Incorporating entrepreneurship in basic education system is the key to the country's economic growth and stability, President Gloria Macapagal-Arroyo said, during the entrepreneurship and basic education seminar at the Manila Polo club in Makati City recently.

The president said, "Entrepreneurship is not only the key to economic growth and stability but the ultimate solution to poverty," adding that land, labor and capital will be of no use, if not properly managed by an inventive and innovative entrepreneur.

Through the efforts of the Philippine Center for Entrepreneurship, the Commission on Higher Education has issued a memorandum circular prescribing the minimum requirements for a Bachelor of Science in Entrepreneurship degree course in the educational system of the country.

CHED Memorandum Circular 17-05 will be implemented this year and is expected to "give rise to more young business owners and a stronger culture of enterprise".

The President had said earlier that incorporating and promoting entrepreneurship in basic education will not only give substance to her agenda to create more job opportunities, but will also create wealth for more Filipinos.*RG

back to top