Give a Day Battambang 1: The Inaugural Give a Day in Battambang Co-organized with Phum Impact in Strengthening Inclusive Entrepreneurial Ecosystem.

Entrepreneurial ecosystems
10.07.2024
The inaugural Give a Day event in Battambang was successfully held on June 27, 2024, marking a significant milestone in Cambodia's entrepreneurial landscape. Co-organized by Give a Day and Phum Impact Battambang, the event aimed to foster collaboration, address common challenges, and cultivate a supportive ecosystem for entrepreneurs in the provinces. 

Expanding on the success of Give a Day gatherings in Phnom Penh, the initiative ventured into Siem Reap in 2023, co-hosting with the Young Entrepreneurs Association of Cambodia (YEAC) Siem Reap and into Battambang in 2024, co-hosting with Phum Impact. The latest installment in Battambang showcased the growing importance of collaboration and support structures outside the capital to promote an inclusive entrepreneurial ecosystem.

The event in Battambang was driven by a set of clear objectives, reflecting the community's aspirations and support needed for entrepreneurial growth. These included acknowledging the shared challenges faced by entrepreneurs, enhancing collaboration among entrepreneurial support organizations (ESOs), nurturing a community conducive to mentorship and peer interaction, and establishing a robust network of ecosystem actors for future collaboration. 

"Give a Day helped provide a platform for ESOs and Entrepreneurs in Battambang to meet and discuss their concerns as a community. This also helps existing actors understand what needs to be improved in this province."
Said Ms. Pheakdey Tous, Co-founder and Head of Program, Phum Impact Battambang.

The breakout discussion and peer-sharing session addressed building a supportive entrepreneurial ecosystem and the specific needs of Battambang entrepreneurs. Participants highlighted challenges like lacking digital marketing skills and market access, financial management, motivation, and business knowledge, along with high competition and logistical issues, and meeting product standards and quality requirements. 

"By joining Give a Day in Battambang, I gained a better understanding of the problems entrepreneurs face. I found that my business and their businesses have some similar issues. I can share my thoughts and get feedback on what to do next for the entrepreneurs my organization supports, helping them grow. I also received feedback on my programs as well."
Said Ms. Phoeurngthao Kong, Program Officer of Banteay Srei Battambang.

The suggested solutions included providing training to entrepreneurs to enhance their digital literacy, offering more business training, supplying technical knowledge to improve product standards, and creating additional market opportunities.

"Give a Day gave me the opportunity to connect with other women-led entrepreneurs who face the same challenges as I do, allowing me to share my thoughts and receive feedback on my next steps."
Said Ms. Chhavorn Kim, Owner of Kirivorn.

To strengthen the entrepreneurial ecosystem, stakeholders recommend hosting sector-specific events to identify and address specific issues and challenges tailored to the unique need of each industry. Participants emphasized essential elements for bolstering the entrepreneurial ecosystem in Battambang.

With 26 attendees actively contributing to discussions and forging connections, the inaugural Give a Day in Battambang set a promising precedent for future collaborations and initiatives aimed at empowering provincial entrepreneurs.

Give a Day is funded by Khmer Enterprise (KE), Swiss Agency for Development and Cooperation (SDC), and the Korean International Cooperation Agency (KOICA) 

Cambodia
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.