Cambodia SME Championship July 2020
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B2B Cambodia
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The Cambodian private sector is launching an SME (Small and Medium Enterprises) Championship on the 3rd July 2020 to promote the sector in the Kingdom. PLMP Venture Capital and FASMEC are organising the competition.
Cambodia SME Championship 2020
The first small and medium-sized enterprise (SME) competition in Cambodia, called the Cambodia SME Championship, will seek to "promote the SME sector and seek financial loan support for business expansion" reports the Phnom Penh Post. PLMP Venture Capital has opened up registrations for the event saying in a statement "The Cambodia SME Championship is a first-of-its-kind event in the Kingdom to bring together start-ups, established SMEs, entrepreneurs, VCs, and a selection of Speakers from the most trending industries." The event will be co-organised by FASMEC and is endorsed by the Security and Exchange Commission of Cambodia (SECC). The registrations are limited to 120 entries and the top 12 companies who are selected as finalists will pitch at the event. FASMEC president Te Taingpor added that the competition was set up to find the winners in the SME sector and also promote them. The top three winners of the competition will receive a trophy plus a certificate and qualify for funding of up to $1 million in investment from PLMP Venture Capital, although the funds are pending certain criteria and at the discretion of PLMP Venture Capital.