DTI-9 to hold ZAMPEN MSME Conference Print
Tuesday, 29 August 2017 16:50

About 400 participants all over the peninsula are expected to attend the 2017 Zamboanga Peninsula Micro, Small, and Medium Entrepreneurs (MSME) Conference in Pagadian City on August 30 to be conducted by the Department of Trade and Industry-9.

The conference aims to update participants on the policy direction, and information on the latest in the Philippine MSME Development Agenda.

With the theme “The 7 Ms Towards a Prosperous ASEAN MSMEs”, business experts will be invited as resource speakers to share their knowledge and insights on the opportunities that the ASEAN integration presents, especially in promoting MSMEs as a platform for promoting inclusive and sustainable growth.

The topics to be discussed during the 1-day conference are: 1. The Philippines in the ASEAN Economic Community: Opportunities and Challenges; 2. Mastery and Mentoring towards MSME Competitiveness and Resilience; 3. Appropriate Technology and Machines towards a Productive and Responsive ASEAN MSMEs; and 4. Policy Directions Toward Enhancing Productive Philippine MSMEs in the ASEAN, all these capturing DTI’s 7Ms: Mind-set change, Mastery, Mentoring, Markets, Machines, Money, and Models of Business.

The 7Ms is DTI’s approach in uplifting MSMEs, as introduced by DTI Secretary Ramon Lopez, an entrepreneur himself.

“Mind-set change” is instilling and embracing the right entrepreneurial attitude that will carry a person in his or her journey in business.

“Mastery” refers to teaching MSMEs the basics of entrepreneurship, knowing what you need to set up a business, among others.

Market Access refers to the basic rules of spotting market opportunities, finding your product positioning and differentiation, product development, market development, basic business finance and plan preparation, as well as developing a system for continuous innovation.

“Mentoring” is an initiative that provides guidance to MSMEs by successful business personalities. They serve as coach to budding MSMEs to help them grow their business.

“Money” is for capital or additional funds to finance expansion of business. It is also important for MSMEs to have the right “Machines” to help them with their productivity.

Finally, DTI, through the competent business counsellors, will help MSMEs in coming up with ideas or business models to start their business.

Expected participants to the conference are micro, small, and medium entrepreneurs (MSMEs), multi-national corporations, private sector, academe and other concerned government agencies. (MVC/DTI-9)