The Ministry of Economy and Finance will officially launch the ‘Startup Cambodia’ National Program next week, aimed at supporting the entrepreneurial ecosystem and startups by strengthening entrepreneurship.
The launching ceremony will be held on December 9 under the presence of Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, as well as participants and representatives from ministries, institutions, embassies, associations, civil society organizations, development partners, educational and private institutions including Entrepreneurship Support Organizations (ESOs) and investors.
Digital business development is a pillar in building the digital economy and social policy framework of Cambodia 2021-2035, which focuses on supporting the entrepreneurial ecosystem and startups by strengthening entrepreneurship and promoting startups in terms of capacity and financial resources, the ministry said yesterday.
“Aligned with this direction, the Royal Government, through the Ministry of Economy and Finance, and relevant ministries and institutions, has launched the “Startup Cambodia” National Program, with the coordination of Techo Startup Center and Khmer Enterprise,” read the statement.
The implementation of this national program has four main objectives including connecting stakeholders and enhance collaboration among them through community-based events and digital platform; collaborating to grow startups by supporting each other through clear support mechanisms; providing comprehensive scientific information related to startup, entrepreneurship and the whole startup ecosystem through digital platform; and being a national forum to get connected with similar programs of different countries.
Cambodia Digital Tech Association president Chhin Ken said that the program is very important for the connection between public and private institutions, especially to help small and medium enterprises to understand the use and change of business turnover, especially in the context of the Covid-19 crisis.
“The program is to link the Royal Government’s plan with SMEs so that they can know the new business path through digital means which they can understand and change the way they do business digitally,” he said.
The launching ceremony will be held via live broadcast on December 8, 2021 at 9:00AM on the Facebook page of the Ministry of Economy and Finance and partnering ministries/institutions.
This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.