A Go Negosyo Center will soon emerge at the Manila City Hall, in order to promote and encourage entrepreneurship in the city.
Go Negosyo centers are established in local government units throughout the country, for the purpose of promoting ease of doing business and facilitating the access of micro, small, and medium-scale enterprises (MSMEs) to various government services and programs. The centers are placed under the supervision of the Department of Trade and Industry (DTI) through its regional offices.
Launched in 2014 pursuant to Republic Act 10644 (the Go Negosyo Act), the program now includes the training and reskilling of present and would-be investors and entrepreneurs, in keeping with emerging business trends.
Following the signing of a Memorandum of Agreement with DTI over the creation of such a center in the city, the City Council passed on Tuesday, 12 September 2023, a resolution authorizing Mayor Maria Sheilah “Honey” Lacuna-Pangan to enter into a related data sharing agreement with the Department, consistent with data privacy laws. The agreement will include a data-sharing scheme, through a common data bank that will store information necessary for monitoring the program and formulating policies.
“A Go Negosyo center in Manila will revitalize local industries, particularly MSMEs”, said 5th District Councilor Raymondo R. Yupangco, the resolution’s principal author. “This is also in line with Republic Act 9178, or the Barangay Micro Business Enterprises Act of 2002, which provides assistance and incentives to micro businesses established in the barangays”, he added.