"Empowering MSMEs: Celebrating the Impact of Small Businesses in 2023"

1 min read
Source: UN Web TV
"Empowering MSMEs: Celebrating the Impact of Small Businesses in 2023"
Photo: UN Web TV
TL;DR Summary

The global working environment for micro, small, and medium-sized enterprises (MSMEs) has been disrupted by multiple shocks and crises, making them vulnerable to inflation and supply chain disruptions. Women and youth-owned enterprises face additional challenges due to limited access to finance, capacity-building support, and global markets. Policies that support MSME development and entrepreneurship for women and youth are crucial to address these challenges and contribute to the achievement of Sustainable Development Goals. This MSME Day will also focus on supporting resilient supply chains to ensure economic viability and sustainability.

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