BUSINESSMED's next cycle of actions positions entrepreneurship and investment at the core of its development strategy. The achievement of this mission is notably reflected in the setting up of a special platform aimed at assisting and boosting regional economic activity and creating strategic and sustainable networks.

For SMEs to be the engines of inclusive growth, a re-thinking of SME development strategies that puts digitalization at the center of reforms is needed.

Digital innovations can help unlock funding for SMEs, improve government efficiencies and integrate women in the labor force.  

But more critical, digital technologies are rapidly transforming consumer expectations, thus SMEs need to adapt to remain competitive in the digital economy.

Efficiency and productivity enabled by digital technologies can help the private sector and particularly SMEs to accelerate the migration from microenterprises to larger firms that are more resilient and competitive with greater scope to create employment trough network effects.

Moreover, for SMEs, the economic impact of the Covid-19 has been particularly heavy. It has hindered their competitiveness and business continuity. Therefore, in today's turbulent times, it is absolutely vital to strengthen the resilience of SMEs through the development of digital skills and the digitalisation of services.