Join the first and the premiere SME Expo in the country, the 10th Philippine Business and Entrepreneurs Expo set this August 30 - September 1, 2019, at Megatrade, SM Megamall.
The event is for Micro, Small and Medium Enterprises (MSME) who are looking for new business partners and dealers.
According to the Philippines Statistics Authority (PSA) in 2017 they have recorded a total of 924,721 business enterprises operating in the Philippines. Micro, small and medium enterprises (MSMEs) account for 99.56% (920,677) of the total establishments, of which 89.59% (828,436) were microenterprises, 9.56% (88,412) were small enterprises, and 0.41% (3,829) were medium enterprises. Large enterprises made up the remaining 0.44% (4,044).
In addition, PSA also cited that the top five (5) industries in terms of the number of MSMEs in 2017 were: (1) Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles with 423,637 establishments; (2) Accommodation and Food Service Activities with 121,740; (3) Manufacturing with 116,071 establishments; (4) Other Service Activities with 57,491 establishments; and (5) Financial and Insurance Activities with 41,012 establishments. These industries accounted for about 82.54% of the total number of MSME establishments.
PSA discovered that MSMEs generated a total of 4,922,251 jobs in 2017 versus 2,909,838 for the large enterprises. This indicates that MSMEs contributed almost 62.9% of the total jobs generated by all types of business establishments that year. Of these, 30.3% or 2,369,748 jobs were generated by micro-enterprises; 25.9% or 2,024,470 by small enterprises; and 6.7% or 528,033 by medium enterprises.
The event generates 10,000 visitors coming from different parts of Metro Manila, Rizal Provinces and Luzon.
These visitors can select from over 200 companies offering different business opportunities. Besides this, several partners associations are conducting different business conferences and learning events.
The focus of the conferences and learning events are success stories, best practices, and trends that will aid aspiring and existing business owners in growing and expanding their business.
Among the categories that will be showcased in the events are health and beauty, food franchise and dealership, technology, bank, and finance, and transportation.
The 10th Philippine Business and Entrepreneurs Expo is an important event for MSMEs in the country. For years, MSME benefited from the event by (1) Getting more business partners, (2) Getting strong engagement from target market, and (3) Getting additional learnings and insights from other successful companies.
Several associations like Ka-Entrep, Rotary Mutya ng Pasig, and Inner Wheel Club of Antipolo Central are supporting the event.
For partnerships, call tel. no. 633-0153 or email info@exlinkevents.com.
- Thursday, July 11, 2019
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