In 2011 the US-ASEAN Business Council Institute established a training program for Small and Medium-Sized Enterprises (SMEs) in response to a request by the ASEAN Economic Ministers (AEM). Following the success of this program, the Institute, led by Procter & Gamble (P&G), United Parcel Services (UPS), Hewlett-Packard (HP), and Microsoft, partnered with the United States Agency for International Development (USAID) and the U.S. Mission to ASEAN to launch the US-ASEAN Business Alliance for Competitive SMEs in March 2014. The Business Alliance has two objectives:
- To support the efforts of ASEAN SMEs to become more competitive in domestic markets, and to take better advantage of opportunities provided by the ASEAN Economic Community.
- To support the efforts of high-performance SMEs to become regional business leaders and world-class suppliers in the global value chain.
Since its founding, the Business Alliance has administered training sessions on a range of topics to more than 6,000 SMEs in all 10 ASEAN Member States. Click here for information on all past events.
In August 2014, the Alliance submitted a report to the ASEAN Economic Minsters (AEM) entitled “Beyond AEC 2015: Policy Recommendations for ASEAN SME Competitiveness” at the 46th AEM Meeting in Nay Pyi Taw, Myanmar. The report offers the Business Alliance’s perspective on opportunities and challenges faced by ASEAN SMEs, as well as recommendations to help ASEAN realize its considerable economic potential.
In April 2016, to further expand the Council’s SME program in Vietnam, the Council signed a Memorandum of Understanding (MOU) with the Vietnam Chamber of Commerce and Industry (VCCI). Through this MOU, the Council implemented five training programs throughout 2016 in Ho Chi Minh City, Hanoi, Da Nang, and Can Tho. In September 2017, the Council plans to convene a major SME symposium alongside the APEC Ministerial Meeting.
In May 2016 the Business Alliance launched the ASEAN SME Academy, an online portal with interactive training, mentoring resources, and business information for ASEAN SMEs. The ASEAN Academy allows SMEs throughout the region to access high-quality training modules at any time, free of charge. Council Members supporting the Academy include Baker & McKenzie, Facebook, Google, HP, MasterCard, Microsoft, PayPal and P&G. The Academy can be accessed at http://www.asean-sme-academy.org/.
As of June 2018, the Business Alliance has collaborated with more than 50 stakeholders ranging from government institutions and business and civil society associations, to regional and international organizations. These include the Lao Department of SME Promotion (DOSMEP); the Union of Myanmar Federated Chambers of Commerce and Industry (UMFCCI); the Philippines Chamber of Commerce and Industry (PCCI); the Federation of Thai Industries (FTI); the Thailand Office of SMEs Promotion (OSMEP); SPRING Singapore; the Philippines Department of Trade and Industry (DTI); the Indonesian Ministry of Cooperatives and SMEs; the Vietnam Ministry of Planning and Industry; SME Corporation Malaysia; the ASEAN Business Advisory Council; the ASEAN Secretariat; and many more.
In April 2018, the Council participated in the 5th ASEAN Coordinating Committee Meeting on Micro, Small, and Medium Enterprises (ACCMSME) in Luang Prabang, Lao PDR. At its first official engagement with SME government agencies across ASEAN, the Council presented the progress, future plans, and collaboration opportunities with the Council’s SME program. The meeting also marked the beginning of the handover process of the ASEAN SME Academy (the Academy) from USAID to the ACCMSME through the Philippines Department of Trade and Industry - Bureau of Small and Medium Enterprise Development (DTI-BSMED). Launched in 2016 by the Business Alliance, the Academy will be co-administered by DTI-BSMED and the Council. Full handover press coverage is available here.
In addition to company support for specific programs, the Business Alliance is supported by:
2013 - 2015