About 17,500 Philippines-based micro, small and medium enterprises (MSMEs) are targeted to be enrolled in the two-year AI (artificial intelligence) for MSME Advancement in ASEAN (AIM ASEAN) program starting this November.
The ASEAN Foundation said nine Southeast Asian organizations have been identified to lead domestic implementation, with impact enterprise Limitless Lab tapped to help MSMEs from the Philippines.
“The beneficiaries are open to various sectors and include micro, small and medium enterprises. These sectors range from retail, agriculture, manufacturing, services, and others,” the ASEAN Foundation said in a statement sent to the Philippines News Agency.
The program, eyed to benefit about 100,000 MSMEs in the region, will be implemented with the help of the Asian Venture Philanthropy Network (AVPN) through the AI Opportunity Fund: Asia Pacific, and with support from the Asian Development Bank (ADB).
The ASEAN Foundation, in a press release, explained that “small businesses are the backbone of Southeast Asia’s economy” but noted that “in today’s fast-changing digital landscape, many MSMEs risk being left behind, especially when it comes to using AI to grow their business.”
About 17,500 Philippines-based micro, small and medium enterprises (MSMEs) are targeted to be enrolled in the two-year AI (artificial intelligence) for MSME Advancement in ASEAN (AIM ASEAN) program starting this November.
The ASEAN Foundation said nine Southeast Asian organizations have been identified to lead domestic implementation, with impact enterprise Limitless Lab tapped to help MSMEs from the Philippines.
“The beneficiaries are open to various sectors and include micro, small and medium enterprises. These sectors range from retail, agriculture, manufacturing, services, and others,” the ASEAN Foundation said in a statement sent to the Philippines News Agency.
The program, eyed to benefit about 100,000 MSMEs in the region, will be implemented with the help of the Asian Venture Philanthropy Network (AVPN) through the AI Opportunity Fund: Asia Pacific, and with support from the Asian Development Bank (ADB).
The ASEAN Foundation, in a press release, explained that “small businesses are the backbone of Southeast Asia’s economy” but noted that “in today’s fast-changing digital landscape, many MSMEs risk being left behind, especially when it comes to using AI to grow their business.”
