- The law seeks to promote “job generation and inclusive growth through the development of MSMEs” in the country;
- Establishment of “Negosyo Centers” in all provinces, cities and municipalities to promote “ease of doing business and facilitate access to services for MSMEs within its jurisdiction”;
- Technology transfer, production and management training, as well as marketing assistance for MSMEs;
BIPC houses under one roof the mandated and service agencies involved in business name registration, permit and licensing requirements.
There is a need to institutionalize the Investor’s Bohol One-Stop Shop to facilitate and fast-track all documentary and processing requirements necessary for compliance prior to setting up business, to significantly shorten procedures and processing time and minimize information lapses, and to provide all assistance possible, and thereby enhancing the investment climate in the province.