Go Negosyo giving away R500,000 to lucky MSMEs

Go Negosyo founder and Presidential Adviser for Entrepreneurship Joey Concepcion announced yesterday that its mentorship program – Go Negosyo Mentor ME Online (MMO) – will be giving away on June 26 a total of ₱500,000 to 20 lucky micro, small, and medium enterprises (MSMEs) winners through a raffle to help boost their capital.

“We made it even bigger and extra special. Now, we are giving away ₱25,000 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 10,000 each. We hope somehow, this will aid MSMEs who we have been helping for the past 15 years of Go Negosyo,” Concepcion said.

With quarantine protocols being enforced to help prevent the spread of the coronavirus disease (COVID19), Go Negosyo had to adapt and maximize its online platforms to continue serving MSMEs. It launched Mentor ME Online sessions on Facebook, which has already 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 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.

“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 said.

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, Association of Filipino Franchisers, Inc., among others, also support the program.

From a daily pool prize of ₱5,000 a day on April 27 to ₱100,000 every Friday, GoNegosyo continues to level up its support to MSMEs, with a pledge to give away a total of ₱500,000 to 20 lucky viewers.

MMO is held three 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 PangNegosyo Raffle Promo.

MMO is also embarking on a new segment called “Business As Usual,” with Tessa Prieto-Valdes. 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 ₱500,000 pool money will be raffled during the segment with Valdes.

Since 2005, Go Negosyo has advocated for a shift to 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 concludes.