Thursday, May 03, 2007

setting it in motion

The Cagayan de Oro Chamber, with its Creation of Opportunities and Resources Management for Enterprises (CORE) Project, and through the Philippine Chamber of Commerce and Industry, forged a partnership with the office of Sen. Kiko Pangilinan in his Regional Opportunities for Enterprise and Livelihood (PROPEL) Development Program.

Out of this CORE-PROPEL partnership, the ORO CHAMBER delivers its services along BMBE advocacy, capacity building and product development for entrepreneurs.

Today the CORE-PROPEL Project undertakes the 2nd BMBE Conference. With the BMBE or the Barangay Micro Business Enterprise considered as the center of the local economy, the ORO CHAMBER includes in its priority areas of services, especially the provision of assistance to micro, small and medium enterprises in their applications for BMBE registration.

The BMBE development program is aided by the enactment of the BMBE Act last 2002 through RA No. 9178. The BMBE law provides generous incentives and guarantees financing opportunities, and the local business community, through the ORO CHAMBER , conducted the 1st BMBE Conference last 2005 to spur the information dissemination and advocacy for the law. Two years hence, the chamber had gained a lot of experiences from its facilitating task for the BMBE.

The 2ND BMBE Conference shall endeavor to present market updates and developments to participating entrepreneurs, highlight experiences of and inquiries from community-based and BMBE-registered enterprises, call on implementing and partner agencies to address problems from the field, and to provide the next steps to help enable the BMBE law relevant and fully effective.

Looking forward to a fruitful activity for all participants, the ORO CHAMBER constantly shares the country’s aspirations of priming up business activities, increasing production, providing employment, and contributing toward the improvement of our economy.

* Opening notes to the 2nd Barangay Micro Business Enterprises Conference on May 3 at the Pearlmont Hotel.