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.