Bill Type
Congress Name
Long Title
AN ACT PROMOTING SMALL BUSINESS LOCATION AND INCUBATOR PROGRAM
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.