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The
SMEDC-Cebu
The Small and Medium Enterprise Development Council - Cebu (SMEDC-Cebu)
was formally organized in February 21, 1996 by virtue of Republic
Act 6977 as amended by Republic Act 8289, otherwise known as the
Magna Carta for Small Enterprises. It was created to effectively
spur the growth and development of small and medium enterprises
(SMEs) throughout the country by way of facilitating and closely
coordinating national and local efforts to promote the viability
of SMEs. The Council is attached to the Department of Trade and
Industry and meets on a regular monthly basis.
Composition of the Council
Originally, the council has 13 member-agencies composed of representatives
from both government and private sectors. Now, it has grown to include
the:
- Cebu
Chamber of Commerce & Industry as Chairman;
- Department
of Trade and Industry as Co-Chairman and Secretariat;
- Member-Agencies:
Department of Science and Technology
Department of Labor and Employment
Department of Agriculture
Technical Education and Skills Development Authority
Philippine Information Agency
Development Bank of the Philippines
Small Business Guarantee & Finance Corporation
Guarantee Fund for SMEs
Trade & Industry Development Corporation
University of San Carlos - Business Resource Center
Fashion Accessories Manufacturers & Exporters Foundation
Phils., Inc.
Metal Industry Association of the Philippines
Cebu Furniture Industries Foundation
Bangko Sentral ng Pilipinas - Regional Office
Chamber of Thrift Banks
Cebu Bankers' Club
Cebu Provincial Government
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Powers &
Functions
- To help establish
the needed environment and opportunities conducive to the growth
and development of the SME sector;
- To recommend
to the President and Congress all policy matters affecting SMEs;
- To formulate
a comprehensive SME Development Plan to be integrated into the
National Economic and Development Authority (NEDA) Development
Plans;
- To coordinate
and integrate various government and private sector activities
relating to small and medium enterprises development;
- To review
existing policies on government agencies that would affect the
growth and development of SMEs and recommend changes to the President
and/or Congress whenever deemed necessary;
- To monitor
and determine the progress of various agencies geared towards
the development of the sector;
- To promulgate
implementing guidelines, programs and operating principles as
may be deemed proper and necessary in the light of government
policies and objectives of the Magna Carta for SMEs;
- To provide
the appropriate policy and coordinative framework in assisting
relevant government policies, in coordination with NEDA and the
Coordinating Council for Philippine Assistance Program, as may
be necessary, in the tapping of local and foreign funds for SME
development.
- To promote
the productivity and viability of SMEs by way of directing and/or
assisting relevant government agencies and instititutions at the
local level.
Structure
of SMEDC-Cebu
Legend:
FIN. COM =
Financial Committee
IT. COM = Information
Technology Committee
PROG. COM = Program Committee
POL. COM = Policy Committee
PR. COM = Public Relations Committee
Goals &
Objectives
To achieve its vision of creating a more conducive environment for
SMEs in Cebu Province to grow and develop, the SMED Council adopts
the following goals and objectives:
- To serve
as a forum for SME issues and concerns in Cebu;
- To synchronize
programs and services for SME development;
- To advocate
policies and provide directions for SMEs in Cebu to thrive;
- To come up
with an accurate, updated, and consolidated database on SMEs located
in Cebu;
- To encourage
active membership and involvement of SMED Council members;
- to establish
image and identity of the SMED Council as the voice and champion
of SMEs.
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