SMEs to invest in INNOVATION and GREENING
In the last three years, small and medium-sized enterprises (SMEs) and entrepreneurs have been bounced from crisis to crisis. They had barely begun a fragile recovery from the COVID-19 pandemic in 2021 when Russia’s war in Ukraine sent a new shockwave rippling around the globe. High inflation, skyrocketing energy prices, rising interest rates and supply chain disruptions are now falling hard on SMEs, setting them up for a challenging year.
To meet their latest set of challenges, SMEs need to accelerate investment, not delay it. Working together, governments, financial institutions and businesses can overcome the short-term obstacles and keep finance flowing to ensure a more sustainable and more resilient tomorrow.
(photo from the web)
Related Post
EU Single Market Report Flags Persistent...
The European Commission has published its sixth Annual Single Market and Competitiveness Report, drawing on 29 key performance indicators to...
South African SMEs: Navigating the Path...
The State of South African Small Business 2025 report highlights that SMEs are increasingly the backbone of the national economy, with 83% r...
Energy Prices and Their Impact on...
The structural disparity in electricity costs when compared to the European average is a growing concern for micro and small businesses thro...
