The entrepreneurial spirit and businesses of all sizes are the lifeblood of any thriving economy. They are the primary drivers of job creation and economic growth, fostering innovation, productivity, and competitiveness.
As highlighted by the World Bank, small and medium-sized enterprises (SMEs) play a disproportionately significant role in this regard, accounting for over 90% of businesses globally and generating approximately 70% of employment opportunities.
By starting and growing your businesses, entrepreneurs not only create jobs but also stimulate economic activity, contribute to GDP growth, and develop innovative solutions to pressing challenges.
In turn, this drives economic prosperity, improves living standards, and enhances the overall quality of life.
As such, it is essential to support and empower businesses and entrepreneurs, providing them with the necessary resources, infrastructure, and policy frameworks to thrive and succeed. By doing so, we can unlock their full potential and create a more vibrant, inclusive, and sustainable economy for all.
