Republic Acts1 min read
Section 3Sec./Art. 3
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Objectives.- The objectives of this Act are as follows:
(a) To provide a package of assistance for MSMEs with viable products in order to develop new, innovative, and more complex products, with significant improvement in the areas of quality, product development, design, packaging, standards and regulatory compliance, marketability, production capability, and brand development, among others;
(b) To assist rural communities in growing the local economy and being more market-oriented and innovation-driven;
(c) To promote the convergence of initiatives from local govenrment units (LGUs), national government agencies, and the private sector in developing and promoting Philippine products, whether for export or the domestic market; and
(d) To formulate a national OTOP Strategic Development Plan.
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