The Department of Management and Marketing and the Business Research and Training Centre under the University of Macau (UM) Faculty of Business Administration (FBA) recently co-organised the SME Business Forum 2020. The event aimed to create a platform for owners of small- and medium-sized enterprises (SMEs) in Macao to exchange ideas with faculty members and students and search for business opportunities to cope with challenges during the COVID-19.
Prof Jean Chen, dean of the FBA, gave a welcome remark. According to her, the COVID-19 pandemic has caused havoc on SMEs in Macao. Although the government has launched a number of economic relief measures to help local businesses overcome the problems caused by the pandemic, SME owners still need to actively look for solutions for survival and sustainable development. She adds that the FBA acts as a hub of communication with all stakeholders in Macao’s business community, and has organised various SME forums in line with the faculty’s development plan to provide local SMEs with contingency strategies and development opportunities.
Founders and senior managers of SMEs in Macao were invited to speak at the forum. They include Huang Cheng Bin, founder of Prowell Consulting Limited; Huang Yin, founder of Trendyi Information Technology Limited; and Ramble Chan, project director of CES Ideas Design Company. During the forum, the speakers shared their experience with alumni, faculty, and students and discussed ways to deal with the current crisis and look for future business opportunities.