A new policy framework by the Global Entrepreneurship Network and Youth Business International outlines strategic steps to empower and accelerate youth entrepreneurship, focusing on education, policy, and access to resources.
In December, join our flagship regional event to explore strategic regional approaches to support SGBs, impact investing, and innovative financing solutions.
Addressing development challenges requires more than capital. Non-financial support and strategic guidance are essential for SGBs to thrive, creating sustainable, localized growth beyond financial investments.
Are you an ANDE member interested in helping SGBs navigate environmental, social, and governance (ESG) measurement and standards? We are putting out a call for our first working group on this topic!
On this Spark Talk, TrustLaw's Emmanuele Marie Parra presents a vital resource for nonprofits: free legal expertise that enhances their operations and amplifies their social missions.
The McKinsey Global Institute aggregated a richly granular data set of micro-, small-, and medium-size enterprises (MSMEs) and large companies across 12 broad sectors, 68 level-two subsectors, and more than 200 level-three subsectors for 16 countries that account for more than half of global GDP.
In these countries, MSMEs on average have only half the productivity of large companies, and less than that in emerging economies. Raising MSMEs to top-quartile levels relative to large companies represents value equivalent to 5 percent of GDP in advanced economies and 10 percent in emerging economies.
Micro-, small, and medium-size enterprises (MSMEs) are crucial to economies, accounting for two-thirds of business employment in advanced economies and nearly four-fifths in emerging ones. They contribute half of all economic value added and play a key role in preserving competitiveness in globalized economies. However, MSMEs' productivity is only half that of large companies, with a more significant gap in emerging markets. Closing this gap could add 5% to GDP in advanced economies and 10% in emerging ones. Strategies to boost MSME productivity require tailored approaches to specific subsectors and countries. Collaboration between MSMEs and large companies is a win-win strategy that often leads to mutual productivity gains, as seen in sectors like automotive and software development. All stakeholders must develop targeted strategies, enhancing infrastructure, policies, and networks to support both MSMEs and large enterprises.
On Wednesday the 12th, sessions delved into how fueling progress through collaboration and innovation is critical for issues such as nutrition, gender empowerment, and systemic change.
Momentous Announcement from the 2024 Global Conference: Next year's global convening will be held in Mexico, marking the third consecutive year in the Global South.
The Global Conference showcased inspiring stories of impact, from sustainable construction to refugee empowerment. The focus was on collaboration, data-driven solutions, and unlocking capital for entrepreneurs tackling global challenges.