THE OFFICIAL NEWSLETTER OF THE
UP INSTITUTE FOR SMALL-SCALE INDUSTRIES ISSUE NO. 18
UP ISSI OK to ‘microdev’ bills services that will provide the poor access to reasonable and affordable credit and micro housing; business development opportunities such as leadership training and entrepreneurial skills training; and human development services.
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P ISSI presented to the Senate last February 27 its position on the bills seeking to create and accredit micro enterprise development institutions or microdevs in the country. The Senate versions of the bill were authored by Senators Manny Villar, Jinggoy Estrada and Loren Legarda while the version of the Lower House is being sponsored by several Congressmen.
Senator Villar, the chair of the Senate Committee on Economic Affairs, presided over the hearing. UP ISSI director Prof. Nestor O. Rañeses was invited as a resource person for the committee and he presented the Institute’s position regarding the proposed legislation.
Under the proposed measures, microdevs shall be recognized as institutions mandated to implement a micro enterprise development strategy and they shall be operated as non-stock
sector, particularly the Tulay sa Pang-unlad, Inc. concurred with the proposed provisions of the bills while the Department of Finance and the Bureau of Internal Revenue were keen on giving more teeth to the accreditation system for prospective microdevs since the proposed measures may be a vehicle
In general, UP ISSI agrees to the proposed provisions of Senate Bill Nos. 1350, 2961, 2971 and House Bill No. 4688. The following is a summary of UP ISSI’s position on the proposed measures: Item Basic Premise
UP ISSI POSITION Microenterprise development institutions government institutions. government institutions that implement microenterprise development strategy.
Form of organization
Agree. rules and regulations and governed by a Board of Trustees whose members shall not receive any compensation.
Powers and Functions Provide the poor access to reasonable of MICRODEVs and affordable credit and related services capital buildups and fund-generating activities: health care and micro housing.
As per Section 5, MICRODEVs can engage in Provide business development deposit taking, insurance and fund generation, opportunities such as leadership training provided there are necessary licenses and authority from relevant agencies. and entrepreneurial training. Provide human development services to help the poor achieve a level of sustainability and empowerment.
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Capital Requirements
Net worth of >/= P20M
Agree.
Newly organized Initial net worth of >/= P10M M I C R O D E V MICRODEV Accreditation Center under the Agree. Accreditation National Anti-Poverty Commission (NAPC). Funding
of
the
Secretariat
from
2%
People’ Development Trust fund under RA 8425. Powers and Functions Institute and operationalize a system of Agree. of the Accrediting Entity accreditation for MCRODEVS.
and regulations (IRR). Monitor the performance of MICRODEVs. Accreditation for cause. Require regular submission of reports by MICRODEVs. Collect reasonable accreditation monitoring fees from a MICRODEV.
and
Submit an annual report to the President and concerned Committees of both Houses of Congress. Perform other necessary.
functions
as
may
be
Power of the Regulatory Bangko Sentral ng Pilipinas (BSP) and the Agree. Insurance Commission (IC) in coordination MICRODEVs with the accrediting entities shall have the determining MICRODEVs are not engaged in unauthorized undertakings subject to their respective regulations. MICRODEV shall pay 2% of the gross MICRODEVs
to encourage more MICRODEVs. Donations shall be fully deductible from the gross income. Donations to the MICRODEV shall be Transactions of the MICRODEV and its
IRR
The National Anti-Poverty Commission Agree. in coordination with the Department of Finance, Bureau of Internal Revenue, BSP, Department of Trade and Industry, and shall formulate the IRR within 90 days after its approval.
Penalty Clause
BSP and IC may impose administrative Agree. sanctions under applicable laws.
ISSUE NO. 18
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Staff News
ISSUE NO. 18
F o r me r s t a f f e r FACILITATES t r aining o f t r aine r s f o r j unio r s t a f f
O
ne of UP ISSI’s seasoned resource persons, who is also one of its former staff, facilitated the training of trainers for some junior staffers from various departments of the Institute.
Enterprises Research and Development Foundation funded by various agencies such as the USAID, ADB, the Australian government, UNDP, the Food and Agriculture Organization, and other international agencies.
Gil Dennis A. Raposa, or Dennis to his colleagues, delivered the seminar from February 20 to 24.
At present, he is the president of the InterActive Asia
Dennis worked for ISSI from 1986 to 1990, when he designed and implemented various training programs. He also managed development projects under the Small
His present involvements include consulting services to organizations locally and in few Asian countries. Recently,
Nine j unio r s t a f f e r s g r a d u a t e f r om t r aining o f t r aine r s
N
ine staffers from various departments of UP ISSI graduated from the Training of Trainers conducted between February 20 and 24 in the Institute. They were
A closing ceremony led by UP ISSI director Prof. Nestor O. Rañeses was held on the last day of the seminar and attended and ISSI’s human resource and organizational development
Bernie Villaluna of the Knowledge Management, Information and Communications Technology Services Department; Neil Grimaldo, Joi Mamaril, Fe Reyes and Doris Olegario of the Training and Continuing Professional Entrepreneurship Education and Development Department; and Joyce Alegre and Berna Escoto of the Entrepreneurship Research and Development Studies Department.
with her assistant Mark Joy Opinaldo. Gil Dennis A. Raposa, a seasoned lecturer and himself a former staff of the Institute, facilitated the whole training. (See related story.)
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SERDEF h o l d s MSME s o cia l media f o r um in ISSI
TV 5's multimedia head Carlo Ople talked about social networking and business development in SERDEF's social media forum for MSMEs.
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Randell Tiongson, director of Registered Financial Planner Philippines, discussed strengthening entrepreneurship development advocacy through blogging and social networking.
P ISSI’s major private-sector partner the Small Enterprises Research and Development Foundation (SERDEF) held a forum in ISSI last Saturday, March 3, to highlight how micro, small and medium enterprises (MSMEs) can use social media for business growth.
talked about strengthening entrepreneurship development advocacy through blogging and social networking.
prayer while the Foundation’s technical adviser and co-chair of its research and information committee Nida Lavador made the welcome and opening remarks.
Dr. Herminia Fajardo, chair of SERDEF’s research and information committee delivered the closing remarks. ISSI’s own Celia Pascual emceed the program.
TV 5’s multimedia head Carlo Ople discussed social networking and business development while Randell Tiongson, director of Registered Financial Planner Philippines
According to SERDEF’s post on Facebook, the Foundation
Later in the afternoon, SERDEF research and information committee member Myrna Co made a presentation on the SERDEF blog site, which is a resource hub for MSMEs.
Ma y 17 t h MONITORING AND EVALUATING PROGRAMS AND PROJECTS (MEPP)
Provides participants with knowledge, skills and attitudes to effectively monitor and evaluate programs and projects.
Development
102 nd MANAGERS COURSE (MC) in ILOILO
Enhances the managerial competence of participants
Individuals responsible decisions
broad selection of modern management functions, tools and techniques.
29 t h STRATEGIC MARKETING COURSE (SMC)
Equips marketing managers with skills and tools for formulating effective marketing strategies to improve their competitive position in the open market.
managers,
of NGOs, PVOs, POs, and cooperatives implementing income generating projects or livelihood programs; government employees, and industrial workers. who are for managerial including
and prospective managers, planners, and administrators. Owners and managers of small and medium enterprises and/or line managers responsible for the marketing operations of the company.
May 07 – 11 9:00 AM – 5:00 PM (Monday to Friday) P8,500
May 19 – July 22 9:00 AM – 5:00 PM 10 Weekends (Saturdays and Sundays) P40,000 May 26 – June 30 9:00 AM – 5:00 PM (6 Saturdays) P9,000
participants People intending to go into May 26 – June 30 33 r d START YOUR OWN Provides with tools to assess their business, new business 9:00 AM - 5:00 PM BUSINESS (SYOB) entrepreneurial readiness; identify, evaluate and select business ideas; and plan, start, and manage their own new enterprises.
start-ups, or those already in business who want to enhance their business planning skills.
(6 Saturdays) P9,000
UNIVERSITY OF THE PHILIPPINES Institute for Small-Scale Industries E. Virata Hall, E. Jacinto Street, UP Campus, Diliman, Quezon City Pioneering. Innovating. Entrepreneuring.
Copyright 2012 UP ISSI. All rights reserved. More of these and other stories are found in our website: entrepreneurship.org.ph
ISSUE NO. 18