The Department of Trade and Industry (DTI) is continuing its drive to reach and assist micro, small and medium enterprises (MSMEs) nationwide through expanding its Negosyo Center program, expecting to exceed its target of 150 centers this year.
Under Republic Act 10664 or the Go Negosyo Act, Negosyo Centers are established across the country to help MSMEs; promote ease of doing business; facilitate access to grants and other forms of financial assistance, Shared Service Facilities (SSF) and other equipment, and other support for MSMEs through national government agencies; ensure management guidance, assistance and improvement of the working conditions of MSMEs; and facilitate market access and linkage services for entrepreneurs.
The presence of a Negosyo Center in each municipality and province is to provide better and more efficient services to MSMEs.
In a statement, the DTI said it recently added 40 Negosyo Centers in the provinces of Cagayan, Isabela, Nueva Viscaya, Quirino and Batanes, which increased Negosyo Centers count to 103 in the first half of 2016, well ahead of the pace needed to reach its target of 150 for the entire year.
Ma. Esperanza Bañares, DTI Region 2 director, said that the presence of the 40 additional Negosyo Centers in the region would bring in more business opportunities to communities and MSMEs, adding that it will also contribute in the rapid development of various municipalities in the region.
Since the program’s inception in 2014, the DTI said a total of 252 Negosyo Centers are operational as of June 30 of which 162 centers are in Luzon, 46 are Visayas, and 44 in Mindanao.
To date, the DTI said it has assisted 178,681 existing or new entrepreneurs and 61,678 potential entrepreneurs through the Negosyo Centers.