Friday, February 25, 2005

FGD on SMITE Financing

SBGFC, DTI and the CICT will be conducting a Focus Group Discussion on Financing for Small and Medium IT Enterprises or SMITEs. This FGD will be hosted by SBGFC (Small Business Guarantee and Finance Corporation), an agency of DTI.

Date: March 11, 2005 (Friday)
Time: 10:00am to 4:00pm
Venue: SBGFC Board Room, 18th Floor, 139 Corporate Center, 139 Valero St., Makati City

Topics to be covered will include:
  • what are difficulties faced in obtaining financing for expansion purposes?
  • what are the typical uses of loan proceeds?
  • what do financing institutions need to know about financing for SMITEs?
SMITEs includes: software application developers, contact centers, medical transcription companies, animation houses, and other small/medium ICT-enabled services providers.

Only limited slots are available, so if you are interested to attend, please click on "comments" below and leave the following information:
  • name of your company,
  • website of your company (URL), and
  • "safe" email address e.g. dondi sa gmail dot com.
We will notify you by email, on or before March 7, if your registration is confirmed. Thank you.


At Thu Feb 24, 04:53:00 PM, Blogger ricky said...

Systems Generators Philippines, Inc.,, fcgumaru sa sysgen dot com dot ph

At Thu Feb 24, 09:38:00 PM, Anonymous Anonymous said...

One big problem with SME's as far as software developers are concerned - SME's want all their accounting functions computerized, but they are not willing to pay the price. They think that after paying for the cost of the software, everything else comes free - installation, migration, user training, debugging and technical services. I used to own a small software company and market a canned accounting software which my company developed for the SME's, but I closed the business and joined a private firm. My customers were just unwilling to pay for "services" and after covering the salaries of my programmers I am left with nothing for myself. When I started to accumulate debts, I gave up.

At Thu Feb 24, 10:40:00 PM, Anonymous Anonymous said...

Barrer, Maria Gladys E. Barrer

gladys.barrer sa gmail dot com

At Fri Feb 25, 12:24:00 AM, Anonymous Anonymous said...

Tinio, Eloisa P.
Philippine Computer Society (PCS)
Philippine Society of IT Educators (PSITE) Foundation, Inc.
Philippine eLearning Society (PeLS)
Technical Vocational School Administrators' Association (TEVSAA)
ICT Industry Working Group (IWG)

At Fri Feb 25, 01:03:00 AM, Blogger Boogie Boydon said...

Hi Dondi,

Boogie here, not sure if you remember me. I'm a friend of Paul Ambas and I was the chair of the eBusiness conference at Ateneo Rockwell and you were our plenary speaker then...

Am interested to attend this FGD, I hope there are still slots available...


Boogie Boydon
Independent ICT Consultant

Ateneo IT Institute
University of Asia and the Pacific
University of the East
University of San Jose - Recoletos

Philippine Society of IT Educators Multi-purpose Cooperative

At Fri Feb 25, 12:34:00 PM, Anonymous Ernie Imperial said...

Ernie G. Imperial
Datapax (Phils.), Inc.
ernie sa datapax dot com or
egimperial sa gmail dot com

Hi Dondi, long time no see. Hope I can avail of a slot.

best regards,


At Fri Feb 25, 01:09:00 PM, Anonymous Anonymous said...

hector ocampo

camphector sa gmail dot com

At Fri Feb 25, 06:33:00 PM, Anonymous Anonymous said...

Hi, Dondi!

Joel Galgana
BayangPinoy Organization, Inc.

Hoping a slot is still available for us.

bayangpinoy sa gmail dot com

At Fri Feb 25, 09:53:00 PM, Blogger ludet said...

NAVEL Productions

At Fri Feb 25, 10:15:00 PM, Anonymous Jan Pabellon said...

Ecommsite Solutions

jpabellon sa

At Sat Feb 26, 12:10:00 AM, Blogger Maan said...


I sent my comments to you privately :)


At Sat Feb 26, 09:41:00 AM, Blogger Ave Ramel said...

Comapany: Aredconsult
URL Address:

At Sat Feb 26, 11:22:00 PM, Anonymous Anonymous said...

Mark Hipolito
iOptiSys, Inc.
markhipolito sa ioptisys dot com

At Sun Feb 27, 07:31:00 PM, Blogger Jerome said...

Company: Intel Microelectronics Phils, Inc.

At Mon Feb 28, 02:03:00 AM, Anonymous Anonymous said...

Hi Dondi,

3 years ago, I applied for an SBG loan for opening a branch office in manila and market my more affordable ERP_type software to various vertical markets there. I went through the feasibility documentation and other detailed requirement process for over a year, eliminating each requirement along the way and on the last minute, just when i felt high on the brink of my last hurdle - a new set of formal requirements were presented to me. Right at that moment, my hopeful spirit died in me, and I somehow managed to contain myself and just walked out of the SBG office swearing silently never again.

My only consolation now is whenever sulong is mentioned in any meeting or forum...I am able to gather laughter when I say that the program is now called "ATRAS". Not because I'm bitter but simply because I have learned to accept the bad that goes with the good in this only country of ours.

All I can say is that agency needs a major shot in the arm or a major reengineering rework. Good luck to them.

Please spare me from being part of this focused group...just want to share with you my first hand experience.

Best regards,

Mike Jurado

At Mon Feb 28, 11:11:00 AM, Anonymous Dennis Posadas said...

Checkout my new book ( coming out around May 2005 first in the U.S. then eventually here.

It discusses the nature of tech financing, and explains why equity is a better choice than loans.

It also gives a brief history of why the NASDAQ was started in the U.S.

At Mon Feb 28, 01:52:00 PM, Anonymous Anonymous said...

Gladys T. Santos
National Economic and Development Authority

At Mon Feb 28, 06:41:00 PM, Anonymous Peter I. Galace said...

Please do include me in the workshop. I have my own small IT business
engaged in designing magazines published abroad. I also do research work
and maintain a website on the satelite industry ( and

At Mon Feb 28, 11:44:00 PM, Anonymous Anonymous said...

Hi Dondi,

I did try to inquire with DTI/SB's SULONG some years ago, only to find out that their requirements somehow not applicable to startups like ours.

Anyway, I'm interested to attend this SMITEs discussion if will be given a slot.


Melvin Ferrer
Convergex Asia

At Tue Mar 01, 12:14:00 PM, Anonymous Anonymous said...

Hi Dondi,
I am very much interested in attending the discussion as we are into financial services. Hopefully with the discussion we would know how we can extend to support to SME's especially IT related companies.


Ramille I. Guiang
Multinational Investment Bancorporation
rguiang sa mib dot com dot ph

At Tue Mar 01, 02:11:00 PM, Blogger Mike Abundo said...

Hi Dondi,

I'd love to see what this forum has in store for technopreneurs. I'm currently connected with stag Philippines ( My email address is mikeabundo sa gmail dot com.

Hope to hear and contribute ideas. :)


At Tue Mar 01, 04:24:00 PM, Anonymous Anonymous said...

Would like to attend...

UP-Ayala Techno Park

At Wed Mar 02, 10:04:00 AM, Blogger Jared said...

Company Name: DynamicBeans Software Development
URL: Under Construction(Customers and Profits are better than dotCom name)
Email: jared dot odulio sa gmail dot com

At Wed Mar 02, 10:41:00 AM, Anonymous Anonymous said...

interested to attend if slot still available.

At Thu Mar 03, 01:35:00 PM, Anonymous jowee m. reyes said...

company : pointwest technologies corporation

msg ; interested n joining march 11 seminar

who : jowee m. reyes
carmen p sucgang

At Fri Mar 04, 02:30:00 PM, Anonymous Anonymous said...

Aileen Velasco

At Fri Mar 04, 06:14:00 PM, Anonymous Anonymous said...

name of your company: Pilipinas Data Contracts Corporation (PDCC)website of your company (URL):, and
email address:

At Sat Mar 05, 09:18:00 AM, Anonymous Anonymous said...

Do you stil have slots? I'm Benjie Santos of the Philippine National Police. I have my own company, CAJ Information Solutions. I'm interested to attend the seminar. Please inform me thru Thanks

At Sat Mar 05, 01:51:00 PM, Anonymous Anonymous said...

Hi I would like to attend the Focus Group Discussion. Thanks!

BCM Consulting
butch.maceda at

At Thu Mar 17, 09:39:00 PM, Blogger Mike Abundo said...

Congratulations on a productive focus group discussion, Dondi. Let's hope the direction set at that meeting will bring Filipino SMITEs together to compete in the global market. :)

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