Expansion and Programs for MSME Development

Ask AI

EXECUTIVE ORDER NO. 793: Expansion and Programs for MSME Development

Getting related questions...
What do you want to know about the law?
Your conversations and searches stay on your device. We do not store or track your activity on our servers. To know more about our privacy commitment see jur.ph/privacy Ask AI provides quick answers grounded in full case texts to avoid mistakes. Always verify with the original text.

Ask AI

Title Supreme Court: Expansion and Programs for MSME Development

Law: Executive Order No. 793

Decision Date: Apr 4, 2009

Gloria M. Arroyo's Executive Order No. 793 establishes "Go Negosyo, Sagot sa Kahirapan and Entrepreneurship" as key initiatives, expands the Micro, Small and Medium Enterprise Development Council, and unifies training programs to enhance support for entrepreneurs and job creation in the Philippines.

executive order

entrepreneurship

small enterprises

A

Expansion of MSMED Council Membership

MSMED Council expanded to include heads of key agencies involved in MSME finance:
1. Cooperative Development Authority
2. National Livelihood and Development Corporation
3. People’s Credit and Finance Corporation
4. University of the Philippines Institute for Small Scale Industries

Entrepreneurship Development Framework (EDF)

Unification of all training and capacity-building activities into one framework.
An Entrepreneurship Summit to present the EDF, delineating government and private sector roles.
EDF to be implemented at all local government units for wider reach.

Role of Local Officials

Governors and Mayors encouraged to act as "Negosyo Champions" to foster local entrepreneurship.

Communication and Branding

All initiatives consolidated under a single brand called "Negosyo" for cohesive advocacy.

Holistic Support Approach

Integration of initiatives covering:
- Entrepreneurial mindset cultivation (Go Negosyo)
- Market orientation and access
- Product innovation, technology and design
- Financial support
- Networking and mentoring forums
These supports to be made accessible to MSMEs.

Budget Consolidation

Executive budget for the program will be consolidated for streamlined funding and implementation.

Advocacy and Awareness Campaign

Press Secretary tasked to lead nationwide promotion and information dissemination regarding the programs.

Repeal and Amendment of Inconsistent Rules

Supersedes any existing executive issuances or regulations conflicting with the provisions of this order.

Effectivity

The Executive Order is effective immediately upon issuance on April 4, 2009.

END