Grab, Mastercard fuse resources for small firms
It aims to enable small businesses to reach their full potential by supporting them to digitalize their operations
Daily TribuneIt aims to enable small businesses to reach their full potential by supporting them to digitalize their operations
Technology frontliners Mastercard and Grab have collaborated for the "Small Business, Big Dreams" regional program to digitally upskill gig economy workers and small businesses in Indonesia, the Philippines and Vietnam.
The project is part of Strive Community, a global philanthropic initiative developed by the Mastercard Center for Inclusive Growth and Caribou Digital. Strive Community aims to support the resilience and growth of five million small businesses around the world.
The "Small Business, Big Dreams" regional program includes the launch of two online business courses for Grab's driver and delivery-partners aspiring to start new businesses, and small business owners seeking to grow in a competitive digital economy.
It aims to enable small businesses to reach their full potential by supporting them to digitalize their operations, unlock their access to financial services and more effectively participate in the digital economy.
Opportunities open
"Many Southeast Asians working in the informal sector aspire for more, but the reality is that a lot of them do not have the means or the opportunity to access quality training programs. Through our partnership with the Mastercard Center for Inclusive Growth, we hope to give gig workers and small businesses a boost to get started," Cheryl Goh, Group Head of Marketing and Sustainability, Grab said.
Our "Small Business, Big Dreams" program will equip them with business knowledge and practical skills through a structured learning journey tailored to their needs and interest areas, Goh added.
"The digital economy offers a range of possibilities and opportunities that can help businesses of all sizes be more resilient and grow. Mastercard is delighted to work with Grab on this initiative that will boost digital capacity and inclusion of aspiring entrepreneurs and small businesses post-pandemic," Payal Dalal, Senior Vice President of Social Impact, International Markets, Mastercard Center for Inclusive Growth, said.
