Micro small and medium enterprises (MSMEs) have a significant role in the growth of many global economies worldwide. These businesses contribute about 50% to industrial output, exports, employment of millions of people, and generation of million jobs annually. Also, they boost the production of thousands of quality products and services for the local and international industries.
In a recent angel round presentation at Hotel des Arts Saigon, Ho Chi Minh Vietnam, Mark Davis, chief marketing officer of AladiEx, an innovative digital platform, discussed how the new trading tool can help boost MSMEs’ performance and increase their overall business operations.
Mr. Davis stressed that AladiEx is an online platform that assists any business to generate capital for their global projects at low-cost, minimal barriers and helping investors invest anywhere in the world in projects easily while managing their assets using the available effective trading tools.
MSMEs are not hassle-free
Despite the vital contribution of MSMEs in global economic growth, this specific sector also experiences major setbacks by different external factors. Many times, they do not get the needed support of their governments, banks, financial firms, and funding institutions which prevent their daily operations prosper. Below are some of the common issues experienced by the current and startups in the MSME sector.
Lack of enough and timely banking finance
Low capital and poor technical knowledge
No available required technology
Poor production capacity
Inefficient marketing strategies
Restrictions on modernization/expansion plans
Limited skilled workers at affordable cost
No assistance or limited support from government agencies to respond to problems brought by low workforce and knowledge
AladiEx’s chief marketing officer noted AladiEx seeks to assist a million MSMEs with their funding needs for the next five years.
The competitive advantage of AladiEx
- Market leader in increasing capital for startups and small and medium businesses.
- Encourage businesses, including non-tech enterprises, to raise funds easily.
- Prevent scams where only businesses with real and verified activities are allowed to raise funds on the platform.
- With its strong legal system, it guarantees the buyer rights and obligations and protects the welfare of businesses.
- Reduced risks. Only enterprises with complete KPIs in the previous round are enabled to raise funds in the next round.
- Building the capacity of reliable affiliates. Focus is on a lifetime financial brokerage career while providing an opportunity to change people’s lives.
Strengthening the MSMEs capacity
It is essential to empower the MSME sector to optimize their limited resources (human and economic) and enable them to provide effective trading tools through AladiEx. These MSMEs should be kept informed of the recent developments occurring globally and acquiring skills necessary to upgrade their competency with the global developments.
Recently, member MSMEs of AladiEx are provided with better opportunities to expand and diversify their market sectors. The global market is rapidly increasing. Most entrepreneurs are experiencing remarkable progress in different sectors such as manufacturing, textile and garments, design, food processing, engineering, pharmaceuticals, retail, IT, and agriculture and services industries.
AladiEx provides innovative solutions
To respond to the setbacks experienced by MSMEs and succeed in facing the challenges, AladiEx provides key strategies to promote and support this sector. This digital platform engages the MSMEs to adopt innovative concepts to promote their business.
Be part of the AladiEx family and take part in its organized seminars, workshops, conferences, training, and other trading activities to be informed and be aware of the MSMEs. To know more about AladiEx and how it can help your business, visit us at https://aladiex.io/. Buy your tokens now and enjoy its benefits.
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