Go Negosyo
Go Negosyo
Go Negosyo
CRUDA LLB-1
Statutory Construction
TITLE
ENACTIN
G CLAUSE
PURVIEW
OF THE
STATUTE
(g) Encourage government institutions that are related to the business application
process to help promulgate information regarding the Negosyo Center;
(h) Provide information and services in training, financing and marketing;
(i) Support private sector activities relating to MSMEs development;
(j) Co-organize with the local chambers of commerce and other business organizations a
mentoring program for prospective and current entrepreneurs and investors;
(k) Build local support networks and establish market linkages for MSME development;
(l) Coordinate with schools and organizations on the development of youth
entrepreneurship program;
(m) Encourage women entrepreneurship by giving women access to information, support,
training and credit facilities;
(n) Facilitate access to grants and other forms of financial assistance, shared service
facilities and equipment, and other support for MSMEs;
(o) Ensure management guidance, assistance and improvement of the working
conditions of MSMEs;
(p) Establish a databank which shall be a source of all information necessary for project
monitoring, research and policy studies and informal dissemination campaigns;
(q) Map out all information and services essential to prospective entrepreneurs and
prospective investors especially in key value chains and economic subsectors within its
jurisdiction;
(r) Establish a feedback mechanism among the MSMEs in the respective jurisdiction of
Negosyo Centers: and
(s) Conduct other programs or projects for entrepreneurial development in the country
aligned with the MSMEs development plan.
SEC. 5. Registration.
(a) Registration of MSMEs
(1) A unified and simplified business registration form shall be developed by the DTI and
shall be made available in all Negosyo Centers. The unified business registration form
shall contain all necessary information for the business application process of MSMEs.
The DTI shall be responsible for regularly updating and maintaining the unified business
registration forms.
(2) The Negosyo Center of each city or municipality shall facilitate and expedite the
business application process of MSMEs in coordination with the LGUs and other
concerned agencies.
(3) Should the concerned business permits and licensing offices fail to process the
application within fifteen (15) days, the MSME shall be deemed registered for a period of
one (1) year: Provided, however, That within a period of thirty (30) days from the date of
application of an MSME, any business permit or licensing office shall have the authority
to revoke the permit or license upon determination that an MSME has not met the
requirements and qualifications imposed by the office.
(4) Thereafter, MSMEs shall renew their registration annually.
(b) Certificate of Authority for Barangay Micro Business Enterprises (BMBEs) The DTI,
through the Negosyo Center in the city or municipal level, shall have the sole power to
issue the Certificate of Authority for BMBEs to avail of the benefits provided by Republic
Act No. 9178, otherwise known as the Barangay Micro Business Enterprises (BMBEs)
Act of 2002. Upon the approval of registration of the BMBE, the Negosyo Center shall
issue the Certificate of Authority, renewable every two (2) years. The DTI, through the
Negosyo Center may charge a fee which shall not be more than One thousand pesos
(P1,000.00) to be remitted to the National Government.
(c) Philippine Business .Registry Databank A Philippine Business Registry Databank
(PBRD) shall be established under the DTI to serve as a repository of information of all
business enterprises in the Philippines.
SEC. 6. Eligibility. Any person, natural or juridical, having the qualifications as defined
in Section 3(a) of Republic Act No. 9178 may apply for registration as MSME.
SEC. 7. Start-up Funds for MSMEs. Aside from the existing benefits for MSMEs, the
MSMED Council, through the DTI, the Department of Finance (DOF) and the appropriate
financing institutions, shall establish a Start-up Fund for MSMEs to be sourced from the
MSME Development Fund and BMBE Fund to provide financing for the development and
promotion of MSMEs in priority sectors of the economy as specified in the MSMED Plan.
SEC. 8. Technology Transfer, Production and Management Training, and Marketing
Assistance. The Negosyo Centers shall provide assistance to MSMEs in the availment
of technology transfer, production and management training programs and marketing
assistance of the 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 agencies concerned.
SEC. 9. Composition of the Micro, Small and Medium Enterprises Development
(MSMED) Council. The members of the Council shall be the following:
(a) The Secretary of Trade and Industry as Chair;
(b) The Secretary of Agriculture;
(c) The Secretary of the Interior and Local Government;
(d) Three (3) representatives from the MSME sector to represent Luzon, Visayas and
Mindanao with at least one (1) representative from the microenterprise sector;
(e) One (1) representative from the .women sector designated by the Philippine
Commission on Women;
(f) One (1) representative from the youth sector designated by the National Youth
Commission; and
(g) The Chairman of Small Business Corporation.
A. Advisory Unit. There shall be an Advisory Unit to the Council, which shall consist of
the following:
(a) The Secretary of Science and Technology;
(b) The Governor of the Bangko Sentral ng Pilipinas;
(c) The President of the Land Bank of the Philippines;
(d) The President of the Development Bank of the Philippines;
(e) The Director General of the National Economic and Development Authority;
(f) One (1) representative from the labor sector, to be nominated by accredited labor
groups;
(g) A representative from the private banking sector to serve alternatively between the
chamber of thrift banks, and the Rural Bankers Association of the Philippines (RBAP);
SEPARAT
ORY
CLAUSE
REAPEALI
NG
CLAUSE
SEC. 14. Separability Clause. If any provision of this Act shall be held unconstitutional,
the remainder of this Act not otherwise affected shall remain in full force and effect.
EFFECTIV
ITY
CLAUSE
SEC. 16. Effectivity. This Act shall take effect fifteen (15) days after its publication in
the Official Gazette or in a newspaper of general circulation.
SEC. 15. Repealing Clause. Section 4 of Republic Act No. 9178 is hereby repealed.
Sections 7-A and 7-B ofRepublic Act No. 6977, as amended by Republic Act No. 8289
and Republic Act No. 9501, are hereby amended. Section 12 of Republic Act No. 9178 is
also hereby amended. All other existing laws, presidential decrees, executive orders,
proclamations or administrative, regulations that are inconsistent with the provisions of
this Act are hereby amended, modified or repealed accordingly.
Approved,
AUTHORI
ZED
SIGNATU
(Sgd.) FELICIANO BELMONTE JR.
Speaker of the House
of Representatives
PROMULGATI
ON DATE