Business

Senate OKs invoice governing SSFs

Micro, small and medium enterprises (MSMEs) will now be capable to make the most of extra the equipment, gear and instruments of the Shared Service Amenities (SSFs) of the Division of Commerce and Trade (DTI) to enhance their manufacturing, processes and general competitiveness after senators permitted on Monday Senate Invoice No. (SBN) 2021 with 22 affirmative, no unfavorable votes, and no abstentions.

Senator Sonny Angara, who authored and sponsored the measure, lauded his colleagues for the short approval of the invoice, seeing that the SSF mission will go a good distance in supporting the expansion and growth of MSMEs.

When handed into legislation, Angara stated SBN 2021 will make sure the annual funding below the Basic Appropriations Act for the implementation of the SSF mission that has benefited 1000’s of MSMEs within the nation since its inception in 2013.

“There have been years when the SSF mission was not funded and that is what can be addressed with this invoice. Malaki ang naitutulong ng mga SSFs sa mga maliliit na negosyo na hindi kayang gumastos para bumili ng mga kagamitan tulad ng mga makina upang mapalago ang kanilang operasyon kaya dapat lang na siguraduhin natin na tuloy-tuloy ang implementasyon nito [SSFs help a lot in small businesses that cannot afford to buy equipment such as machines to grow their operations so we just have to make sure that its implementation is continuous],” Angara stated.

The SSFs are managed by “co-operators” which might be normally cooperatives, individuals’s organizations, trade associations, native authorities items, and state universities and faculties, for the widespread use of the MSME beneficiaries.

“These could possibly be so simple as stitching machines to extra advanced machines like 3D printers which might be housed in SSF fabrication laboratories [Fab Labs] that MSMEs can use normally for a small charge. By way of these SSFs, the MSMEs can scale up their manufacturing, enhance on their packaging, and introduce improvements to their merchandise,” Angara famous.

Beneath the invoice, SSF Fab Labs can be established in at the least one strategic location in each province. Precedence can be given to provinces with out present Fab Labs.

The Fab Labs have been showcased on the peak of the Covid-19 pandemic when these have been used for the manufacturing of face shields, face masks, medical robes, aerosol bins and ethyl alcohol to cater to the massive demand whereas the importation of those provides was nonetheless present process.

To date, a complete of three,484 SSFs and 43 SSF Fab Labs have been established throughout the nation, based mostly on information from the DTI. PNA 

Picture credit: DTI Region VI




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