Page 47 - DTI Prosperity Plan 2022
P. 47
ON MSME DEVELOPMENT
Government initiatives to promote and develop micro and SMEs shall be inclusive. It shall cover
those at the “bottom of the pyramid’’, as well as potential, new, or existing micro entrepreneurs
whom DTI can help grow into more sustainable enterprises, supplying globally as exporters or in
building brands. In doing so, DTI will be guided by the 7M formula in implementing projects, i.e.,
Mindset (entrepreneurship training), Mastery (Roving Business Development Counsellors
Program), Mentoring (Kapatid Mentor ME), Money (Pondo sa Pagbabago at Pag-Asenso), Market
(OTOP Next Gen, Inclusive Business), Machines (Shared Service Facilities), and Models (through
Negosyo Centers). DTI will also embark on a “Brand Development Program” that will build new
Philippine brands aimed at contributing significantly to the national economy.
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