Davao business chamber establishes young entrepreneurs’ group

THE DAVAO City Chamber of Commerce and Industry, Inc. (DCCCII) is strengthening the new generation of business players with the establishment of the Davao City Young Entrepreneurs Association. The group’s initial 10 members, headed by Ingenuity Global Consulting, Inc.’s John Naranjo, will be inducted during DCCCII’s General Meeting on Aug. 31. “Entrepreneurs are getting younger and they now manage their own businesses. The trend now is for young people, usually the third generation millennials to manage their business,” DCCCII President Arturo M. Milan said. Mr. Milan said the new association will be a venue to help scale-up the business concepts of these young entrepreneurs. The association will consist of regular members who have been in business for at least five years, associate members with less than five years experience, as well as aspiring entrepreneurs. A summit is being planned next month wherein members would have an opportunity to pitch their business concepts to investors. — Carmencita A. Carillo