PH gov’t launches programs to assist startups, MSMEs
The Philippine government is offering various programs to help Micro, Small, and Medium Enterprises (MSMEs) shift digitally, sustain operation amid the pandemic and promote youth entrepreneurship development.
Department of Trade and Industry (DTI) – Bureau of SME Development Program Division Chief Edwin Pasahol said that they are promoting an “ intensive shift to digitalization” as the pandemic makes it almost impossible for physical stores to open.
DTI opened its “Ctrl+Biz Reboot Now!” program to offer a series of free webinars that targets MSMEs which need to transform their operations digitally.
Pasahol added that they are also collaborating with “service providers like Grab, Shopee, and Lazada, the most popular platforms now so that they will guide our MSMEs on how to partner with them, how to avail of their services, and …. be part of their operations.”
Additionally, the DTI provides information to MSMEs on the different technology tools, applications, platforms, and resources available to reinvent their businesses amid the crisis.
Meanwhile, the government has come up with the Youth Entrepreneurship Program to support the business ideas of the younger set and help them become productive.
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