DTI Triples Number Of Negosyo Centers In The Philippines Under President Duterte
The Department of Trade and
Industry (DTI) significantly expanded and strengthened its support and services
to the growing number of micro, small and medium enterprises (MSMEs)
nationwide, tripling the number of Negosyo Centers established across the
country from 144 in 2015 to 447 in 2016.
In 2016, DTI hit almost 200% of the
150 target with 298 Negosyo Centers built. Majority of the Centers launched
last year covered the period July to December 2016 under the administration of
President Rodrigo Duterte, with 197 centers launched.
DTI also surpassed its set targets
for the establishment of Negosyo Centers for two consecutive years. In 2015,
DTI established 144 Centers, exceeding the 100 target.
Through Negosyo Centers, DTI
assisted a total of 491,314 clients nationwide and conducted over 6,000
seminars for MSMEs and aspiring entrepreneurs. Negosyo Centers also created
over 41,000 MSMEs. There were 213,092 clients served from July to November 201 alone.
As infrastructures of
entrepreneurship, Negosyo Centers provide efficient services to MSMEs across
the archipelago, including through provision of business mentoring services,
information on market and access to money. These Centers are expected to bring
in business opportunities to communities and MSMEs and contribute to
countryside development.
MSMEs, backbone of the Philippine
economic growth, have become a priority of President Duterte, with the DTI placing
the sector’s development at the center of the trade agenda. The sector is
composed of 99.6% of locally registered businesses, generating over one million
jobs each year.
The launching of Negosyo Centers
are in line with Republic Act No. 10644 or the Go Negosyo Act which aims to
help MSMEs, promote ease of doing business, facilitate access to grants and
other forms of financial assistance to MSMEs and provide access to Shared
Service Facilities (SSF) and other equipment.
A special lane has been opened for
Overseas Filipino Workers (OFWs) at Negosyo Centers. In essence, these lanes
provide OFWs and their families options to either pursue business and stay in
the country for good or continue working abroad and entrust business to their
families and relatives.
One of the success stories is the
former OFW couple who in an anecdote shared by Sen. Aquino, an OFW family went
to a Negosyo Center in Iloilo City to explore possible government support it
could get in rolling out a business.
Completing the initial
registration, the OFW family was provided training needed to start a small
pastry shop. Taking advantage of an OFW facility offered by a local bank, the
family expanded its bakeshop by purchasing more equipment.
With such improvements, the
family’s local pastry shop has now become one of the suppliers of cupcakes
served in Filipino coffee shops and retail outlets.
Sec. Lopez called on OFWs to invest
back in the country as demand for work abroad may not be an all-time high. He
said that OFWs may explore idea-based, demand-driven and innovation-led
business and investment opportunities at home in the industries of food,
franchising, agriculture and services.
“OFWs’ distinguishing
characteristic of being hardworking is the same element that will lead them to
better quality of life,” he said.
Source: DTI.Gov
DTI Triples Number Of Negosyo Centers In The Philippines Under President Duterte
Reviewed by Yen
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January 13, 2017
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