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The Philippines announces 3rd digital entrepreneur assistance program

The Department of Trade and Industry (DTI), in partnership with the Philippine Center for Entrepreneurship-Go Negosyo, and Cebu Chamber of Commerce and Industry, announced that they will launch the “Kapatid (which translates to brother or sister in Filipino) Mentor Me” (KMME) Online Batch 3 in Central Visayas region of the country early this year.

The “Kapatid Mentor Me” program aims to assist MSMEs to scale up and sustain their businesses through weekly coaching and mentoring by business owners and practitioners on different functional areas of entrepreneurship. The program has already been launched in 15 regions and has assisted over 2,000 farmers and almost 500 associations and cooperatives since 2017.

As the Covid-19 pandemic forced most companies to tap the online space, going digital is now the most viable option for businessmen as they move forward post-pandemic as stated by the director of the DTI, inspiring the agency to launch KMME online. This is now the third installment of the agency’s virtual project.

The DTI said that the COVID-19 outbreak, which triggered months-long home quarantines and country-wide lockdowns, has accelerated the digital pivot of most businesses. As the shift to digital media was becoming more prominent as time goes by, entrepreneurs and businesses must keep up with the migration to digital. Not only did the quarantines and lockdowns triggered the abrupt rise in online businesses, nowadays, but even brick and mortar shops are also shifting to digital platforms to reach their markets as most people stayed home.

The DTI added that both digital natives and traditional entrepreneurs must adjust how they do business to survive and thrive in the ever-changing business world. Micro, small, and medium enterprises (MSME) development have been at the forefront of our entrepreneurship advocacy of the department. The DTI believes that to achieve the inclusive growth that we all aspire for, they will need to equip our micro and small entrepreneurs with entrepreneurship education, training, and other means of mentorship in the form of using digital platforms to convey their messages and conduct pieces of training.

The agency further stressed the fact that accepting the shift from traditional techniques to digitalization is way better now than ever before. Businesses and individuals slowly embracing the fact that digitalization is the only way to go. They also believe that MSMEs are considered as the backbone of the Philippine economy, the government envisions the country filled with successful and continuously growing entrepreneurs. Through entrepreneurship, there will be more jobs generated, livelihoods created, and poverty will be alleviated.

KMME online will feature mentorship modules to be used to propel micro, small and medium enterprises (MSME) to survive and thrive despite the unprecedented setbacks brought by the COVID-19 pandemic that now confront businesses of all types and sizes. KMME online is free but can accommodate only a total of 48 participants in the Central Visayan region.

The online modules provided by the Department of Trade Industry will cover entrepreneurial mind-setting and values formation, marketing mindset, business model canvas, operations management, digitalization, supply and value chain management, accounting and finance for small business, human resource management, market-driven innovation, good governance and ethics, government services and business improvement plan presentation.

The program sets out to produce confident entrepreneurs with the right mindset and basic management skills which will enable them to sustain their enterprises amid the challenges brought about by the pandemic. Special sessions will be done per quarter to include digitalization and business continuity plans to guide entrepreneurs on how they can better ride on the new normal business environment.

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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