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)

More: https://oecdcogito.blog/2023/03/15/delay-now-pay-later-why-smes-must-not-put-off-investing-in-innovation-and-greening/

Related Post

thumbnail
hover

Small business, big impact: the transformative...

Small businesses are the hearts and souls of communities. Your local barber and corner stores offer more than just transactional interaction...

thumbnail
hover

2024 SME Assembly – Europe’s flagship...

‘SMEs: Shaping Europe’s Future‘ is the tagline of this year’s SME Assembly, which took place in Budapest, Hungary, f...

thumbnail
hover

COP29 can ensure SMEs thrive in...

The transition to a just, resilient, net-zero future is not possible without small and medium-sized businesses, known as SMEs. They are the ...

CLOSE
CLOSE