SMALL and MEDIUM-SIZED ENTERPRISES (SMEs)

FILIPINO SMALL and MEDIUM ENTERPRISES (SMEs)

SMEs and micro enterprises combined make up 99.6% of establishments in the country.

SMALL and MEDIUM-SIZED ENTERPRISES (SMEs)

are businesses that maintain revenues, assets, or a number of employees below a certain threshold.

FILIPINO SMALL and MEDIUM ENTERPRISES (SMEs)

are defined as any enterprise with 10 to 199 employees and/or assets valued from P3 million to P100 million.

FILIPINO SMALL and MEDIUM ENTERPRISES (SMEs)

are the Instagram entrepreneurs, the tech startups, the grocery store owners; your nosey neighbor, your high school classmate, your cousin running the family business.

SMALL and MEDIUM-SIZED ENTERPRISES (SMEs)

play an important role in the economy, employing vast numbers of people and helping to shape them in business.

Micro enterprise

10 employees

medium enterprise

250 employees

Small enterprise

50 employees

FILIPINO SMALL and MEDIUM ENTERPRISES (SMEs)

According to the Asian Development Bank, ———are the backbone of Asian economies, making up 98% of all enterprises and 66% of the national labor force from 2007-2012.

SMALL and MEDIUM-SIZED ENTERPRISES (SMEs)

Government regularly offer incentives, including favorable tax treatment and better access to loans, to help keep them in business.

SMALL and MEDIUM-SIZED ENTERPRISES (SMEs)

The heatbeat of the economy