Page 26 - ASEAN BUSINESS AND INVESTMENT SUMMIT 2019
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26     ABIS 2019



        6  Panel  Discussion:
           th

        ASEAN MENTORSHIP FOR

        ENTREPRENEURS NETWORK

        FOR MSMES






              ASEAN Mentorship for Entrepreneurs Network (AMEN) was established by ASEAN Business
        Advisory Council (ASEAN-BAC) during the Philippines Chairmanship in 2017, with the aims of
        promoting the integration and acceleration of MSME’s access to mentorship, money and market
        (3Ms) as the framework for MSME empowerment to scale up offline and online. These three factors
        will help create an enabling environment for MSMEs. Empowering the MSMEs is vital to achieving
        inclusive growth and poverty reduction. The MSMEs constitute around 95 percent of establishments
        and provide about 75 percent of total employment in the region. It has also recognized the growing
        importance of MSMEs who account for over 80 percent of all business in the world. MSMEs are
        thus the backbone of ASEAN and MSME development is fundamental towards achieving long-run
        and sustainable economic growth and narrowing development gap.




        Objectives



              To discuss strategies required for ASEAN Member States to jointly develop MSMEs through
        3Ms and pioneer mentors



        Key Questions




            01   What are the major problems that hinder the growth of MSMEs?

           02    How is the 3Ms framework required for MSMEs?

           03    What is the supporting role of public-private partnership toward MSMEs?
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