Republic Acts1 min read
Section 7Sec./Art. 7
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Private Sector Partnership. Partnerships or alliances between farmers and fisherfolk and the private sector may be formed to improve market access of producer groups.
The following criteria shall be considered in the selection of private sector partners:
(a) Commitment to enter into marketing contract or a buy-back agreement with the producers group;
(b) Willingness to undertake technology transfer on the provided goods and/or services;
(c) Financial and organizational capability to undertake the proposed enterprise; and
(d) Established and actual experience in undertaking or implementing the proposed enterprise.
Private sector partners may also provide or donate equipment, machineries, and other forms of assistance to farmers and fisherfolk engaging in enterprise development.
The DA shall issue the guidelines and the qualification requirements in recognizing private sector partners of the Program.
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