks to benefit 65,000 youth members all over the country. Other than skills training opportunities, the project also aims to provide job facilitation services and entrepreneurship support to its beneficiaries.
In support of the government’s thrust to provide a sustainable intervention to improve the plight and condition of the youth, TESDA and DSWD are implementing the “TESDA-DSWD Cash for Project’. This is aimed to empower the youth through skills training and assistance for gainful (wage) employment and entrepreneurial activities (self-employment).
The Department of Social Welfare and Development (DSWD) shall identify municipalities in the region as well as the beneficiaries eligible for assistance using the nationally approved criteria. Each beneficiaries is entitled to cash assistance in the form of a training voucher for scholarship, toolkits for self-employment , competency assessment fee and an allowance while on training which should not exceed the total amount of Twenty Thousand Pesos (Php 20,000) per beneficiary. The training voucher will enable the beneficiary to enroll in a TESDA registered program or a training program organized for a purpose.
While attending the training program, the scholar will be given an allowance in two tranches. This will be granted at the middle and at the end of the training program. This is to augment their transportation and other miscellaneous expenses.