7 M'S WAY OF UPLIFTING MSME (DTI) Reviewer
M3: Mentoring
Experience coaching and mentoring of industry experts and large corporations on different aspects of business operations will be engaged
M4: Money
Funding whether through microfinance or from alternative sources will be explored, to help out in financing business requirements.
M1: Mindset
Initiatives that will infuse an entrepreneurial mindset that is success- and innovation-driven, collaborative, and proactive will be pursued.
M6: Market
Linking msmes with big companies or to the government to supply their requirements will be sought.
Micro, Small and Medium Enterprises
MSME
M7: Models
MSMEs need to have ties with bigger businesses to create synergies which are essential in matching and innovating products and services.
M5: Machine
MSMEs will be equipped not only with the must-have knowledge on equipment and right tool to ensure quality production.
M7: Models
New and innovative business ideas will be developed and provided to MSMEs to help them get into business
M6: Market
Assistance in promoting products through trade fairs in major malls and internationally recognized exhibits will be provided.
M3: Mentoring
Continuous business guidance in partnership with the private sector will be afforded.
Department of Trade and Industry
DTI
M2: Mastery
The ___________ of know-how and how-to's of entrepreneurship - from setting up a business, basic rules of spotting market opportunities, finding the right product positioning and differentiation, product and market development, basic business finance and preparation in developing a system for continuous innovation - will be provided.
M1: Mindset
The right and positive entrepreneurial attitude that will carry the MSME through a vibrant entrepreneurial journey.
M5: Machine
Through these, MSMES can level up production and increase productivity
M1: Mindset M2: Mastery M3: Mentoring M4: Money M5: Machine M6: Market M7: Models
What are the 7 M'S WAY OF UPLIFTING MSME (DTI)