MSME
Eligibility for government assistance
RA9501
Republic Act 10679
Youth Entrepreneurship Act
Trade line Philippines
an online database service that provides product search listing thousands of manufactured exported Philippine products complete with product specifications and is a business search allowing users to contact Philippine exporters, suppliers and local/foreign buyer details and the products/services they manufacture / provide and export.
MSME
any business activity/enterprise engaged in industry, agri-business/services, whether single proprietorship, cooperative, partnership, or corporation whose total assets, inclusive of those arising from loans but exclusive of the land on which the particular business entity's office, plant and equipment are situated.
Export Assistance Network
Exponet
Outmoded methods of operations Inefficient use of appropriate technology Insufficient management and professional know-how Insufficient and inaccessible financial sources Insufficient incentives Insufficient access to information Inadequate knowledge of markets Limited ability to gain economies of scale Low access to capital Low fixed assets and profitability Unappreciated and inadequate professional activities
Limitations and Weaknesses of MSMEs (OI6L3U)
Micro Small Medium Enterprises
MSME
Barriers to start up business Limited economic activities Limited local market Lack of basic management techniques Need of imported parts Competition in export markets
Major Challenges and Issues for Philippine MSMEs (BLLLNC)
15M to 100M
Medium Enterprise Capital
100-199 Employess
Medium Enterprise Employees
3M or Less
Micro Enterprises Capital
1-9 Employees
Micro Enterprises Employees
Bambike OLX.PH Mystery Manila Buddy's Stylash Pitaka Habi Footwear Vesti Works of Heart LoudBasstard
PH Inspiring Businesses (BOMBS PH VWL)
Major sector business Not a branch of bigger business Duly registered Filipino owned
RA9501
Provision of niche services Employment Relative ease in setting up Flexibility Utilization of local resources Seedbed for Entrepreneurs Export earnings Distribution of income
Rationale for Promoting MSME (PERFUSED)
Youth Entrepreneurship Act
Republic Act 10679
3M to 15M
Small Enterprise Capital
10-99 Employees
Small Enterprise Employees
Export Assistance Network
provides information on export seminar schedules, export organizing, export procedures and documentation, import facilities for exporters, buyer linkages, export financing and incentives, product raw material sourcing and other statistical information. The agency also assists exporters in export-related problems/ trade complaints.
RA 9501
Eligibility for government assistance
Bureau of Export and Trade Promotions
BETP
Republic Act 10679
This is act is to promote the sustained development of young Filipinos whose aptitude skill in the field of finance and entrepreneurship shall be encouraged and honed through education and specialized training programs.