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Philippines
Thursday, January 30, 2025
25.1 C
Philippines
Thursday, January 30, 2025

SEC brings capital market to MSMEs

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The Securities and Exchange Commission (SEC) said it concluded its two-year nationwide roadshow for micro, small and medium enterprises (MSMEs), where it pitched the capital market as a source of financing and generating over P2 billion in fresh funds for small businesses.

The SEC Office for the Advancement of Strategic Investments in SMEs (OASIS) on Jan. 28, 2025 held the last leg of the Roadshow on Capital Formation for MSMEs and Startups at the SEC headquarters in Makati City.

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The nationwide roadshow, which kickstarted in February 2023 in Davao City, introduced the capital market as an accessible option for MSMEs to finance their operations and promote expansion through crowdfunding and initial public offering (IPO), among others.

“Catering to the needs of the country’s [MSMEs], especially their access to capital, has always been a priority of the Marcos administration,” said SEC chairperson Emilio Aquino.

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