MSMEs, tech start-ups meet in DTI’s Slingshot Cebu 2018
START-UPs, entrepreneurs, innovators, educational institutions, and government agencies are gathering today, Oct. 23, at the Cebu City Sports Club for the Slingshot Cebu 2018 innovation summit organized by the Department of Trade and Industry (DTI). In a statement, DTI said this year’s staging of the event targets “both brick and mortar MSMEs (micro, small, and medium-scale enterprises) and tech start-ups,” with “the twin objectives of nudging brick and mortars to adapt and adopt digital, while our tech start-ups will have the opportunity to network, validate business models and gain traction.” After the conference, DTI will also launch the Start-up Island Mentoring Program in Central Visayas. DTI-Region 7 Assistant Regional Director Maria Elena C. Arbon said the mentoring program, which is being piloted in Cebu, is designed to help local start-ups gain entrepreneurial skills, strengthen their business models and scale-up.