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MSME Development in the Philippines

MSME Development in the Philippines Definition: The Magna Carta for MSMEs defines MSMEs (using asset size) as follows: Micro: Up to Php 3,000,000 Small: Php 3,000,001 15,000,000 Medium: Php 15,000,0001 100,000,000 Overview of philippine MSMEs Overview of philippine MSMEs Distribution of enterprises by total employment Distribution of establishments by enterprise size Total: 946,988 Total: 7, 789,257 Overview of philippine MSMEs Distribution of MSMEs by region Overview of philippine MSMEs Distribution of MSMEs by industry *Others include: - Agriculture, Forestry and Fishing - Mining and Quarrying - Electricity, Gas, Steam and Air Conditioning Supply - Water Supply; Sewerage Waste Management and Remediation Activities - Construction - Transportation and Storage - Real Estate Activities - Professional, Scientific and Technical Activities - Administrative and Support Service Activities - Education - Human Health and Social Work Activities - Arts, Entertainment and Recreation Initiatives that Help Boost MSMEs MSME Development Plan Strategies: (1)Promoting a Business Enabling Environment (2)Enhancing Access to Finance (3)

SME Roving Academy It is a continuous learning program for the development of MSMEs to enhance competitiveness and increase contribution to the country’s GDP and total employment. Skills Upgrading Training on Meat Processing | Cervante, Ilocos Sur 2015 Adivay Product Development Booth | La Trinidad, Benguet How to Start a Business| Masinloc,

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