Presidential awards given to 9 SMEs
Posted on July 28th, 2009
Nine successful enterprises, three from Luzon, three from Visayas and three from Mindanao, were given recognition in the first ever Presidential Awards for Outstanding Micro, Small and Medium Enterprises (MSMEs).
The awarding ceremony coincided with the openi9ng of the MSMED Week 2009 which was held recently at the Hall 3 of SM Megamall. The awardees received Presidential trophies, certificates, cash prize of P20,000 and a phone kit from Globe Telecoms.
The nine outstanding MSMEs are: from Luzon – Roger & Beth Pili Nut Candy (micro), J. Emmanuel Pastries (small) and Lighthouse Cooperative (medium). From Visayas – Dood’s Enterprises (micro), Filbake Food Corporation (small) and VICKMIK Enterprises (medium), while the awardees from Mindanao are Mindanao are Lao Integrated Farm (micro), Manolette Bakeshop (small) and AMS Employees Fresh Fruits (medium).
Among the nine winners, VICKMIK Enterprises was also chosen by Globe Telecoms as the Globe Masigasig Awardee for the year. In line the additional recognition, VICKMICK received a trophy, P30,000 cash and a mobility bundle from Globe.
Also receiving recognition during the said occasion are 26 private institution and local government units which were cited for best practices in MSME promotion and development.
Considered in the best practices are initiatives which have made outstanding contribution to improving any of the four strategic areas which are fundamental in developing the MSME sector.
These four strategic areas are:
1. creating a business and investment enabling environment;
2. providing access to finance;
3. improving access to market; and
4. enhancing productivity and efficiencies of MSMEs
Those who received the Presidential Citations for best practices in the area of creating a business and investment enabling environment were: German Technical Cooperation (GTZ); Municipal Governments of Baler, Aurora; Sta. Maria, Bulacan; Aliaga, Nueva Ecija; Talavera, Nueva Ecija; and Hermosa, Bataan; City Government of Angeles, Pampanga; San Fernando, Pampanga; and Bayawan, Negros Oriental; Provincial Government of Camarines Sur; Chinese Filipino Business, Inc. and St. Mary’s College Tagum, City, Davao del Norte.
For the best practices in the area of improving access to finance, the awardees were: Baao Multi-Purpose Cooperative; Cooperative Bank of Benguet; Simbag sa Pag-Asenso, Inc. (SEDP); MASICAP MSME Development Foundation, Inc.; CARD Bank, Inc. Bank of the Philippine Islands (Universal/Commercial Bank Category); Planters Development Bank (Thrift Bank Category); and Fair Bank (Rural Bank Category).
