Wednesday, June 11, 2008

Micro, Nano, Small and Medium Size Enterprises

Kabuhayan services up in Independence Day celebration in Luneta
The Arroyo administration and the private sector, through the
Inter-agency Coordinating Committee for Micro, Small and Medium
Enterprises (ICC-MSME) are working in tandem to offer an array of
kabuhayan services to interested individuals or groups during the
3-day Independence Day celebration, from June 10 to 12, at the Luneta.

With the liberating theme, “Go Negosyo! KABUHAYAN: KALAYAAN SA
KAHIRAPAN,” these kabuhayan services, which include entrepreneurship
advisory, financing, training, product development, and marketing, aim
to encourage more people, especially the poor, to become entrepreneurs
and actively participate in the country’s overall economic development.

Presidential Management Staff (PMS) Secretary Cerge M. Remonde, the
Cabinet Oversight Official for MSME Development and Chair of the
ICC-MSME, said several government agencies with MSME-related services,
together with the Philippine Center for Entrepreneurship (PCE) led by
Presidential Consultant on Entrepreneurship, Joey Concepcion III, will
man the seven “Go Negosyo” booths at the Luneta to ensure that people
can avail of these kabuhayan services.

Especially now that we are celebrating our 110th Independence Day, we
want more Filipinos to become entrepreneurs who will eventually bring
jobs and income to their families and communities and help in
liberating the country’s poorest from the clutches of poverty,”
Remonde said.

Given these wide array of Kabuhayan services, ordinary citizens who
would want to start their own businesses will be given proper guidance
and support.

At the “Go Negosyo” booths, there will be on-site loan processing
and/or referrals to concerned microfinance institutions in specific
localities as well as actual training demonstrations and product displays.

There will also be celebrity entrepreneurs who will help in mentoring
sessions by sharing their own experiences on how to put up and manage
a business. Success stories will also be shown through video
presentations.

Remonde said the vision of President Goria Macapagal-Arroyo to move
the country toward First World status will be more easily achieved if
everyone will partake in the economic development activities.

“We are heading towards this direction,” he said, noting that as of
March this year, MSME agencies have released and lent more than P217
billion to 3.85 million borrowers, generating about 2.21 million new
jobs or entrepreneurs or almost 74% of the 3-million target of
President Arroyo for the MSME sector by 2010.

The ICC-MSME is composed of the People’s Credit and Finance
Corporation, Department of Social Welfare and Development, Department
of Trade and Industry, Small Business Guarantee and Finance
Corporation, Bangko Sentral ng Pilipinas, Cooperative Development
Authority, Department of Agriculture, Development Bank of the
Philippines, Department of Finance, Department of Labor and
Employment, Department of Science and Technology, LandBank of the
Philippines, National Anti-Poverty Commission, National Commission on
the Role of Filipino Women, National Livelihood Development
Corporation, Quedan and Rural Credit Guarantee Corporation, Technology
Resource Center, Technical Education and Skills Development Authority,
Philippine Export-Import Credit Agency, UP-Institute for Small-Scale
Industries, Department of Tourism, Philippine Information Agency and
the government’s private sector partner, PCE. The ICC-MSME was created
by President Arroyo to find ways and strategies to develop, promote
and strengthen the MSME sector.

Features:

World Bank

International Monetary Funds

Perks and Responsibilities of Philippine American Dual Citizenships

go to the websites of the Philippine Consulates and Philippine Embassies in your respective states and countries

Ayala Foundation funds them too.

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