Sands China Expands Its Initiatives To Drive Innovation and Technology Development in Macao - Seite 2

As part of the engagement, Sands China sponsored PFM's 2023 Macau Youth Innovation and Entrepreneurship Competition, which cultivated entrepreneurial projects related to Macao's development as a smart city and its advancement in MICE tourism and leisure technology.

This new initiative expands Sands China's already substantial series of programs established to offer valuable training support to SMEs. A key program is the Sands Procurement Academy, which welcomed its 13th and 14^th cohort in 2023 and focuses on preparing SMEs to work with large-scale international corporations like Sands China.

The company recognized the program's most recent graduates in a ceremony at The Londoner Macao on January 19, and the event featured the annual Sands China Supplier Excellence Awards, as well as a business networking session to facilitate SME connections with the company's departments and procurement representatives from corporate, Sands China and Marina Bay Sands.

Other key training programs include the Sands Retail Academy, a specialized training program for allied workers at Sands Shoppes Macao's more than 700 retailers and the F.I.T. program, which provides financial assistance, invitational matching to help SMEs access new procurement opportunities, and training and development to build business capabilities.

Cultivating Business Opportunities

In the area of sales development, Sands China's signature program for SMEs and Made-in-Macao businesses is the annual Sands Shopping Carnival, which has become Macao's largest platform for retailers and SMEs to showcase their goods and services. The four-day mass marketplace has welcomed more than 420,000 visitors since its inception in 2020.

In addition, the company introduced the Sands China Local Supplier Open Day in conjunction with the Macao Chamber of Commerce last year. Held at The Venetian Macao, the event welcomed local SMEs to explore procurement opportunities at Sands China resorts as well as sister property Marina Bay Sands in Singapore.

To further support local SMEs in gaining international business, Sands China hosted a Macao business delegation in Singapore to facilitate introductions to sales and trade partners, regional and international media, and local residents and travelers. As a result of the three-day Macao Showcase, several SMEs are pursuing international business opportunities and engagements with Marina Bay Sands.

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