Office of SME Promotion launches global connectivity program for SMEs
The Office of Small and Medium Enterprise Promotion (OSMEP) is launching a global connectivity program for SMEs designed to push local products onto the world market.
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Director of the OSMEP Suwanchai Lohawatanakul said, since 2016, his office has been working with governmental agencies to integrate SME networks, resulting in up to 17 billion baht in economic value.
This year alone, OSMEP initiated 4 key programs that generated 4.19 billion baht in revenue and brought SMEs into important networks such as digital content and food trucks.
Mr Suwanchai also mentioned the SME SPEED program which was designed to help SMEs utilize research and create unique brand identities for export.
The program aims to connect the e-commerce platform with the government, private agencies and older entrepreneurs to provide them with post-retirement income. OSMEP expects economic value for the program in 2019 to exceed 5 billion baht.