• DTI inks agreement to support MSME

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    The Philippine Center for Entrepreneurship Foundation Inc. (PCE) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have agreed to help Micro, Small and Medium Entreprises (MSMEs) to enhance their competitiveness through the Green Economic Development (GED) approach.

    PCE and GIZ have signed a memorandum of understanding (MOU) with the Department of Trade and Industry. .

    GED is a GIZ initiative to remedy environment damage caused by MSMEs in the Philippines while making them more competitive.

    Future PCE enterprising events—through Go Negosyo—will cover GED approaches on green economy and growth, as well as general information and basic capacity building on green business strategies.

    The DTI and PCE will jointly ensure the effective and efficient implementation of MOU objectives, and evaluate the quality and outcomes of it.

    The effort is in line with the aim of DTI to develop MSMEs by mainstreaming, enhancing competitiveness, and greening operations, Trade Undersecretary Zenaida Maglaya said.

    This is expected to raise the level of MSME competitiveness through mentoring programs at Negosyo Centers.

    “It is really important that we look at ways and means to make our MSMEs more competitive through the Green Economic Development (GED) strategy and mainstream the learnings in programs catering to MSMEs,” Maglaya said.

    PCE Executive Director Ramon Lopez said entrepreneurs will learn to exercise a more sustainable approach to doing business and become environment-friendly with the help of PCE. Their business “is something that they [entrepreneurs]could take to the next level.”

    “The PCE has been consistently helping in nation building through entrepreneurship development, creating an entrepreneurial culture, the right mindset and especially the know-how competencies of SMEs,” Lopez said.

    Present during the MOU signing were Maglaya, Lopez, Bureau of Small, Medium Enterprise Development Director Jerry Clavesillas, and Pro-GED Project Manager Volker Steigerwald.

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