Question & AnswerQ&A (EXECUTIVE ORDER NO. 793)
The main purpose is to make 'Go Negosyo, Sagot sa Kahirapan and Entrepreneurship' banner programs of the Administration and expand the composition of the Small and Medium Enterprise Development Council into the Micro, Small and Medium Enterprise Development Council (MSMED).
Republic Act No. 9501, approved on May 23, 2008.
The Secretary of Trade and Industry serves as the Chairman of the MSMED Council.
Members include the Secretary of Agriculture, Secretary of the Interior and Local Government, Secretary of Science and Technology, Secretary of Tourism, Chairman of Small Business Corporation, representatives from MSME sector representing Luzon, Visayas and Mindanao, one labor sector representative, and a representative from the private banking sector.
The Cooperative Development Authority, National Livelihood and Development Corporation, People’s Credit and Finance Corporation, and University of the Philippines Institute for Small Scale Industries.
It is a unified framework combining all training and capacity-building programs for MSMEs, presented in an Entrepreneurship Summit and cascaded to all local government units.
Governors and Mayors are encouraged to become Negosyo Champions to support MSME development.
The Press Secretary is tasked to conduct the advocacy and awareness campaign for the banner MSME programs.
It serves as the unified brand for communication campaigns and programs related to MSME development.
The approach includes Entrepreneur Mindset (Go Negosyo), Market-Orientation and Access, Product Innovations/Technology and Design, Financing Support, and Fora for Networking and Mentoring.
Yes, all executive issuances, rules, or regulations inconsistent with EO No. 793 are repealed, amended, or modified accordingly.
It took effect immediately upon signing on April 4, 2009.