(Phnom Penh): On Wednesday (Feb. 4), Hem Vanndy, Minister of Industry, Science, Technology & Innovation (MISTI) and Chairman of the Khmer Enterprise (KE) Board of Trustees, presided over the 19th Board of Trustees Meeting to define new strategic direction and work plans.

The meeting aimed to expand support for Cambodian entrepreneurs and small and medium enterprises (SMEs) in alignment with the vision of strengthening Cambodia's entrepreneurial ecosystem.

The Key Points raised and proposed for approval in this meeting include:
-Advancing National Programs: Building on the successes of past initiatives, Khmer Enterprise will further strengthen its national programs to support entrepreneurs and small and medium-sized enterprises (SMEs) nationwide. These programs are designed to enhance inclusive economic growth and generate sustained positive impacts across local economies.

Key initiatives include: Highschoolpreneur Program, Unipreneur Program, Packaging Design Awards program, Student Venture Capital, Garment & Textile Competition, and Assistance Package.

-Strengthening Collaboration with the Private Sector: Khmer Enterprise aims to deepen strategic partnerships with the private sector, including banks, insurance companies, and other relevant institutions, to promote the development of small and medium enterprises (SMEs). This will be achieved through the establishment of business networks and the co-creation of joint programs that deliver shared value, demonstrate strong potential, and enhance competitiveness through multi-stakeholder collaboration.

-Expanding Support for local SMEs: In response to current trends, Khmer Enterprise will enhance support for small and medium enterprises (SMEs) to help them adapt to emerging opportunities and economic developments. This support includes access to essential resources, technical expertise, and market opportunities, aimed at strengthening capabilities, improving product quality, and enhancing competitiveness for the future.

Speaking at the meeting, Hem Vanndy emphasized: “By strengthening our national programs and working closely with the private sector, we are creating practical pathways for entrepreneurs and SMEs to grow, compete, and contribute meaningfully to the economy.”

Chhieng Vanmunin, Delegate of the Royal Government in charge as Chief Executive Officer of Khmer Enterprise, highlighted that: “Khmer Enterprise is strengthening the national programs that are receiving interest and investment from the private sector and development partners, whereby allowing us to create shared value for our society.”

The Board of Trustees expressed its continued support for Khmer Enterprise's vision of fostering innovation, supporting business growth, and strengthening partnerships with development agencies and stakeholders within the entrepreneurial ecosystem to create a vibrant environment for startups and SMEs in Cambodia.
=FRESH NEWS