TWO committees of the House of Representatives have approved a measure that seeks to establish the Philippine Entrepreneurs Academy.

The committees on Higher and Technical Education and Appropriations passed House Bill 4263 authored by Baguio City Rep. Mark Go that aims to empower the youth sector and encourage them to start their own business.

“Accelerating economic recovery can be achieved by harnessing the talents of Filipinos who want to be entrepreneurs,” Go said.

The measure shall provide degree, short-term courses and modular training that will enhance the core competencies of individuals on entrepreneurship, and cater to senior high school, technical and vocational, and college graduates.

The programs shall include entrepreneurship development in agriculture, trade, business, technology and manufacturing.

Go said the establishment of the academy will help infuse new blood to micro, small, and medium enterprises and create more jobs.

Once enacted into law,  the academy will be established in Baguio City and in Clark Freeport and Special Economic Zone and will be under the supervision of the Commission on Higher Education.