Micro-, small and medium-sized enterprises are key sources of jobs, income, and local growth—especially for women, young people, and vulnerable groups. Their size and flexibility help build strong, fair, and sustainable communities.

However, many of these businesses face serious challenges. They often struggle to get loans, deal with poor infrastructure, and work under tough conditions. Many operate informally, which limits their access to funding, legal rights, and government support.

Today’s global challenges—like political tensions, climate change, and digital shifts—make it even harder for them to survive. Supply chain issues, higher costs, and uncertain markets have left many at risk. A huge global funding gap remains, despite clear opportunities to grow.

To help these businesses succeed, better policies and more accessible funding are crucial. Support for skills training, innovation, and fairer rules can also make a big difference. Since many operate outside the formal system, making it easier to register, access benefits, and follow labor laws will help create better jobs and stronger economies.