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BUSINESS BOOST | Negosyo Centers launched in Davao region

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Three new Negosyo Centers were launched in the Davao Region last July. These centers provide a number of services that aim to support existing businesses as well as small start-up businesses.

The Department of Trade and Industry (DTI)-XI launched three separate Negosyo Centers in Davao Region during 2nd week of July. On July 6, the Negosyo Center in Davao Oriental opened while on July 9, similar facilities were launched in Davao del Sur and Davao City.

A Negosyo Center is a one-stop shop for services intended to support existing businesses as well as small start-up businesses. Its establishment is provided for in Republic Act No. 10644 (Go Negosyo Act) authored by Senator Paolo Benigno “Bam” Aquino IV, and was signed into law in July 15, 2014. It provides an array of services categorized into three major classifications, as follows: a) business registration assistance; b) business advisory; and, c) business information and advocacy.

For business registration, start-up businesses will be assisted in terms of information and facilitation of their registration documents and procedures for business name registration, business licensing and other regulatory permits. The Center will also be accepting and processing application for Barangay Micro Business Enterprises (BMBE) certificate, as soon as procedures and guidelines are finalized.

Business advisory consists of counseling services to guide Micro Small and Medium Enterprises (MSME) in the areas of financing access and financial management, product development, market promotion, and, investment promotion, among others.

Under Business Information and Advocacy, the Center will provide relevant business information such as economic, technical, market and investments-related info data and materials and facilitate related info campaigns in the form of trainings, seminars, briefings, and, dialogues.

According to DTI 11 OIC – Regional Director Maria Belenda Q. Ambi, the Negosyo Centers will also leverage on the collaboration of government agencies, local government units, financing institutions and business support organizations to consolidate and make accessible support programs and services to the MSMEs.

In Davao Oriental, the Negosyo Center is located at the DTI-DO Provincial Office, 2F valles Building, Rizal Street, Mati City. In Davao del Sur, it is hosted by the Cor Jesu College of Digos, located at its main campus along Sacred Heart Avenue, Digos City. In Davao City, the Negosyo Center is hosted by the City Government of Davao and is located at the DCIPC, Door 7, Magsaysay Park Complex, R. Magsaysay Avenue.

Davao del Norte and Compostela Valley will launch their own Negosyo Centers in August and September 18, respectively. (Department of Trade and Industry press release)

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