DIGITALIZATION is not just the buoy to keep micro and small businesses afloat in times of calamities; it's the entire ship that will save businesses and keep them moving forward amid adversities.
The Department of Trade and Industry (DTI), referencing numbers from the Philippine Statistics Authority, cites that there are a total of 1,246,373 business enterprises operating in the country in 2023. Of these, 99.63 percent are micro, small, and medium enterprises (MSMEs).
This is why the Philippine Chamber of Commerce and Industry (PCCI), the Philippines' largest business group, is taking a leap to modernize MSMEs in small but tangible ways.
EMPOWERING MSMES Trade Secretary Cristina Roque and Converge CEO and Co-Founder Dennis Anthony Uy share the mission not to leave micro and small businesses (MSMEs) behind as the government moves forward on broader digitalization initiatives. PHOTO FROM CONVERGE
Leading fiber broadband and technology solutions provider Converge ICT Solutions Inc. has officially lent a hand to this cause, and together with the DTI, they are moving as one to boost the country's digital competitiveness.
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Converge will be mounting a 24-hour hackathon called Byte Forward, which will run alongside PCCI's regional business conferences, to be held in North Luzon, Visayas, National Capital Region, Mindanao and South Luzon.
"The hackathon is certainly a welcome move for MSMEs particularly as it will come up with viable and practical technology solutions that meet their needs and can help them move up the value chain. We are happy that Converge, through the efforts of our PBC Chair Dennis Uy, is making this happen," PCCI President Consul Enunina Mangio said.