Khmer Enterprise funds 60 startups and SMEs

Khmer Enterprise funds 60 startups and SMEs

Vanndy says more than just funding, the assistance acts as a catalyst, unlocking doors to private investment and deeper collaboration with the wider business and financial ecosystem.

Khmer Enterprise Tuesday provided financial assistance packages to 60 startups and small and medium enterprises (SMEs), aiming to unlock their growth with this assistance package to strengthen business performance, sharpen competitiveness and expand export opportunities, further supporting the nation’s growing entrepreneurial ecosystem.

Presiding over the grant handover ceremony, Minister of Industry, Science, Technology & Innovation, also Chairman of the Khmer Enterprise’s Board of Trustees, Hem Vanndy said, “Through strong national programs and broad local and international partnerships, Khmer Enterprise is equipping startups and SMEs with the tools, networks, and financial support they need to compete nationally and internationally.”

He went on to add, “More than just funding, the assistance acts as a catalyst, unlocking doors to private investment and deeper collaboration with the wider business and financial ecosystem.”

Chhieng Vanmunin, Delegate of the Royal Government In Charge as CEO of Khmer Enterprise, reaffirmed the government’s commitment to fostering a strong and resilient entrepreneurial ecosystem, noting that direct financial assistance reflects Khmer Enterprise’s dedication to improving business competitiveness and expanding market access.

Khmer Enterprise’s strategy is firmly focused on building businesses’ resilience to external pressures while positioning them to seize emerging opportunities across a diverse range of markets—supported through targeted assistance packages and sector-specific initiatives, he said.

Since 2020, Khmer Enterprise has rolled out hundreds of programmes to nurture entrepreneurship across Cambodia, from business plan competitions that spark creativity among students to capacity development courses covering financial management, sales and marketing and export strategies. These programmes are continuously refined to reflect the evolving needs of today’s business landscape.

Through networking events connecting startups and SMEs with investors, financial institutions and key business partners, Khmer Enterprise ensures its support remains relevant, responsive and aligned with the demands of a growing entrepreneurial ecosystem.

As a national platform dedicated to advancing entrepreneurship, Khmer Enterprise continues to champion the growth of startups and SMEs across Cambodia. Through its efforts to cultivate a vibrant and dynamic private sector, Khmer Enterprise seeks to accelerate business growth and drive innovation. These initiatives are firmly aligned with the government’s broader agenda of fostering sustainable economic development and securing long-term national prosperity.

Khmer Enterprise focuses on four priority sectors: information and communication technology (ICT)—empowering tech startups to accelerate digital transformation, services—enhancing hospitality and logistics to strengthen Cambodia’s service sector, agriculture—advancing agro-processing for domestic consumption and export and manufacturing—promoting import substitution to boost local production.

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