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Shared Service Facilities (SSF) "Shared Success for Filipinos MSMEs"

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MSMEs are considered growth engines of the Philippine economy.  However, performance of MSMEs is constrained by various factors such as limited financial capacity, poor market information and lack of access to innovative techniques and advanced technology which hinder them to realize their full potential, break into bigger domestic or international markets, and grow in a highly competitive environment.  To address these challenges, the MSME Development Plan was drawn to ensure that programs are made available to address key pain points and strengthen MSME growth.  One of the programs identified under the Plan is the Shared Service Facilities (SSF) Project, a flagship project of the Department of Trade and Industry aimed at improving MSME productivity and efficiency through better access to technology.

SSF Project is meant to improve MSME competitiveness by providing machinery, equipment, tools, systems, accessories, and other auxiliary items, skills, and knowledge under a shared system.  The facilities should help target beneficiaries increase their production capacities and improve product quality, resulting in increased markets, increased sales, and jobs generation.  SSF is a public-private partnership initiative being implemented through cooperators who can house the machinery and equipment and make these accessible to MSMEs.

More information at: https://www.dti.gov.ph/negosyo/shared-service-facilities/

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