How does the Go Negosyo Act support MSMEs?
The Go Negosyo Act gives Filipinos – from a simple housewife to ordinary employee – a chance to establish their own business that will help sustain their everyday needs and for their families.
The Act mandates the creation of Negosyo Centers, under the Department of Trade and Industry (DTI), in each city and municipality around the country. Each Negosyo Center is an informative, service-oriented hub for entrepreneurs in each area. A strong partnership between the local government and the Department of Trade and Industry will ensure that Negosyo Centers will provide the services vital in establishing a start-up business and growing a sustainable enterprise.
In addition, the Negosyo Centers will provide courses and development programs, training, give advice on business conceptualization and feasibility, financing, management, capability building, human resources, marketing and other support services.