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Support for local business owners

Joyful protests occurred outside Quest Hotel in Cebu City, following the MOA signing and workshop.

Exuberant celebration takes place at Quest Hotel, Cebu City, following MOA signing and workshop.
Exuberant celebration takes place at Quest Hotel, Cebu City, following MOA signing and workshop.

Support for local business owners

🎉 A jovial affair took place at the Quest Hotel in Cebu City, marking the MOA signing and workshop organized by ASKI (Care for the Welfare, Inc.) in partnership with Coca-Cola Philippines. This event marked the official launch of a new venture within the iSTAR Center for Entrepreneurship, aiming to energize Micro, Small, and Medium Enterprises (MSMEs), particularly women-led businesses.

Many partner organizations attended the event, showcasing their various support services for the cause. Notable mentions include the Lamac Multi-Purpose Cooperative (LMPC), Negros Women for Tomorrow Foundation (NWTF), and others.

The MOA signing and workshop focused on digital upskilling, access to resources, and business coaching to empower MSMEs to thrive and navigate the modern business landscape more effectively. The program was named "Scaling Sustainability Mechanism of Support for MSMEs."

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At the core of the LMPC's involvement lies a significant role, and they have shared their commitments to create an inclusive, supportive, and collaborative environment for entrepreneurs through stronger cooperation in the women's and micro-entrepreneur sectors.

This gathering represented a sign of unity among private and cooperative sectors, aiming to boost the economy and provide sustainable growth opportunities for Filipino entrepreneurs dedicated to building successful businesses.

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Collaborative efforts like these are increasingly common worldwide, as governments and organizations work together to support MSMEs through digital platforms, training programs, and sustainability initiatives. For instance, the Department of Trade and Industry (DTI) in the Philippines has implemented the Green Economic Development (GED) Programme to help MSMEs become more competitive by adopting climate-smart and eco-friendly practices[2]. Additionally, local governments and organizations frequently join forces to bolster the MSME sector through digital transformation and environmental sustainability initiatives[1][3]. If you require detailed information about a specific initiative, it's best to reach out to local organizations or event organizers directly.

  1. The iSTAR Center for Entrepreneurship's new venture in Cebu City, focusing on empowering Micro, Small, and Medium Enterprises (MSMEs), is set to take place within the Philippines, notably assisting women-led businesses.
  2. The Lamac Multi-Purpose Cooperative (LMPC), one of the partner organizations at the event, has pledged to foster an inclusive, cooperative environment for entrepreneurs, particularly in the women's and micro-entrepreneur sectors.
  3. The Scaling Sustainability Mechanism of Support for MSMEs program, launched in Cebu City, aims to provide MSMEs with digital upskilling, resource access, and business coaching to navigate the modern business landscape more effectively.
  4. Collaborative initiatives like this one, which help MSMEs through digital platforms, training programs, and sustainability efforts, are increasingly prevalent globally. For instance, the Department of Trade and Industry (DTI) in the Philippines has implemented the Green Economic Development (GED) Programme to support MSMEs in becoming more competitive by adopting climate-smart and eco-friendly practices.

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