Declaration of Policy
- State policy aims for sustainable modern agriculture and food security.
- Focus on increasing incomes and potential of farmers and fisherfolk.
- Emphasizes public-private partnerships.
- Strengthens farmer and fisherfolk enterprise development through a comprehensive, coordinated, and holistic approach.
- Promotes entrepreneurship culture within agricultural and fishing communities.
Farmers and Fisherfolk Enterprise Development Program
- Establishes the "Farmers and Fisherfolk Enterprise Development Program" (the Program).
- Program promotes enterprises involving agricultural and fishery products.
- Integrated with Agriculture and Fisheries Modernization Plan and MSME Development Plan.
- Utilizes science-based technologies for product prioritization.
- Forms of assistance include:
(a) Improving production/productivity through services, skills, inputs, equipment, and infrastructure.
(b) Access to financing, including credit, grants, and crop insurance.
(c) Access to improved technologies via research & development.
(d) Business support for market access, marketing, and networking.
Coverage of the Program
- Covers agricultural and fisheries production, including processing.
- Covers acquisition of work animals, equipment, seeds, fertilizers, poultry, livestock, feeds.
- Includes procurement of products for storage, trading, processing, distribution.
- Encompasses construction, acquisition, repair of agri-fishery facilities.
- Supports working capital for agriculture/fisheries graduates.
- Supports agribusiness activities aimed at soil, water conservation, and ecology.
- Provides credit guarantees on uncollateralized loans.
Beneficiaries of the Program
- Existing producer groups in priority commodity value chains with market surplus potential.
- Farmers/fisherfolk willing to cluster and enter into contracts or marketing agreements.
- Producer groups willing to operationalize enterprise development.
- Micro, small, medium-scale processors, consolidators, exporters aiding producers.
- Farmers/fisherfolk beneficiaries must be organized members of a priority commodity value chain entity.
Implementing and Partner Agencies
- Department of Agriculture (DA) as main implementing agency.
- Collaborates with Philippine Coconut Authority, National Dairy Authority, BSWM, Bureau of Fisheries, ATI, ACPC, BAR, and others.
- Also works with Department of Agrarian Reform, DENR, DOST, DTI, DILG for support.
Private Sector Partnership
- Encourages partnerships between farmers/fisherfolk and private sector.
- Selection criteria for private partners include:
(a) Commitment to marketing contracts.
(b) Willingness for technology transfer.
(c) Financial and organizational capability.
(d) Relevant experience. - Private sector may provide equipment, machinery, and assistance.
- DA to set guidelines for private sector partner recognition.
Farmers and Fisherfolk Enterprise Development Council
- Council created to oversee Program implementation.
- Composition:
(a) DA Secretary or Undersecretary as Chair.
(b) Representatives from DTI, DILG, DOF, CDA.
(c) Representatives from farmers’ and fisherfolk organizations.
(d) Representatives from agriculture, food, restaurant, and business sectors. - Council to use DA-managed resources and require counterpart funds from partners, LGUs, and organizations.
Local Councils for Farmers and Fisherfolk Enterprise Development
- Agriculture and Fishery Councils (AFCs) to facilitate private sector involvement at regional and local levels.
Farmers and Fisherfolk Enterprise Development Information System
- Maintained by DA through Agribusiness and Marketing Assistance Service.
- Contains registry of enterprises, programs, private sector partners.
- Aims to support planning, resource generation, and market responsiveness.
Direct Purchase by Government Agencies
- Government agencies to directly purchase accredited farmers’ and fisherfolk products.
- Such procurement exempt from bidding but subject to negotiated procurement rules.
Tax Incentives and Exemptions
- Gifts and donations exempt from donor’s tax.
- LGUs exempt from real property tax on structures used for farm inputs and outputs, subject to value limits.
- Land Bank of the Philippines to offer preferential rates and special windows.
- Income tax exemptions to registered Barangay Micro-Business Enterprises (BMBEs).
Implementing Rules and Regulations
- DA, in consultation with DTI and DOF, to promulgate implementing rules within 60 days of effectivity.
Separability Clause
- Invalid or unconstitutional provisions do not affect the remaining provisions.
Repealing Clause
- Laws and regulations inconsistent with this Act are repealed or modified accordingly.
Effectivity
- Act takes effect fifteen (15) days after publication in the Official Gazette or newspaper of general circulation.