specifics

• entrepreneurs contribution for institutions:

  • create technology to improve economic efficiency
  • solve environmental and socio-economic challenges
• entrepreneurs' contribution to the world:

  • shares ideas and innovations with other markets
• top 5 industry sectors acc. to number of MSMEs in 2022:

  1. wholesale and retail trade; repair of motor vehicles and motorcycles
  2. accommodation for foods and services
  3. other industry sectors
  4. manufacturing
  5. other service activities
  6. financial and insurance activities
• entrepreneurship: The process of recognizing opportunities and transforming them into marketable concepts that benefit the entrepreneur, the consumers, and the rest of society.
• entrepreneurship: BUSINESS OPPORTUNITIES are given visibility through the growing number of entrepreneurs who continue to create, innovate and break through traditional business practices and barriers.
• entrepreneurship: entrepreneurs are idea generators and creators who contribute in terms of improvising peoples' lives, as well as developing diverse and efficient systems within organization
• an entrepreneur is:

  1. risk-taker
  2. owner-manager
  3. sole proprietor
  4. self-employed
• •  1935: start of the SME development regulatory framework and policies (1935 Constitution: national commitment to economic success through industrial and technological growth)
• •   1970s: intensification of entrepreneurship
• • 1972-1976: Philippine Development Plan (SME sector)
• •   1987: Philippine Constitution (wide range of reforms and reorganization)
• •   1991: Magna Carta for Small Enterprises
• 1995: R.A. 7882 (The Act Providing Assistance to Women)
• Human Nature: Anna and Camille Meloto
• Down to Earth: Paula and Nicolo Aberasturi
• GoldenDuck: Alvie Benitez
• Rags2Riches: Mark and Reese Ruiz
• Messy Bessy: Krie Lopez
• Tali: Liza Crespo and Marielle Lazaro
• CUBO: Earl Patrick Forlales and Zahra Halabisaz-Zanjani
• Eco Hub Cebu - Mary Rose Arnejo