CAGAYAN de Oro City Councilor George Goking on Wednesday said the Oro Chamber of Commerce and the city government has agreed a partnership to collaborate in the mentoring, coaching and capacitating of the micro, small, and medium enterprises (MSMEs).
Chair on council’s committee on trade and commerce, Goking said the City Council on Monday enacted Ordinance No. 14180- 2021, authorizing Mayor Oscar S. Moreno to enter into and sign the Memorandum of Understanding (MOU) with the Oro Chamber.
“This MOU was signed on Oct 26,” Goking said, adding that both were formulated to expedite the recovery of MSMEs in the city.
Under the MOU, the city shall provide the updated courses offerings, list of mentors and target, and promotional collaterals of the Small Business Information Resource (SPIR) to the Oro Chamber.
“This is to further facilitate the recovery and sustainable growth of the micro, MSMEs,” said Goking.
It shall gelp the capacity of startup companies to prepare them for the Oro Chamber’s Acceleration Program, and the OROBEST Innovation Program.
For its part, the Oro Chamber shall act as a conduit or a bridge to mentorship, training, and a link to investment opportunities for MSMEs through collaborative tie-ups.
Also for Oro Chamber, allow a portion of their webpage to describe the programs of the city; assist or facilitate guest speakers or resource persons from its member companies or collaborating partners.
It also support the information drive and other programs for MSMEs in the city.
“This will complement for the purpose of providing a more efficient assistance to MSMEs,” said Goking.
Meanwhile, in Mayor Moreno's endorsement said the MOU is an important partnership with the private sector in providing the local business sector with relevant training and crucial linkage to improve its capability in meeting the challenges of the market amidst the global pandemic. (Ben Balce)
