Phnom Penh (FN), Mar. 14 – Khmer Enterprise provided financial assistance to 32 startups and small and medium-sized enterprises (SMEs) during a grant handover ceremony on 13 March 2025. The event was presided over by Hem Vanndy, Minister of Industry, Science, Technology, and Innovation, and Chairman of the Board of Trustees of Khmer Enterprise. This initiative aims to enhance business operations, improve competitiveness, and boost export potential, reinforcing the country's entrepreneurial ecosystem.
Hem Vanndy said, "Khmer Enterprise has built a strong foundation and wide-ranging local and international partnerships. With significant achievements, Khmer Enterprise continues to foster an entrepreneurial mindset, develop capacity through comprehensive training, create networking opportunities, mobilize investment, and provide direct financial support to startups and SMEs."
Since 2020, Khmer Enterprise has implemented hundreds of programs to support entrepreneurship in Cambodia. Business plan competitions for students encourage creativity and an entrepreneurial mindset. Capacity development courses cover essential topics such as financial management, sales and marketing, and export strategies. Additionally, networking events connect startups and SMEs with investors, financial institutions, and key business partners to strengthen the entrepreneurial ecosystem.
Chhieng Vanmunin, Delegate of the Royal Government in charge as CEO of Khmer Enterprise, emphasized the government’s commitment to strengthening Cambodia’s startup and SME ecosystem. He stated, “The direct financial assistance provided to startups and SMEs is a testament to the government’s direct support and dedication to building a strong and resilient entrepreneurial ecosystem. This highlighted Khmer Enterprise’s contribution to the current policy framework, aiming to enhance businesses and improve market access.”
Khmer Enterprise remains committed to serving as a national platform for supporting entrepreneurial activities, with a particular focus on startups and SMEs. By fostering a strong and dynamic private sector, Khmer Enterprise aims to enhance business growth and innovation. These efforts align with the government’s broader strategy to drive sustainable economic development and long-term prosperity.
About Khmer Enterprise (KE)
Khmer Enterprise, a government trust, is dedicated to fostering a dynamic and sustainable entrepreneurial ecosystem in Cambodia. With a mandate to mobilize investments and manage resources, Khmer Enterprise supports businesses that drive innovation and create value across the national economy.
As a national platform for entrepreneurship development, Khmer Enterprise focuses on four priority sectors:
● Information and Communication Technology (ICT) – Empowering tech startups to accelerate digital transformation.
● Services – Enhancing hospitality and logistics to strengthen Cambodia’s service sector.
● Agriculture – Advancing agro-processing for domestic consumption and export.
● Manufacturing – Promoting import substitution to boost local production.
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