OFWs to get Tech-Based Business Boost with DOST’s iFWDPH Program

The Innovations for Filipinos Working Distantly from the Philippines (iFWDPH) program of the Department of Science and Technology (DOST) took center stage in the fourth episode of Tekno Presyensya, the radio program of DOST Region 1 in partnership with DZAG Radyo Pilipinas Agoo, on February 20, 2025. The episode featured Ms. Daisy Rose Sidayen, Project Staff of iFWDPH DOST Region 1, who discussed how the program supports Overseas Filipino Workers (OFWs) looking to establish technology-based enterprises in the country. By providing training, resources, and financial assistance, iFWDPH empowers OFWs and their families to start businesses in sectors such as food processing, agriculture, ICT, health, and more. Applications for the program are open until February 28, 2025, with interested applicants encouraged to contact DOST Region 1 for inquiries.

Ms. Sidayen explained that iFWDPH is designed to help returning and active OFWs, as well as their immediate families, transition into entrepreneurship. The program is structured into two phases. Phase 1, the Technopreneurship Capacity Building stage, spans three months and equips participants with essential business knowledge, including opportunity identification, product development, supply chain management, and e-commerce strategies. Participants also undergo the iFWDPH Bootcamp, where they craft business proposals and refine their pitches for potential funding. Upon successful completion of Phase 1, participants may proceed to Phase 2, the Innovation Fund, where they can access financial assistance of up to PHP 500,000. This funding includes PHP 150,000 in technical assistance and PHP 350,000 for equipment or machinery, offered at zero percent interest and payable for 3 years.

The program significantly contributes to job creation and industry growth by enabling OFWs to establish sustainable businesses in the Philippines. To qualify for Phase 2, applicants must complete Phase 1, register their business with the Department of Trade and Industry (DTI), secure a Mayor’s Permit, and submit a business proposal using DOST-approved forms. Additionally, OFWs who are still abroad may designate a family member as their business representative, or enterprises may be owned by a group of OFWs, such as cooperatives.

Apart from funding, iFWD PH offers various support interventions, including food safety training, product development, plant layout assistance, packaging and labeling design, and resource efficiency guidance. These interventions ensure that OFW-owned enterprises adhere to industry standards and remain competitive in the market.

With the February 28 deadline fast approaching, DOST Region 1 urges interested OFWs, and their families housed in Region 1 to apply as soon as possible. For inquiries, applicants may visit their nearest DOST office or contact the DOST Region 1 through [email protected] or [email protected]. (Christian Dominic Casimiro)