In classic convergence strategy common in Bohol, the Department of Trade and Industry (DTI) here and the Local Government of Panglao opened Bohol’s 10th business facilitation center as authorities assured entrepreneurs that the Duterte Administration is not just lip servicing its help to micro, small and medium enterprises (MSMEs).
Both Panglao and Sevilla LGUs put up funds for convergence with DTI while the trade agency pays for the NC personnel, office fixtures and collaterals, for the hub to operate, according to LGU Panglao sources.
DTI Regional Director Asteria Caberte and Panglao Mayor Leonila Montero led local, officials including Bohol Chamber of Commerce and Industry representative Engr. Steven Lim, Ariel Lungay from Office of Representative Rene Relampagos, in cutting the ceremonial ribbon starting the operation of the Negosyo Center (NC) here.
The new business facilitation hub sits inside a newly refurbished room beside the Panglao Local Civil Registrar.
That same day, DTI also opened another NC in Sevilla Bohol.
DTI has assigned Alvin Acosta as the Panglao NC personnel, while it also put up the necessary business counselor for Sevilla.
This government has given so much for the MSME, and this government is clearly not lip-servicing, Caberte, who also revealed another potential source of development fund to facilitate the market access of local MSME products.
Along with the public works department, DTI would soon open up funding support ti building roads leading to major areas of business, the Boholana DTI 7 chief said.
Director Caberte said Panglao should have been in the first batch of Bohol’s NCs, as Panglao is fast becoming a metropolis and setting up the NC to enable a business environment is the least the government can do.
The new start-your-business-help-hub would be where Panglao MSMEs can get business advisories and counseling, market information, get help in a speedy business name registration, and tap free mentoring programs to handhold entrepreneurs into building more resilient investments, Caberte pointed out.
In fact, she added that the NC can also facilitate through its Kapatid Mentor Me Program, a soft loan provision for additional capital, which is what most small-scale businesses need.
She also hinted to local entrepreneurs, mostly meat processors beneficiaries of the DTI Shared Service Facility the agency put up years back, that the Duterte Administration has put up Pundo Para sa Pagbabago at Pag-aasenso (P3) which is a soft loan facility the locals can try to tap.
With the new NC, both Caberte and Panglao Mayor Montero, who gladly accepted the facility, urged local residents to make use of the new hub, even as both assured that the government is relentless in making investments in the town easy and hassle-free.
Meanwhile, Bohol DTI chief Maria Soledad Balistoy committed to help the town achieve smarter MSMEs who would be the town’s game-changing economic drivers.
In Bohol, the existing NCs are inside the DTI Bohol Office, at the Capitol BIPC, in Loon, Talibon, Ubay, Tubigon, Carmen, Jagna and Loboc.
DTI said more NCs are slated within the year. (PIA)