Section 6Sec./Art. 6

Duties of the EEC. The EEC shall:

(a) Formulate a national plan of action for the implementation of this Act;

(b) Study and standardize all current programs of schools and institutions on entrepreneurship and financial literacy;

(c) Research current government efforts in foreign countries with the end view of applying relevant practices in our education system;

(d) Provide assistance, training, and support to ensure coherence and clear progression of the objectives of this Act, namely:

(1) Provide information on available government and nongovernment assistance and training programs that may be availed of by students for further training and possible entrepreneurial and financial ventures;

(2) Develop mentoring and coaching programs for young entrepreneurs in coordination with eligible entities to facilitate sharing of technical knowledge and skills/technology transfer;

(3) Set up enterprise incubation laboratories and creative spaces in schools and communities in coordination with eligible entities to encourage enterprise creation and development; and

(4) Coordinate with the Department of Agriculture and Land Bank of the Philippines to develop lending and other support programs specifically for agriculture-related entrepreneurship activities; and

(e) Exercise such other powers as may be necessary to carry out the purposes of this Act.