Tessie Sy-Coson, vice chairperson of SM Investments Corporation, has often remarked that her father and SM were the original entrepreneur and MSME (micro, small, and medium enterprise) that grew into the conglomerate it is today. As a member of the second generation, she witnessed its growth and transformation. That’s why she has always thrown her full support behind Joey Concepcion’s Go Negosyo advocacy and its annual MSME Summit.

MSMEs in the Philippines are a critical driver of the economy, accounting for 99.6 percent (around 1.24 million in total) of all registered business establishments in the country, according to the Philippine Statistics Authority (PSA). Collectively, these MSMEs generate 6.35 million jobs—roughly 67 percent of total employment—and contribute approximately 40 percent to the Gross Domestic Product (GDP). This is why Go Negosyo and its three M’s—mentorship, money, and market access—are so important in guiding entrepreneurs toward further growth and stability.

Now in its 20th year of empowering Filipino entrepreneurs, the MSME Summit 2025 was held at the SM MOA Music Hall. Despite the inclement weather on the morning of July 19, 2025, there was an impressive turnout. As Go Negosyo founder Joey Concepcion proudly noted, it was a testament to the commitment and perseverance of those in attendance. The Most Inspiring MSME Awards were also handed out, and I particularly appreciated that one was given to Monster Pot, a business specializing in carnivorous plants.

Congratulations to Go Negosyo and to Joey for this milestone—two decades of fostering inclusive growth, supporting enterprise development, and uplifting the lives of Filipino entrepreneurs.