Economic development through promotion of SMEs

Many economies have lagged behind in the promotion of SMEs and have missed the benefits they bring in a nation. Rather, nations have been supporting large scale projects and large companies, which is a good policy but not enough for maximum development of the nation.

promoting SMEs to accelerate growth

 According to financial Gazette, to develop well there are five ingredients for success which include, exploring sector specific knowledge, efficient processing of products that at standard and legal, unique product structures, integrated technical assistance (Entrepreneurs required to work with mentors in their ventures and should aim to improve value-added and profitability) and alignment of interests.

SMEs play a key role in transition and developing the country. This firm typically accounts for more than 90% of all firms out side the agriculture sector constitute a major source of employment and generate significant and export earning. As much , SMEs development emerge as a key instrument in poverty reduction efforts.

SNV is dedicated to a society where all people enjoy the freedom to pursue their own sustainable development. Our advisors contribute to this by strengthening the capacity of local organizations.

Swiss-connect to promote SMEs

SNV is committed to catalysing impact through the promotion and improvement of income-generation, employment and production(through competitive, value-added market chains)for low income communities and increasing the access and sustainability of basic services with a
particular concentration in health, education, water and sanitation and renewable energy for these
undeserved communities.