SANDS PROCUREMENT ACADEMY
Co-organised with the Macao Chamber of Commerce and the Macau Productivity and Technology Centre (CPTTM) in 2017, the Sands Procurement Academy promotes the development of local SME suppliers by sharing business knowledge and skills. It is a first-of-its-kind industry training and targets four categories of local suppliers: small- and medium-sized enterprises (SMEs), micro-enterprises, Macao young entrepreneurs, and "Made-in-Macao" enterprises.
Participating local SME suppliers learn through tailor-made practical training modules, presented by lecturers with diverse areas of expertise. The academy's goal is to help SMEs gain experience and capacity for working with large-scale international corporations like Sands China. Since the founding of the academy, 226 suppliers have graduated from the programme.
The Sands Procurement Academy supports the third pillar of Sands China's F.I.T. programme, which offers Financial Support, Invitational Matching, and Training and Development. F.I.T. targets both existing and new local Sands China suppliers as part of Sands China's Local Small, Medium and Micro Suppliers Support Programme. It seeks to continually increase and strengthen procurement between Sands China and local SME suppliers by enhancing their capabilities.