The government and entrepreneurship

1. THE GOVERNMENT AND
ENTREPRENEURSHIP

2. PROFIT IS THE FIRST CONSIDERATION IN INVESTMENT. IT IS THE
PROFIT THAT STIMULATES BUSINESS MEN TO GO INTO BUSINESS.
ONLY THE GOVERNMENT CAN POSSIBLY ENGAGE IN BUSINESS
WITHOUT PROFIT.
DETERMINANTS OF INVESTMENT

3. DETERMINANTS OF INVESTMENT
PROFITS DEPEND
ON:
Population
Income
Peace and Order
Political
Stability
Government
Policies
External Economies of scale like energy,
transportation and communication facilities
Internal Economies of scale such as
management, technology, working conditions
and financial incentives

4. THE ROLE OF THE GOVERNMENT
• IN A DEMOCRACY, THE FUNDAMENTAL FUNCTION OF THE GOVERNMENT IS TO
SERVE THE BEST INTEREST OF THE PEOPLE.
• THOSE WHO RUN THE GOVERNMENT ARE CALLED PUBLIC SERVANTS.
The role of the government is to serve the welfare of all sectors –
producers, consumers, employees, businessmen and the rest of the
society and the economy.

5. SUPPORT FOR ENTREPRENEURS
ENTREPRENEURS ARE IMPORTANT. THEY CREATE GOODS,
SERVICES AND JOBS.
With proper and adequate assistance programs, our government can
develop a larger entrepreneurial economy. Priorities should be focused on
micro and small enterprises. Such mass and community-based projects
utilize labor, material, management and technology. Hence the poor masses
are benefited.

6. SUPPORT FOR ENTREPRENEURS
THE KEY FACTOR OF DEVELOPMENT OF THE RAMOS GOVERNMENT IS PEOPLE
EMPOWERMENT.
“THE GOVERNMENT IS FOR THE PEOPLE, OF THE PEOPLE AND
BY THE PEOPLE.”
- Lincoln

7. SUPPORT FOR ENTREPRENEURS
The best way to empower the people is to improve their
knowledge, skills and values.
Then give them reasonable financial and technical support to
organize their enterprises.
The government should likewise provide the necessary
programs in the forms of peace and order, transportation and
communication facilities, fiscal and monetary policies,
electricity and other favorable assistance.

8. SUPPORT FOR ENTREPRENEURS
“Development is people’s development of themselves, their lives, their
environment...Freedom is essential to development, not just a product of
it...But it should not be freedom to exploit. People cannot develop if thy
have no power, and development will occur if, and only if, the people can
organize in their own power in their own interest.”
-Julius Nyerere
former president of Tanzania,
Africa

9. GOVERNMENT ASSISTANCE PROGRAM
• PEACE AND ORDER
• POLITICAL
STABILITY.
• PRICE STABILITY
• TAXES
• INFRASTRUCTURES
• PUBLIC ADMINISTRATION
• EDUCATION AND TRAINING
• PRODUCTION TECHNOLOGY
• MARKETING ASSISTANCE
• FINANCIAL ASSISTANCE

10. GOVERNMENT PROGRAMS FOR
ENTREPRENEURS
REPUBLIC ACT NO. 10644
An act promoting job generation and
inclusive growth through the development
of micro, small and medium enterprises

11. GOVERNMENT PROGRAMS FOR
ENTREPRENEURS
If you have a micro-, small- or medium-sized business, you can find a local
Negosyo Center to help you with business registration and facilitate
access to business services, among others. Through mentorship, the
project KAPATID is made to support your goal of achieving progress and
success for your business. Additionally, you can consider joining the
shared service facilities (SSF) program for assistance in acquiring tools
and equipment specific to your trade. You may also register with the small
and medium enterprises (SME) roving academy, a continuous learning
program that aims to make businesses locally and internationally
competitive.