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Smart Axiata launches help for startups/SMEs

Khmer Times staff / Khmer Times Share:
SMART Axiata CEO Thomas Hundt addressing the participants. Supplied

To support startups and small businesses across Cambodia, Impact Hub Phnom Penh is launching a new education programme for entrepreneurs with funding from Smart Axiata’s $1 million COVID-19 relief fund.

The free online course aims to help entrepreneurs overcome challenges that have emerged because of the  pandemic. It is designed for small and medium enterprise (SME) founders and leaders who are in need of solutions to improve their business and build a resilient company.

Participants will learn how to assess their current business operations in order to adapt to changing circumstances by designing and implementing new plans. Entrepreneurs will also learn about different ways to acquire additional funding, engage customers and remodel their financial plans. The online classes will be available on Impact Hub’s website where entrepreneurs can join at any time at no cost.

“The goal of the Business Resiliency for Startups programme is to bring knowledge to entrepreneurs across Cambodia and help them build sustainable and resilient businesses that can overcome crises such as the COVID-19 pandemic,” said Olivia Hough, managing director of Impact Hub Phnom Penh.

Business owners will be able to access different online modules and participate in monthly online group calls with other entrepreneurs. They will also have access to videos, various exercises, resources and case studies from around the world. The online classes will take approximately 10 hours to complete.

“We are partnering with Spring Activator, a Canadian startup supporter, which has experience navigating through three recessions, and in doing so has first-hand experience in leading businesses through challenging periods of uncertainty and risk,” added Olivia.

Smart has funded 11 different initiatives through the COVID-19 relief fund, supporting programmes focused on distant education, hygiene, protective equipment for healthcare professionals, vocational training and access to finance for entrepreneurs.

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