|APEC Online-to-Offline (020) Initiative - Unlease the Potential of SMEs through Digital Transformation for a Shared Future||
In response to APEC Leaders and Ministers' instruction regarding digital economy in 2016 and the 2017 theme "Creating New Dynamism, Fostering a Shared Future", this initiative, as the 3rd phase of the O2O Initiative, keeps aiming to bring in the latest knowledge of digital competitiveness and resilience, and show the APEC region that how SMEs can outcompete in the new era with rapid digital transformation and O2O application. With abovementioned goals, we are committed to continuously providing networking, showcasing and mentoring opportunity to the APEC startups and SMEs, facilitating their access to digital and physical global value chains (GVCs) and stimulating the dynamism of innovation in the Asia Pacific.
|Malaysia||Small and Medium Enterprises Working Group (SMEWG)|
|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.
|The Philippines||Small and Medium Enterprises Working Group (SMEWG)|
|Upgrading MSMEs' Access to Finance in a Digital Age||
There are several factors contributing to MSMEs' lack of access to finance. One is the inadequate legal and institutional infrastructure to support risk-based lending against a broader range of collateral and using non-traditional data. Another is the evolution of capital, liquidity, customer due diligence and similar rules that create disincentives for lenders to cater to MSMEs. Others include the lack of enabling environments for equity-based financing of small innovative enterprises and the lack of access of vulnerable micro- and small enterprises to risk management tools including insurance. There are great potentials for technological and financial innovations to upgrade MSMEs' access to funding, but inadequate understanding of their implications on the stability, integrity and fairness of financial systems constrain many policy makers from harnessing them.
|Viet Nam||Small and Medium Enterprises Working Group (SMEWG)|
|APEC SME Business Ethics for the Construction-Engineering Sector: Building A Strong Future for SMEs||
The project will fund a two-day ethics compliance workshop in Hanoi, Viet Nam in August 2018. At this workshop, a newly formed Construction-Engineering Implementation Team, comprised of experienced engineers and construction compliance experts from APEC economies, will formulate a set of recommendations to increase SME participation in infrastructure projects across the APEC region. The Implementation Team will: 1) identify relevant APEC Working Groups to expand expertise and the knowledge base on issues such as customs, procurement and human resource management , 2) review and select high-standard training models to educate future generations of civil service professionals, 3) define a common set of APEC-wide Principles and Guidelines for an Anti-Corruption Certification program with potential incentive mechanisms for SMEs, and improve government processes - such as greater automation of regulatory practices to enhance efficiency, transparency and opportunities for small construction & engineering firms who are the primary bidders, major suppliers and sub-contractors on large and small-scale projects across the APEC region.
|The United States||Small and Medium Enterprises Working Group (SMEWG)|
|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.
|Peru||Small and Medium Enterprises Working Group (SMEWG)|
|Promoting IT Adoption in MSMEs - Setting Up APEC SME Center for IT Promotion||
Digital economy plays an important role in enhancing MSME access to the global market and driving innovation. However, it remains challenging for MSMEs to embrace the digital economy. In 1996, the Information Technology Agreement was endorsed by the APEC leaders which were later adopted by World Trade Organization. In 2014, APEC leaders endorsed the APEC initiative of Cooperation to Promote the Internet Economy to further promote cooperation in the digital economy and proposed actions plan to bridge the digital gap. Also in 2014, "Welcome China to explore the possibility of setting up an "APEC SME Center for IT Promotion" was endorsed during the 21st APEC Small and Medium Enterprises Ministerial Meeting.
|People's Republic of China||Small and Medium Enterprises Working Group (SMEWG)|
|Title||Description||Year / Meeting / Workshop Presented||Presentor||Classification|
|Compendium on Methodologies for SMEs Internationalization 16_amm_008app13.pdf||
This initiative is envisaged as a contribution to the MSMEs Marketplace established under the Iloilo Initiative. It also addresses Leader's instructions to implement the Boracay Action Agenda (BBA), and facilitate SMEs access to regional and global markets. Particularly, this initiative will achieve the Common Goals towards 2020 outlined in the BAA, where the indicators include case studies of MSMEs participation in international markets and global value chains, and the increase in internationalization activities. In addition, this compendium will add value to the existing work programme under work stream 5 of the APEC Strategic Blueprint on Global Value Chains on Assisting SMEs to Benefit from GVCs.
28th APEC Ministerial Meeting
|Peru||Committee on Trade and Investment (CTI)|
|Supporting Women-Led SMEs Access Global Markets by Implementing Gender-Responsive Trade Promotion Policies and Programs||
Building on the outcomes of an SMEWG endorsed (and PPWE supported) multilateral workshop conducted in Manila (November 2014) and follow-up in-country visits to Chile, Indonesia, the Philippines, PNG and Vietnam (March-May 2015), this capacity building program aims to provide technical training to five economies' trade promotion agency officials, who are responsible for fostering greater export of goods and services. The program commences with a roundtable aiming to help officials identify barriers in their organisations to women accessing their services as well as considering specific actions and training to better support the needs of women-led/owned/managed SMEs. The roundtable will take place in Kuala Lumpur, Malaysia on 9-10 June 2016. A key roundtable outcome will be designing core objectives for follow-up tailor made bilateral workshops based on actual development needs of each economy. The bilateral workshops are planned for at least Peru (August 2016), Vietnam (December 2017) and PNG (by mid-2017). This work also furthers PPWE priorities.
|Australia||Small and Medium Enterprises Working Group (SMEWG)|
|APEC Small and Medium Enterprises (SMEs) Forum and Business Matching: SMEs Clouds + Innovation and Entrepreneurship||
Cloud computing eliminates the barriers on one-time equipment purchasing as well as the cost on IT maintenance and personnel control for startups. It also enables internet companies stop worrying about the IT support and the operation requirement of user peak value within cross-border business. In addition, the Cloud computing allows manufacturing, retailing and service companies no longer anxious about the stability, safety and sustainability of working systems.
|People's Republic of China||Small and Medium Enterprises Working Group (SMEWG)|
|Enhance Micro, Small and Medium Enterprises' (MSMEs) Capacity for Inclusive Development by Cross-Border E-Commerce Adoption||
MSMEs are the foundation of almost APEC ecocomies. In APEC region, they make up over 97% of all enterprises and generate more than 70% of all jobs. However, the participation of MSMEs in global trade is not commensurate with the great share of this sector yet. Whereas, the latest RTAs in APEC is predicted to bring out many effect to the MSMEs. Therefore, the core goal of this project is to expand the internationalization opportunities for MSMEs through cross-border e-commerce and the influences of TPP on the APEC's development.
|Viet Nam||Electronic Commerce Steering Group (ECSG)|