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DTI activates SME Roving Academy

DTI activates SME Roving Academy

DTI Director  Emedio . Abang speaks on SME during the 6th COMEPP Conference

DTI Director Emedio . Abang speaks on SME during the 6th COMEPP Conference

Department of Trade and Industry (DTI)  Director Emedio  J. Abang  reveals  that  the Small  Medium Enterprise Roving Academy  is  currently activated by his department  for a dynamic  learning program  for the development of  micro, small and medium enterprises to become competitive  in the domestic, international  and global  markets.

Director Abang was one of the guest speakers of the 6th Council of Management Educators and Practitioners  in the Philippines (COMEPP) held at  Farmers Training Center, CMU on November 17-18, 2014. He explicitly explained his topic on Transforming SME’s Mindset towards ASEAN integration.

The main strategies of SMERA    include the integration of the business development services for SMEs at the national and local levels, establishment of the Provincial, Regional, and National Entrepreneurship Development Networks and  management of an inclusive promotion program.

Abang likewise mentioned few successful social enterprises,  to include the Gawad Kalinga Enchanted Farm in Brgy. Encanto, Angat, Bulacan in which recently, it was made as venue of the 2nd Social Business Summit  with the theme “Economic Innovation for Inclusive Wealth Creation”  on  October 2-4, 2014. Another was the  Mt. Kalayo (Mt. Musuan) Institute for  Social  Enterprise Growth  (MKISEG), initiated  jointly by CMU and Gawad Kalinga  who took one of the boldest  steps with a new flavour  to the poor to overcome the silence of poverty.

The readiness of  the Philippines and other members for ASEAN  Economic Community (AEC) by 2015  draws consciousness   for the SMEs in regional integration. However, Dir. Abang divulged that  the global  production chain requires  an international mindset which include the challenges to compete  domestically on supply chain, technology,  transportation and infrastructure support, among others.  He sought  MSME competitiveness  strategies  for innovation, information, niche, network, cluster and  foreign direct investment strategies

He added that the People’s  Credit and Finance  Corporation by the Land Bank of the Philippines,  the ASENSO Program of the Philippine government, the Mandatory Allocation of  Credit Resources  to MSMES will address the financial problem on solo micro, small and medium enterprise.

-Ann Nambatac

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