SMEWG Resources

Malaysia

Empowering Youth Entrepreneurship

Initiative oriented to encourage the youth (between 18 - 40 years) to venture into business. The objectives of this program are to acculturate entrepreneurship, create a paradigm shift from job seekers to employment providers, and create resilience and sustainability of entrepreneurs. After the successful completion of Phase 1 (Test the Perseverance of Mind & Physical) and Phase 2 (Increase Knowledge - Effective Business Operations), the participants will receive RM15, 000 (USD3,628) to assist them in starting the business and will be able to utilize the a Buddy System for 12 months upon the business establishment to receive advice from experienced and trained Business Counsellors.

APEC Survey on Business Environment: Government Procurement for SMEs

Malaysia and Mexico presented the results of the APEC survey on government procurement for SMEs and made some recommendations on supporting and creating opportunities for SMEs regarding government procurement.

Sectoral Game Plan to Catalyze Growth

Malaysia presented on their sectoral approach to catalyze growth. Based on data gathered in the process of formulating the SME masterplan, the Catalyst Programme was designed to promote homegrown champions with focus on 6 sectoral verticals (Led/solid-state lighting, aerospace, ship building/repair, medical devices, modern rail, food safety and halal), converging the expertise of the existing specialist agencies to avoid duplication. This is to enable high growth SMEs to move up the value chain.

SME Financing in Malaysia

The presentation provided background information on the status of financing for MSMEs in Malaysia and, e.g. funds set up by the Central Bank of Malaysia (BNM), and the initiatives of BNM to assist MSMEs, including financial advisory and awareness programs.

Mexico

Innovative Strategies to Support Micro and Small Traditional Firms

Mexico presented on its support to the policy recommendations by several international organizations of promoting innovation through start‐ups and young enterprises and medium size firms.

Mexico believed there could be some cost‐effective, technology‐oriented, large scale tools and practices which could be applied to large numbers of small traditional firms and have comparable impacts on increasing national productivity and growth.

Papua New Guinea

Policy Dialogue on Sharing of Best Practices in Building Institutional Capacities to Promote Internationalisation of MSMEs and Developing Competitiveness of MSMEs to go Global

One of the most crucial challenges facing MSMEs in APEC economies is how to create new business and investment opportunities in regional and global markets. Recent studies reveal that MSMEs in the APEC region account for only 30% of Exports, which is quite low considering the fact that MSMEs account for 90% of businesses and employ up to 60% of the workforce. The project aims to invite expert international speakers and participants from APEC economies to partake in an interactive workshop where participants, particularly from developing economies can learn from the experiences/best practices from other APEC economies and acquire knowledge and skills which will allow them to formulate specific policies to support MSMEs in their home economies tap into regional markets. This project draws on the  direction established by the Boracay Action Agenda to Globalize MSMEs, the APEC Iloilo Initiative: Growing Global MSMEs for Inclusive Development, and the SMEWG Strategic Plan 2017-2020. A two day workshop will be organized on the margins of SOM 2 during PNG APEC year 2018.

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Proposal to Establish Database on Retired Business Executive to Provide Coaching Services to MSMEs

Papua New Guinea proposed to develop a database of retired business leaders and experts as mentors for SMEs.  The proposal will be discussed intersessionally

Peru

APEC Forum: Promoting Stakeholder’s Building Capacities in Clusters and Local Economic Promotion Instruments

SMEs are key engines and sources for economic growth in APEC economies.  Therefore, business capacity building on SMEs is necessary to take advantage of opportunities to engage them into international trade flows and commercial investment contracts.  Also, it is important to foster institutional or social capital capacities for designing and implementing public policies in order to adopt a comprehensive and competitive approach within APEC economies, sharing best practices for identifying economic potentialities and projects/programs aiming the promotion of Global Value Chains, clusters, among other business schemes as significant tools for economic developing in Asia-Pacific region.

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Supporting Micro, Small and Medium-Sized Enterprises (MSMEs) Trade Facilitation through Standardization Activities

MSMEs are important part of APEC economies and have been an APEC's objective to integrate them in regional and global markets. The promotion of the use of standards and conformance among MSMEs will support them to access new markets and to be part of Global Value Chains. This project aims: 1) To conduct a survey on initiatives that National Standards Bodies (NSBs) apply to help MSMEs to better understand the benefits of standards, conformance and metrology  , 2) To exchange information about best initiatives and discuss the survey results and 3) To make a publication with best initiatives that NSB could apply to increase their MSMEs competitiveness and integrate them in international trade.

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Digital Trade Policies for the Development of Digital SMEs 

The project focuses on public policies for the promotion of development of SMEs through the use of technology within new digital businesses.The main activity of the project is a one-day forum on this topic, to which Peru would like to invite delegates of member economies, as well as the local community of SMEs and technological entrepreneurs, and policy makers, among others. 

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Green and Sustainable MSMEs in the APEC Region 

MSMEs contribute significantly to economic growth in APEC economies. It is also wide recognized that MSMEs can play a key role in favor of sustainable development.

The APEC 2016 priority entitled "Towards the Modernization of MSME in the Asia-Pacific" acknowledges this situation and aims to promote the conservation of the environment by fostering MSMEs productivity, the sustainable patterns of production, the efficient use of resources, including energy and clean technologies. This conception about MSMEs' role will facilitate their insertion into Global Value Chains and also, the generation of value in economic activities. Taking into consideration this situation, Peru proposes the organization of a half-day workshop on September 5, 2016 in Lima (previously to the SMEWG41) to present the experiences, opportunities and challenges that APEC Economies may face in the path to modernize.

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Workshop to Identify Factors Affecting Import and Export Clearance Processes made by MSMEs

Competitive MSMEs are essential for the growth of an economy to be more equitable and inclusive. In this regard, Member Economies are implementing mechanisms that promote internationalization of MSMEs, according to the Boracay Agenda. 

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2017 APEC Digital Economy and E-Commerce Forum: Fostering E-Commerce to MSMEs Access to Regional and Global Markets

Digital economy and E-commerce are opening great opportunities to MSMEs, including startups and women entrepreneurs, to connect to global value chains, allowing access to regional and global markets. However, the challenge for MSMEs is to improve their capabilities, and incorporate new strategies, skills and technologies to take advantages of these opportunities.

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Productive Innovation

The presentation gave an updates on what has been done within the “Productive Diversification Plan” which was launched by the Ministry of Production of Peru one and a half year ago. The Plan combines cross-cutting policies to strengthen fundamental capacities along with vertical policies that pay attention to specific sectors.

Productive Innovation

The presentation gave an updates on what has been done within the “Productive Diversification Plan” which was launched by the Ministry of Production of Peru one and a half year ago. The Plan combines cross-cutting policies to strengthen fundamental capacities along with vertical policies that pay attention to specific sectors.

Factoring As a Financing Mechanism for SMEs and MEs

Presentation on the financial instruments to promote SMEs credit. The presentation referred to factoring as a financing mechanism for SMEs, going through a quick reminder of what was the context of factoring in Peru, the bottlenecks found and current status. This review would lay the ground for the economy to explore the best practices and achievements in this specific area.

Factoring As a Financing Mechanism for SMEs and MEs

Presentation on the financial instruments to promote SMEs credit. The presentation referred to factoring as a financing mechanism for SMEs, going through a quick reminder of what was the context of factoring in Peru, the bottlenecks found and current status. This review would lay the ground for the economy to explore the best practices and achievements in this specific area.

Increasing Productivity MSME Cost-Reduction and Financing Reform

Peru presented on the reform which was part of the National Plan for Productive Diversification. Its objective was to increase productivity and reducing productive heterogeneity among firms. The Peruvian government set an important goal: the creation of a public fund to improve MSMEs access to financial services, i.e. MIPYME Fund.

Towards an Industrial Policy in Peru: A Global Value Chain Perspective

Peru presented its industrial policy measures to identify new growth engines for its economy, including: (i) SMEs internationalization; (ii) regulations and administrative simplification; (ii) small, high‐tech industry (upstream) that helps downstream products; (iv) green industry standards and sustainable industrial development; (v) improvements in the business environment and / or tax incentives for certain strategic sectors; (vi) developing industrial parks that utilizeinternational standards, technology innovation centers and clusters; and (vii) territorial development approach to facilitate achievement of trends in globalization.

Presentation of Tools and Interventions in Entrepreneurship and Innovation

As part of the first pillar in its National Plan for Productive Diversification, the Peruvian government is implementing tools and interventions to promote entrepreneurship and innovation. Peru encourages productive innovation through two instruments: the National Innovation Program for Competitiveness and Productivity (Innovate Peru) and the Law for promoting scientific innovation, technological development and technological innovation.

Access of MSME to Financing in Peru

Peru introduced about the micro-finance in Peru and government instruments for microfinance. The information on the FONDEMI (micro enterprises development fund) was also presented.

Access to Government Procurement and Participation in GVCs: SMEs’ Access to Public Procurement Market

Peru introduced five steps to achieve the objective of increasing productivity and reducing productive heterogeneity among firms: (i) Promote access to government procurement through the National initiative to enhance micro and small firms during the international crisis; (ii) Promote Innovation; (iii) Promote internalization, in which e‐Commerce is a facilitating tool; (iv) Promote value added to access to government procurement markets; and (v) Look for sustainability and growth through to maintain a regular/minimum amount of public procurement to enhance the SMEs improve their productivity and look for other markets.

APEC Start-ups Conference III 2014: Global Thinking to Make Global Business

Peru informed on the upcoming  conference scheduled on October 28-29, 2014, in Lima, Peru. Its objectives are to become an important start-up node in the APEC region, to encourage start-ups and entrepreneurs to develop global funding, and to facilitate information, cooperation, and networking between diverse global economies.

The Philippines

Improving Micro, Small and Medium Enterprises (MSMEs) Competitiveness through Low Carbon Economy

The overall goal of the intervention is to strengthen capacity and improve competitiveness of APEC Micro, Small and Medium Enterprises (MSMEs) as well as reducing emissions through low carbon technologies. Specifically the project aims to establish regional platform for discussing best practices and technology, and develop replicability strategies for energy efficiency and sustainable technology interventions in the APEC MSMEs, including mechanism to quantify the reduction of GHG emissions. A two-day energy efficiency forum and workshop will be organized that will bring together energy policy makers, technology developers, MSMEs industry representatives and government officials from the APEC member economies. The first day will focus on technical lectures and presentations where low carbon technologies and innovative best practices of APEC MSMEs will be presented.  The last day will discuss mechanisms and relevant policies for the establishment of regional platform for discussing best practices relating to promoting the voluntary adoption and diffusion of low carbon technologies and supporting their development and utilization through appropriate technology transfer and financing policies.

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New Era of Growth for APEC SMEs through Online-to-Offline (O2O) Business Models

With the rapid development of mobile internet, the fast integration of e-commerce and mobile payment technology, online-to-offline (O2O) is becoming a new business mode with huge market potential in the APEC region. As a response to the 2015 APEC theme of "Building Inclusive Economies, Building a Better World", this project, in cooperation with top e-commerce platforms such as eBay, Amazon and Alibaba, will advance and facilitate MSMEs' access to global markets through O2O business models and best practices. Also for echoing the 2015 priority of "Fostering SME's participation in regional and global markets", this project will connect 5 top e-commerce platforms, collect O2O best practices from 10 APEC economies with at least 20 cases, gather over 400 participants through hosting 1 Summit and 2 workshops that are at margins of 2016 SMEWG and SMEMM. Above all, this project will be the catalyst and facilitator paving the way for a new era of growth by making trading across borders faster, cheaper and easier for MSMEs in the APEC region.

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Best Practices on Brand Development and IP Protection for Micro, Small and Medium Enterprises (MSMEs)

The project is a major step in advancing the Global Value Chain Development and Cooperation initiative of APEC.

With focus on MSMEs, the project seeks to accelerate their participation in the global economy by helping them develop and strengthen their brands, and make their businesses competitive through intellectual property (IP) protection and management. By promoting brand development to MSMEs, it is also expected that their level of awareness and appreciation of IP will increase.

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Women as Prime Movers of Inclusive Business

The Women as Prime Movers of Inclusive Business project is a cross-fora collaboration effort of PPWE (as the lead forum) and IEG.  It looks into the broader aspect of Inclusive Business (IB) both in theory and practice, and zooms into how women's economic empowerment serves as vital contribution in the development, scale-up, and replication of IB models in the Asia Pacific region.

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Enhancing the Competitiveness of Women-Led Micro, Small and Medium Enterprises (MSMEs) in the Garments and Textile Sector through Innovation and Entrepreneurship

APEC economies recognize that the full potential of women's contribution to the Asia-Pacific economy remains untapped.  Women led MSMEs have a great potential to address the challenges of providing employment and livelihood to the growing population.  Acknowledging the vast potential of innovative enterprises in MSME sector this project seeks to: (a) raise awareness of possible impediments to Women MSMEs sustainable growth; (b) disseminate best practices on Women Entrepreneurship; and (c) explore possible means for APEC members to collaborate on creating an  environment conducive for Women MSMEs. 

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The Philippine Approach to SME Internationalization

Guided by the Export Development Plan and overseen by the Export Development Council (EDC), a plan to promote exports was formulated and put in place with two prongs, i.e. to increase SMEs participating in export and to diversify both products and markets. Various programs were introduced to support SMEs Internationalization, e.g. supporting start-ups, export competitiveness and doing business in FTAs, etc.

The Philippine Approach to SME Internationalization

Guided by the Export Development Plan and overseen by the Export Development Council (EDC), a plan to promote exports was formulated and put in place with two prongs, i.e. to increase SMEs participating in export and to diversify both products and markets. Various programs were introduced to support SMEs Internationalization, e.g. supporting start-ups, export competitiveness and doing business in FTAs, etc.