Background

 

Republic Act No. 10644, Otherwise known as “Go Negosyo Act”, the Act seeks to strengthen micro, small and medium enterprises (MSMEs) to create more job opportunities in the country. It was signed into law by the President Benigno S. Aquino III on 15 July 2014, and which took effect on 13 January 2015. The Department of Trade and Industry (DTI) issued Department Administrative Order (DAO) No. 14-5 Series of 2014: “Implementing Rules and Regulations for Republic Act No. 10644″.

The Go Negosyo Act is targeted to bring government services closer to these MSMEs, particularly the small businesses, through the establishment of Negosyo Centers in all provinces, cities, and municipalities nationwide.

Negosyo Centers shall be responsible for promoting ease of doing business and facilitating access to services for MSMEs. Aside from facilitating business registration through the Philippine Business Registry (PBR) System, the Centers shall provide assistance to MSMEs in the availment of technology transfer, production and management training programs and marketing assistance of the Department of Trade and Industry (DTI), Department of Science and Technology (DOST), University of the Philippines – Institute for Small-Scale Industries (UP-ISSI), Cooperative Development Authority (CDA), Technical Education and Skills Development Authority (TESDA), and other relevant agencies.

Other salient features of the Act are as follows: 

  • Technology Transfer, Production and Management Training, and Marketing Assistance for MSMEs;
  • Establishment of a Philippine Business Registry Databank under the DTI to serve as database of all business enterprises in the country;
  • Establishment of a Start-up Fund for MSMEs “to provide financing for the development and promotion of MSMEs in priority sectors of the economy to be sourced from the MSME Development Fund and BMBE Fund;
  • Reconstitution of the MSME Development Council and its additional functions; and,
  • Designating DTI as the sole agency to issue BMBE Certificate of Authority for BMBEs to avail of benefits and incentives under RA 9178, or the BMBE Act of 2002.

Other salient features of the Act are as follows: 

  • Technology Transfer, Production and Management Training, and Marketing Assistance for MSMEs;
  • Establishment of a Philippine Business Registry Databank under the DTI to serve as database of all business enterprises in the country;
  • Establishment of a Start-up Fund for MSMEs “to provide financing for the development and promotion of MSMEs in priority sectors of the economy to be sourced from the MSME Development Fund and BMBE Fund;
  • Reconstitution of the MSME Development Council and its additional functions; and,
  • Designating DTI as the sole agency to issue BMBE Certificate of Authority for BMBEs to avail of benefits and incentives under RA 9178, or the BMBE Act of 2002.

THE NEGOSYO CENTER

Negosyo Center is a one-stop-shop for services that caters to the entrepreneurs’ need in processing requirements to establish a business, and in accessing information essential for their growth.

The would-be and existing micro, small and medium enterprises will benefit from this facility as it will:

  • make establishing a business anywhere and everywhere substantially easier, and will provide an enabling environment for entrepreneurs to further grow and flourish throughout the country;
  • facilitate and expedite the business application process of MSMEs in coordination with the LGUs and other concerned agencies;
  • facilitate market linkages to develop and sustain the competitiveness of MSMEs and help sell their products and services to existing and new markets for both domestic and international; and,
  • facilitate access to financial assistance and grants; and design and undertake programs that will promote entrepreneurship.

Package of Services Offered

The Negosyo Center provides basic and advanced services on business registration assistance, business advisory services, business information and advocacy, and monitoring and evaluation of performance of the Center and its MSME clients, as follows:

  • Business Registration Assistance. Facilitates processing and documentation of paper requirements necessary for the establishment of micro, small and medium enterprises;
  • Business Advisory Services. Provides MSMEs advisory services tailored according to their needs that include product development, trade promotion, financing facilitation, investment matching, and SME counseling; and,
  • Business Information and Advocacy. Provides economic, technical, market and investments related materials and conducts information campaigns through trainings, seminars, dialogues, and publications.

PUBLIC-PRIVATE PARTNERSHIP

Various national government agencies (NGAs), Local Government Units (LGUs), as well as private sector groups shall be tapped to provide the Center with the services it needs for the MSMEs. An office/organization may extend more than one service, whenever the need/demand for it arises. This may fall in all or either of the Center’s major services: Business Registration, Business Advisory Services, and Business Information and Advocacy.

  • Government agencies
    • DILG/Local Government Units (LGUs)
    • Department of Science and Technology (DOST)
    • Department of Agriculture (DA)
    • National Economic Development Authority (NEDA)
    • Department of Finance (DOF)
    • Department of Labor and Employment (DOLE)
    • Department of Trade and Industry (DTI)
    • Technical Education and Skills Development Authority (TESDA)
    • Commission on Higher Education and Development (CHED)
    • Philippine Information Agency (PIA)
  • Private Groups
    • Academe
    • Industry Organizations
    • Financing Institutions
  • Local Project Partners
    • Provincial Micro Small and Medium Enterprise Development Council
    • Camarines Sur Chamber of Commerce and Industry
    • Rinconada Filipino-Chinese Chamber of Commerce and Industry
    • Bicol Producers and Manufacturers Association of Camarines Sur
    • Small Business Corporation
    • Department of Environment and Natural Resources
    • Social Security System
    • Development Bank of the Philippines
    • Land Bank of the Philippines
    • Philippine National Bank
    • Federation of Market Vendors Association