Major business groups pledge to help MSMEs achieve growth

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President Ferdinand “Bongbong” Marcos Jr. speaking at an event hosted by Go Negosyo. PHOTO BY JOHN RYAN BALDEMOR

At least 37 of the country’s largest business organizations have pledged to help the government achieve inclusive growth for micro, small and medium enterprises (MSMEs) for a stronger economy.

Simultaneously with the 2022 MSME Summit at the Manila Hotel attended by President Ferdinand “Bongbong” Marcos Jr., members of the Kapatid Angat Lahat program led by Jose Maria “Joey” Concepcion 3rd of Go Negosyo pledged to help achieve “the overarching goal of shared prosperity” by striving to “harness public-private partnership to assist in the development of MSMEs”. government policies and programs towards an enabling and sustainable business environment for MSMEs.

“We are committed to developing programs anchored on the 3Ms – Mentoring, Money and Market – to realize for our country and the Filipino people the goal of achieving prosperity for all,” the group said in a statement.

“This is the Kapatid Angat Lahat program’s commitment to the Filipino people,” he added.

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Besides Concepcion, other signatories to the pact were George Barcelon of the Philippine Chamber of Commerce and Industry; Henry Lim Bon Liong of the Federation of Philippine Chambers of Commerce and Industry Inc.; Rosemarie Ong of the Retailers Association of the Philippines; Rogelio Singson from the Philippine Management Association; Eric Teng of RestoPH; Lars Wittig from the European Chamber of Commerce; Chris Nelson of the British Chamber of Commerce in the Philippines; and Jack Madrid of the IT and Business Process Association of the Philippines, among other business organizations.

The Kapatid Angat Lahat program, the brainchild of Concepcion, aims to provide entrepreneurs with access to the business opportunities, information and connections needed to successfully launch and operate MSMEs.

It also aims to provide guidance on acquiring legal business registration and operational requirements, formalizing informal businesses, options for financial capital support, micro-loans, stronger market access and business mentoring, from ideation to sustainability.

“We have to do this, for every Filipino. … I know that with all our efforts, we can make a big difference,” Concepcion said.


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