• DTI’s Negosyo Center to spur economic boom


    TAGBILARAN CITY, Bohol: Economic boom gets an additional leverage as the Department of Trade and Industry in Bohol launched the first Negosyo Center in the province, the latest addition in the country.

    DTI now has close to 70 Negosyo Centers in the country, and targets to hit 80 by the end of this month and might be able to open 145 Negosyo Centers in different areas of the country by end of the year.

    As of June, DTI already accomplished 50 percent of the total target of 100 Negosyo Centers nationwide this year and funds had been allocated per region.

    For Central Visayas, DTI-7 Regional Director Aster Caberte said all provinces might be able to launch Negosyo Centers by September, including one at the Bohol One Stop Shop at the old Capitol building.

    To follow the one launched on July 22 at the DTI-Bohol office is Bogo City in Cebu next month.

    Negros Oriental just opened a Negosyo Center on July 16 and another one will be added next month.

    There are existing Negosyo Centers in Cagayan De Oro City and Iloilo City, while the pilot centers are in Batangas City and Quezon City.

    Caberte said DTI intends to cover the entire archipelago with Negosyo Centers.

    She challenged the city government of Tagbilaran to also host one once renovation of the City Hall will be completed.

    This is in consonance with Republic Act 10644 or the Go Negosyo Act introduced by Sen. Bam Aquino.

    For her part, DTI Undersecretary Zenaida Maglaya pointed out that the DTI has not opened the Negosyo Center as an additional wing office just to comply with the requirement mandated by law, but also to bring the services nearer to micro, small and medium enterprises.

    This is the reason why DTI targets to establish Negosyo Centers in all cities, municipalities and provinces.

    The Negosyo Center makes it easier for entrepreneurs to start and make their companies grow.

    In the past, without the Negosyo Center, it had been tedious for entrepreneurs to process their licenses and other requisites to start a business.

    Now, they just have to go straight to the Negosyo Center of DTI.

    Local governments had also assured to establish Negosyo Centers in their areas.

    The Negosyo Centers will help entrepreneurs link to financing institutions, service providers and other entities that can help them out in starting or expanding their businesses.

    Under the Go Negosyo Act, the micro, small and medium enterprises development (MSMED) Council “shall provide policy direction towards recognizing women’s propensity in doing business as well as establish linkages that will enable more opportunities for women to engage in entrepreneurship.”

    Maglaya also said the Negosyo Centers will link SMEs with banks and financing institutions or with government agencies such as Department of Labor and Employment (DOLE), Department of Social Welfare and Development (DSWD) and DTI–through the Small Business (SB) Corporation, to help those who need financial assistance.

    The entrepreneurs just have to know how to network and how to go about it and the DTI can facilitate training programs on financial management, financial literacy.

    DTI’s Negosyo Center can funnel more investment from SMEs where the city government of Tagbilaran can complement by making the playing field fair and the rules will be implemented objectively.

    Tagbilaran City Mayor John Geesnell Yap assured that no legitimate business will be deprived of business permit this time as long they comply with all the requisites.

    This is to correct the practice in the previous administration wherein some companies complained of having been deprived of business permits after earning the ire of the mayor.

    Caberte explained that RA 10644 makes it a rule that applications with complete requisites will be deemed approved in a prescribed period when not acted upon by the office of the mayor.

    Bohol Chamber of Commerce and Industry (BCCI) president Al Uy expressed optimism that the DTI-Negosyo Center would get the cooperation of local government units, especially in towns far from the capital city to also spur economic boom in farther areas.



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