MANILA – Innovation-driven and creativity-packed owners of micro, small and medium enterprises (MSMEs) are expected to help fuel the recovery of the sector from the pandemic. 

In his speech during the virtual launch of Project Match on Thursday, Department of Trade and Industry (DTI) Secretary Ramon Lopez said the program addresses small businesses’ need to have linkage and access to appropriate digital solutions and financing.

“And what better way to do that than to match and pair them with startups that provide these services as well as the technology. More importantly, linking them with financing institutions is a good way for their businesses to realize their plans for growth and expansion that have been cut off by the pandemic,” he said.

Project Match is an endeavor being implemented by DTI, Startup Village, and United States Agency for International Development (USAID) in support of DTI-Laguna’s program called Boosting Innovation and Technology Start-up: A Project on MSME Digitalization.

MSMEs account for around 99 percent of business firms in the country thus, the government’s bid to continue helping the sector recover from the pandemic. 

Lopez said Project Match is a “win-win” program as it does not only match MSMEs with digital solutions providers but also with potential mentors, clients, partners, and investors.

Source: https://www.pna.gov.ph/articles/1153699

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