TO drive success in the Philippine digital economy, Alibaba Business School (ABS) has launched its first-ever Alibaba Netpreneur Training Program in the country with support from QBO Innovation Hub, the pioneering public-private partnership platform for local start-ups and regional venture capital firm Gobi Partners via its Gobi-Core Philippine Fund (Core Capital).
This newest endeavor of Alibaba Group’s education arm aims to equip entrepreneurs and business leaders with tangible and actionable steps to advance in the digital economy, based on the conglomerate’s entrepreneurship journey. Applications for this program are now open until June 20.
“The acceleration of the digital economy as a result of the global pandemic is creating huge opportunities that may not be immediately recognizable. We are keen to demonstrate to SMEs [small and medium enterprises] and entrepreneurs how they can make full use of our digital ecosystem learnings and insights to spot and win these opportunities, and to transform their businesses for long-term success in the digital economy,” said Zhang Yu, partner and vice president of Alibaba Group.
Such learning initiative uses online and offline training modules. The online program will be held via a series of virtual seminars from July 21 to September 1, providing first-hand exposure to e-commerce and digital innovations, access to business leaders across Alibaba and China, as well as a chance to connect with like-minded leading entrepreneurs in the participants’ own region, through exercises, interactive lectures and lively discussions.
Over the six-week period, the sessions will touch on China’s digital economic transformation, Alibaba’s key learnings from being a fledging start-up into a full digital ecosystem, as well as practical advice to help businesses digitally transform their own operations and embrace global business opportunities. ABS will also host optional webinars during the program focusing on industry trends and insights.
“The Philippines’ digital economy has been experiencing massive growth. Especially with pandemic, digital transformation has become even more critical to the country’s economic resilience, recovery and advancement. Small businesses and especially innovative start-ups play a key role and need our support. We’re thrilled to partner with Alibaba Business School in launching the Alibaba Netpreneur Training Program. This initiative will empower local entrepreneurial talent and build a more dynamic start-up scene,” said Katrina Rausa Chan, executive director of QBO Innovation Hub.
“Access and exposure to operational best practices is vital for Filipino entrepreneurs to be competitive in a digital future. More importantly, I believe the real value of this program lies in how it highlights the role of leadership and vision in growing companies and communities. Together with our partners, I’d like to invite all Filipino founders and business owners to take this opportunity and apply for this program now,” added Core Capital managing partner Ken Ngo.
Online participants will acquire knowledge on the development of the digital economy in China; fundamentals of the role of new technology and digital economy in enabling national development; key insights into the evolution of Alibaba’s ecosystem, including learnings and best practices through sharing sessions from its senior leaders; insights into the most cutting-edge trends and practices in use within the growing digital economy in China; and a deeper understanding of business frameworks and strategic patterns, and ways to create an environment to strengthen participants’ capacity to drive innovation and achieve greater results.
Based on the online participation’s results and the assignments/project completions, outstanding performers will also be eligible to participate in offline immersion programs at Alibaba’s headquarters in Hangzhou once travel restrictions are lifted.
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