The Department of Trade and Industry (DTI) will surpass its target of establishing 100 Negosyo Centers nationwide by end of 2015.
DTI said on Monday that it will open a total of 146 Negosyo Centers this year.
Of the number, 54 Go Negosyo Centers were launched since the start of 2015.
For the remaining days of July, the DTI will further launch 26 more Go Negosyo Centres.
In 2014, five Negosyo Centers have been operational. To date, the government has established 59 Negosyo Centers: 31 are located in Luzon, 12 in Visayas, and 16 in Mindanao which are based in local government units (LGUs) and DTI regional and provincial offices.
Negosyo Centers are part of the Republic Act No. 10644 or the Go Negosyo Act signed into law by President Benigno S. Aquino III in July 2014 to facilitate faster registration of micro, small, and medium enterprises (MSMEs) in order to encourage more Filipinos to establish businesses.
The functions of these centers involve business registration assistance, business advisory services, business information and advocacy and monitoring and evaluation of business processes for MSMEs.
This aims to increase local job creation, production and trade in the country.
The law has mandated DTI to facilitate the establishment of Negosyo Centers in the country.
?Based on the numbers, we are on track in our goal of making sure that Negosyo Centers are set up in the areas where they matter the most, where they are felt the most. This is DTI?s commitment for the continued growth of our MSMEs,? DTI Regional Operations Group Undersecretary Zenaida C. Maglaya said.
Earlier, DTI Secretary Gregory L. Domingo said the department has earmarked Php92.7 million for the establishment of Negosyo Centers.
The government eyes some 1,200 Negosyo Centers in a span of five to seven years. (PNA)