Bill Type
Long Title
AN ACT PROMOTING SMALL BUSINESS LOCATION AND INCUBATOR PROGRAM
Congress Author
Date filed
August 1, 2001
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. House Bill No. 1886, 12th Congress of the Republic
FULL TITLE : AN ACT PROMOTING SMALL BUSINESS LOCATION AND INCUBATOR PROGRAM
ABSTRACT : The proposed measure seels to establish business incubators in strategically viable locations throughout the country, preferably in economic zones or places near academic institutions. Incubators are useful and cost-effective instruments in promoting the survival of new enterprises during their early years of existence by providing a work environment that readily make available business facilities as well as technical and managerial support. Incubators, thus, hasten the transformation of selected, early-stage business with high potential, into self-sufficient , growing and profitable businesses.
PRINCIPAL AUTHOR/S : BARBERS, ROBERT ACE S.
DATE FILED : 2001-08-01
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Badelles (020 ) 2. Echiverri (022 )
3. Espino (022 )
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON TRADE AND INDUSTRY ON 2001-08-07

Abstract

The proposed measure seels to establish business incubators in strategically viable locations throughout the country, preferably in economic zones or places near academic institutions. Incubators are useful and cost-effective instruments in promoting the survival of new enterprises during their early years of existence by providing a work environment that readily make available business facilities as well as technical and managerial support. Incubators, thus, hasten the transformation of selected, early-stage business with high potential, into self-sufficient , growing and profitable businesses.

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.