Negosyo center set up in Sorsogon

Sorsogon City commercial center

SORSOGON CITY, Nov. 10 (PIA) – Individuals who will start up a business to make money in Sorsogon will now find it easier to register their enterprises with the opening of a Go Negosyo center in this city.

Launched last Oct. 22, the Negosyo center is located at the lobby of the City Hall Bldg. in Barangay Cabid-an.

The center is linked to the Philippine Business Registry System (PBRS) to make it easier and faster for entrepreneurs to start and register their businesses at the local level.

The PBRS is a government project that integrates the services of all agencies involved in business registration, such as the Department of Trade and Industry, Securities and Exchange Commission, Bureau of Internal Revenue, Social Security System, Home Development Mutual Fund (Pag-IBIG), Philippine Health Insurance Corp. and other permit and license-issuing agencies to facilitate registration.

DTI is also closely collaborating with Department of Science and Technology, University of the Philippines–Institute for Small Scale Industries, and Technical Education and Skills Development Authority to assist micro, small and medium enterprises (MSMEs) with business research.

DTI has also partnered with Cooperative Development Authority to help MSMEs gain easier access to financing solutions.

All this ensures that the center’s services to entrepreneurs does not only include  one-stop registration services with government but also all other equally important components of running a business—from finding financiers and markets to developing products and services.

With the newly reconstituted Sorsogon Micro, Small and Medium Enterprises Development (MSMED) Council at the helm, the center is expected to be fully functional.

Jocelyn Blanco, DTI regional director for Bicol, said the establishment of a Go Negosyo center is provided for under RA 10644, or Go Negosyo Act.

Go Negosyo Act mandates the DTI to work with local government units to establish Negosyo centers in all provinces, cities and municipalities.

“We congratulate the city government of Sorsogon for accepting the challenge of establishing a Negosyo Center. It is the first in the province (of Sorsogon),” Blanco told the Philippine Information Agency.

Blanco expressed optimism “that the rest of the municipalities in Sorsogon will follow (the lead of City Mayor Sally Lee).”

The Negosyo centers provide MSMEs extra push to expand operations, she said.  (EAD/BAR/PIA5-Sorsogon)