PSU Business Assistance Center

–From the speech (1:12) of DBP Senior Vice President Corazon D. Conde
PSU-BAC Inauguration and Business Forum
Pangasinan State University
Urdaneta City
June 7, 2007

Full Text of the Speech of DBP Senior Vice President Corazon D. Conde:

“To our honorable guests and partners, to the officials of Pangasinan State University and staff, to our guests, ladies and gentlemen, magandang umaga po sa inyong lahat. In behalf of the Development Bank of the Philippines, I would like to congratulate the Pangasinan State University as DBP’s new partner under our Sustainable Partnership for Energizing Entrepreneurship Development or the SPEED program.

Alam nyo po, alam nyo na siguro eto na, the SMEs, yung mga small and medium enterprises have been proven to be the backbone of the economy of many countries. And this is the very reason why President Arroyo included in her 10 Point Agenda and 6-Point Pro Poor program the commitment to triple loans to SMEs and to generate 6 to 10 million jobs until 2010.

This is very reason why DBP, which means Banko sa Pagpapaunlad ng Pili, is supporting this government initiative because ang mandate po namin ay paunlarin ang kabuhayan dito sa Pilipinas. Ang DBP po, as I said, the Development Bank of the Philippines, would like to play a pivotal role in making this dream a reality. Pero hindi po nmin mgagawa ito ng magisa. So we are looking for partners who share the same passion and commitment to pursue this dream. And one of the partners that we identified is Pangasinan State University which we hope will work with us hand in hand to make this dream a reality. But of course again, we also have to include in this partnership our local government, and our partner agencies, DTI, DOST, TESDA. Kasi hindi po ntin magagawa ito ng magisa.

Ang Business Assistance Center po ng Pangasinan State University is envisioned to provide a one-stop-shop para sa mga gustong magnegosyo o, nsa nagnegosyo na na gustong palakihin ang kanilang negosyo. Nakita nyo po dun sa presentation na magproprovide po ng varied services ang Business Assistance Center from business counseling, market linkages, product development, and most of all, ang gusto po naming mangyari ay turuan nila kayo kung pano kayo makautang sa amin, sa DBP o sa ibang institution. Hindi naman po namin sinosolo na kukunin namin lahat yung loans kasi depende po dun sa purpose ninyo, yung amount na uutanigin ninyo, so meron din po kaming mga partners na rural banks na pwede ninyong puntahan. Pero ang gusto po naming mangyari, sana yung Business Assistance Center natin will be able to assist you in complying with the requirements of the banks. Gusto po namin na maaccess ninyo ang formal channels of credit. Meron po kaming branch sa Dagupan ang branch manager po naming nandito si Mr. Arzadon pwdeng pwde po kayong lkumapit doon at tutulungan nila kayo.

Ang Business Assistance Center po pwede nating i-compare sa isang incubator, incubator in the sense that it would nurture entrepreneurial spirit and provide strength to sme endeavors. Pag strong na po yung commitment na gusto nyong magnegosyo at alam nyo na ang papasukan nyo at ayos na po lahat ang mga papeles nyo then nandito na po kami DBP ready to help you. Ito po ang aming contribution sa pag a-accelerate ng SME development dito sa country. Dahil, sabi ko nga po backbone eto ng ating economy so pa gang SME and nadevelop natin dito sa country, it will push economic development. So ang gauge po ng success namin ay kung gaano kadaming applications ang maipapasok ng Pangasinan State University sa amin at iyon ay manggagaling po sa inyo. Kaya magtulungan po tayo na gawin nating successful etong project na eto. So hand in hand, let’s help the Philippines move forward in a faster pace with the SPEED program.”

—– End of Full Text of the Speech of DBP Senior Vice President Corazon D. Conde —–