EBN 4: Explore Exciting Opportunities with the Cambodian Entrepreneurial Ecosystem

Entrepreneurial ecosystems
On 28th April 2023, the 4th meeting of the Ecosystem Builder Network (EBN) and the first one of 2023 was held in Phnom Penh and was attended by 30 members of the EBN representing development partners, ecosystem builders, and government agencies. The EBN was launched in 2022 under the Entrepreneurship Ecosystem Building (EEB) initiative of Khmer Enterprises, USAID’s WE Act through Pact Cambodia, and Swisscontact. EBN now is a part of the Enhancing Entrepreneurial Ecosystem and Investments initiative jointly implemented by Khmer Enterprise and Swisscontact.

The 4th meeting of EBN primarily focused on three objectives including a discussion on a roadmap to improve Cambodia's entrepreneurial ecosystem, informing the EBN members on the interest shown by the Global Steering Group (GSG) to establish a National Advisory Board in Cambodia, and lastly, to announce the formation of a Technical Working Group to oversee the development of the roadmap.

The development of a comprehensive roadmap for enhancing Cambodia's entrepreneurial landscape was extensively discussed. EBN members are set to circulate the roadmap concept for additional input, while the working group will finalize the specific timeline, time, and resource commitment. A preliminary outline of proposed activities was presented during the meeting. The members of the Ecosystem Builder Network (EBN) also deliberated on the establishment of a National Advisory Board in the country to bolster support for these initiatives after the development of the roadmap.

The meeting also highlighted the achievements of the previous EBN meetings, including the development of a shared vision and the mapping of supporting organizations. Additionally, the progress of Give a Day 2023, an initiative that encourages experts to donate a day to share their experiences with other ecosystem actors, was elaborated, and the results from CAMESCO 2022 were also shared.

The EBN meeting was successful in providing service as a vital platform, uniting development partners, ecosystem builders, and government agencies in their pursuit of enhanced collaboration and identification of market gaps and opportunities. By holding these meetings quarterly, the goal is to foster meaningful change and contribute to the development of entrepreneurial ecosystems in Cambodia. The next EBN meeting is scheduled for the third quarter of 2023.

Entrepreneurial ecosystems
Enhancing Entrepreneurial Ecosystem and Investments (3Ei)
The overall goal of the 3Ei is for the private sector to actively contribute to the Cambodia's socio-economic development and attaining the goals of the Sustainable Development Goals (SDGs). The achievement of this overall goal will be driven by two outcomes: enhanced coordination, and collaboration within the entrepreneurial ecosystem; and increased business performance and investments in the ecosystem.