Answer First
Primary Text
Functions of the Negosyo Centers. Negosyo Centers shall have the following functions:
(a) Promote ease of doing business and access to services for MSMEs within its jurisdiction;
(b) Coordinate and facilitate processes of government related to the set-up and management of MSMEs;
(c) Accept and facilitate all registration application of MSMEs;
(d) Coordinate with the respective local government units (LGUs) and liaise with concerned government agencies to process the duly accomplished forms submitted by the MSMEs;
(e) Integrate a unified business process system for MSMEs;
(f) Monitor and recommend business-process improvement for MSMEs;
(g) Encourage government institutions that are related to the business application process to help promulgate information regarding the Negosyo Center;
(h) Provide information and services in training, financing and marketing;
(i) Support private sector activities relating to MSMEs development;
(j) Co-organize with the local chambers of commerce and other business organizations a mentoring program for prospective and current entrepreneurs and investors;
(k) Build local support networks and establish market linkages for MSME development;
(l) Coordinate with schools and organizations on the development of youth entrepreneurship program;
(m) Encourage women entrepreneurship by giving women access to information, support, training and credit facilities;
(n) Facilitate access to grants and other forms of financial assistance, shared service facilities and equipment, and other support for MSMEs;
(o) Ensure management guidance, assistance and improvement of the working conditions of MSMEs;
(p) Establish a databank which shall be a source of all information necessary for project monitoring, research and policy studies and informal dissemination campaigns;
(q) Map out all information and services essential to prospective entrepreneurs and prospective investors especially in key value chains and economic subsectors within its jurisdiction;
(r) Establish a feedback mechanism among the MSMEs in the respective jurisdiction of Negosyo Centers: and
(s) Conduct other programs or projects for entrepreneurial development in the country aligned with the MSMEs development plan.
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