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Fast-Tracking SME Sustainability Could Accelerate Global Climate . . . The report emphasizes that aligning SME sustainability with business growth is not only possible but essential to limit global warming to 1 5C About the Annual Meeting of the New Champions 2025 The 16th Annual Meeting of the New Champions will take place from 24 to 26 June 2025 in Tianjin, People’s Republic of China, under the theme
Dont underestimate the economic impact of SMEs globally While these figures are exciting, they mask the struggles that SMEs have to overcome They often face stiff competition, increasingly on a global scale, which is partly responsible for their high failure rates; they have limited resources, which means that they can’t always build strong supply chains; and often can’t invest in technologies that could help them save time and money
Small Business, Big Problem: New Report Says 67% of SMEs Worldwide Are . . . Rashimah Rajah, Professor at the National University of Singapore and co-lead author of the report, added: “SMEs and mid-sized companies have unique strengths in their ability to pivot their business models to be more future ready and, by hiring and developing the right talent, they can mobilize positive internal and external change faster than larger companies
3 ways to empower SMEs and create global cyber resilience An SME, just as a large enterprise, needs to be in a state of constant vigilance and readiness to act But how is this possible, given the challenges they face? 3 ways to build collective cyber resilience for SMEs
These charts show which businesses are driving the EU economy New Eurostat data shows that small and medium-sized enterprises (SMEs) make up over 99% of EU companies The insights can help target policies and inform debate at the World Economic Forum Annual Meeting 2024 in Davos
Why priming Africa’s SMEs for growth needs more than money | World . . . Financing is a challenge for SMEs in Africa, but other factors are also critical to SME growth on the continent A healthy and expanding small business segment in Africa increases employment, broadens the tax base, grows national revenue and frees African governments to fund social and economic infrastructure
Why SMEs are key to a more sustainable and inclusive world | World . . . We only have a few years left to alter the trajectory of our GHG emissions, reduce global inequalities, and achieve the substance of the 2030 Agenda for Sustainable Development Individually, the contribution of each SME might be modest, but collectively they could make a whole world of a difference
How digitalization is accelerating the growth of MSMEs in Indonesia Utilizing digitization properly can translate to many new opportunities – MSMEs are no exception Easy access to digitization that is in accordance with the needs and capabilities of institutions, financial products and services or financial inclusion, continues to be encouraged by the government
Japans succession problem: how the country is safeguarding heritage . . . Additionally, the Small and Medium Enterprise Agency estimates that by 2025, approximately half (1 27 million) of SME and small business owners over the age of 70 will have no successor to manage their operations; a third of all Japanese companies If the trend continues, the country could face the loss of around 6 5 million jobs and a decline