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Go Negosyo gives out capital to affected MSMEs

By Bernie Cahiles-Magkilat

Go Negosyo Founder and Presidential Adviser for Entrepreneurship Joey Concepcion announced that its mentorship program, Go Negosyo Mentor ME Online (MMO), is giving away a total of P500,000 to 20 lucky MSME winners (viewers) with P25,000 each as pandagdag-puhunan via online raffle scheduled tomorrow, June 26.

Presidential adviser for entrepreneurship Joey Concepcion III (PCOO / MANILA BULLETIN FILE PHOTO)

Presidential adviser for entrepreneurship Joey Concepcion III

“We made it even bigger and extra special. Now we are giving away P25,000 pesos each to 20 winners as “pandagdag-puhunan”. For the past two months of the lockdown, we have produced close to 200 episodes already of our online mentorship. Every Friday, we do a raffle for those who watched our programs, from there, we electronically select 10 winners of P10,000 each. We hope somehow, this will aid MSMEs who we have been helping for the past 15 years of Go Negosyo,” said Concepcion.

Due to imposed regulations brought about by the pandemic, Go Negosyo had to adapt and maximize its online platforms to continue serving our MSMEs. It has launched Mentor ME Online sessions on Facebook, which has catered to more than 1.3 million followers.

Since March 23, 2020, more than 500 Go Negosyo mentors have volunteered to help in the program with the aim of providing free mentorship and connecting micro, small, and medium enterprises (MSMEs) with industry players during the pandemic. The program has equipped MSMEs with technical knowledge and business know-how in an interactive Facebook session. The live audience can freely ask questions from the mentors while lucky viewers chosen through an e-raffle have the chance to receive additional capital to grow their business.

Various business chambers and associations such as the Philippine Chamber of Commerce and Industry, Federation Of Filipino Chinese Chambers Of Commerce & Industry, Inc., Federation of Indian Chamber of Commerce of the Philippines Inc., Philippine Franchise Association, Philippine Retail Association, Assoc. of Filipino Franchisers Inc, among others also support the program.

“In the previously held sessions, we’re proud to have featured top Philippine business executives, Go Negosyo mentors, and celebrities such as Boy Abunda, Aga Muhlach, Dra. Vicky Belo, Richard Yap, Vina Morales, Tessa Prieto-Valdes, and many more.I believe that through the guidance of our expert mentors and our programs, we can provide hope and inspiration for our entrepreneurs and that they will be able to navigate this crisis and safely steer their businesses to greater success,” Concepcion added.

From a daily pool prize of PHP5,000 a day on April 27 to PHP100,000 every Friday, GoNegosyo continues to level up its support to MSMEs, with a pledge to give away a total of PHP500,000 to 20 lucky viewers esp the MSMEs.

MMO is held 3-times a day and features Financing opportunities for MSMEs (loan assistance); Free live one-on-one mentoring sessions; Balik Kabuhayan Series (Navigating to the New Normal & Campaign for Project ARK); and Puhunan Pang-negosyo Raffle Promo.

MMO is also embarking on a new segment with Tessa Prieto-Valdes called Business As Usual. The live business talk provides knowledge and business know-how through an accessible platform that showcases accomplished individuals who were successful in their respective industries.

A portion of the PHP500,000 pool money will be raffled during the segment with Valdes.

Since 2005, Go Negosyo has advocated for a shift in the Filipino mindset and attitude to achieve prosperity through entrepreneurship. Addressing poverty is the main objective of its programs, and is anchored on three key principles – Mentorship, Money, and Market. “We have come a long way. The support of local and international partners, from both the private and public sectors, has been instrumental,” Concepcion concluded.

Source: Manila Bulletin (

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