DTI launches Money and Market Encounter for CALABARZON MSMEs

TAGAYTAY CITY, Cavite, August 30 (PIA) -- The Department of Trade and Industry’s Kapatid Mentor Me (KMME) recently launched the Money and Market Encounter (MME) at the Tagaytay Country Hotel aiming to be at par (MSMEs) with competition in the global market
 
Graduates of the DTI’s KMME from the provinces of Cavite, Laguna, Batangas, Rizal, and Quezon were optimistic of acquiring assistance and opportunities from various platforms that can help scale up their business.
 
Engineer Merly Cruz, Go Negosyo Adviser for MSME Development, underscored the value of MME mentee- graduates, plus its impact on bridging the gap for inclusive growth as the program can link them to different financial institutions and market opportunities.
 
DTI IV-A Regional Director Marilou Toledo disclosed that by the end of this year, 402 MSMEs under the KMME programed are expected to graduate. Director Toledo likewise acknowledged DTI-Cavite Provincial Director Noly Guevara for hosting the first MME and the Go Negosyo Adviser for MSME Development Engr. Cruz, for bringing MME in the region.
 
During the forum, participants had an opportunity to solicit the commitment of financial institutions, asking banks to somehow prioritize MSMEs by not considering them as risks but instead, as partners for growth.
 
Among the issues raised in the market forum were cases of being taken advantage by trade fair organizers, terms of getting paid, tedious process of application and negotiation with the merchandising department of stores/malls, repacking and the not-so-marketable showcase areas being given for MSME products.

Association of Laguna Food Processors President Clarke Nebrao, who served as market forum moderator, along with other participants all agreed for the conduct of a regional dialogue wherein leaders of various sectors can sit down and wrap up agreement among market players and mall managers. (Ruel Francisco, PIA-Cavite/with reports from PICAD)

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