msmeday

[msmeday]

Bridging the Financing Gap: Unleashing the Potential of Small and Medium-Sized Enterprises (SMEs).

Under this session, two panels will be convened to discuss how to increase SMEs' access to finance in order to unlock their full potential. Panelists include regulators, industry associations, financiers, multinationals, SMEs and technology platform representatives. The objective of the session is to highlight proposed actions that can be taken to unlock the potential of SMEs and strengthen their ability to contribute to the implementation of the SDGs. 

Lead Facilitators:

UNCTAD

International Trade Centre (ITC)

Small and medium-sized enterprises (SMEs) make a significant contribution to global trade flows and economic value within countries. SMEs account for over 90 per cent of all business worldwide and are responsible for more than two-thirds of jobs created, including for vulnerable groups such as women and youth. They are the SDG drivers on the ground as they deal with local and regional challenges and are key in promoting innovation and contributing to the greening of industries and the energy transition. Yet access to affordable and timely financing and participation in value chains at global, regional, and domestic level remain a key challenge, hampering their economic and social contribution.  

The outcome of the discussions will be fed into major international events and the Report of the UN Secretary-General on Entrepreneurship for Sustainable Development.

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To maximize the SDG Summit's impact, the Secretary General is convening an SDG Action Weekend, which will generate opportunities for stakeholders, United Nations entities, and Member States to convene inside the United Nations Headquarters and set out specific commitments and contributions to drive SDG transformation between now and 2030.

The SDG Action Weekend will consist of the SDG Mobilization Day on Saturday, 16 September, and the SDG Acceleration Day on Sunday, 17 September at UNHQ in New York.

The SDG Mobilization Day (16 September) will create an opportunity for stakeholders from all sectors to convene inside the United Nations Headquarters and mobilize towards an ambitious SDG Summit and UN General Assembly High-Level Week.

The SDG Acceleration Day (17 September) will be centred around the UN High-Impact Initiatives

The SDG Summit on 18-19 September will mark the mid point of the SDGs. It must secure the breakthroughs and momentum needed to change course and achieve the SDGs by 2030. To maximize the Summit's impact, the Secretary General is convening an SDG Action Weekend, which will generate opportunities for stakeholders, UN entities, and Member States to convene inside the United Nations Headquarters and set out specific commitments and contributions to drive SDG transformation between now and 2030.

#regulators #industry associations #financiers #multinationals #SMEs #UNCTAD #International Trade Centre (ITC) #Small and medium-sized enterprises (SMEs) #economic value #Trade flows #sdg8 #stakeholders #United Nations entities #SDG action #Side event #finance #sustainable development goals

[msmeday]

2023 SDG Global Business Forum (HLPF 2023 Special Event).

On the theme of "Turbocharging the 2030 Agenda with Business Impact"

This year's 2023 SDG Global Business Forum, taking place alongside important policy debates at the ministerial segment of the 2023 United Nations High-Level Political Forum on Sustainable Development (HLPF), will welcome a global community of movers and shakers, problem solvers and innovators to debate these questions, discuss priorities, build alliances and co-create high-impact business solutions to turbocharge the SDGs in the remaining seven years before 2030.

#United Nations High-Level Political Forum on Sustainable Development #Global Business Forum #Global Goals #problem solvers #innovators #movers and shakers community #Sustainable Development Goals

[msmeday]

A platform for small business owners to tell their stories of entrepreneurship and its challenges.

The events provide a platform for small business owners to tell their stories of entrepreneurship and its challenges, while governments, international organizations and business support organizations show their commitment to support.

MSMEs account for over 90% of all businesses and over 50% of jobs worldwide. They are a critical force in realizing the Sustainable Development Goals (SDGs). They promote innovation, creativity and decent work for all.

#msmeday #panel discussion #agenda 2030 #27 june #msmes #international Trade centre

[msmeday]

Policies that strengthen capacities and support MSMEs development and entrepreneurship for women and youth need to be at the forefront.

MSMEs and self-employed workers serve a core function in the development of economies. Globally, they represent about 90 percent of all businesses and account for over two-thirds of employment. If adequately supported, they can effectively contribute to the structural transformation of economies and drive inclusive, sustained, and equitable economic growth and jobs. 

​

However, multiple simultaneous shocks and crises have disturbed the global working environment for entrepreneurs and MSMEs. In addition, conflicts, commodity dependence, geopolitical tensions, and pandemics drive social and economic instability, making MSMEs extremely vulnerable to rising inflation and supply chain disruptions. 

​

Among the most vulnerable, women- and youth-owned enterprises are often at risk of external shocks. This is when the percentage and overall number of business formations by women and youth are increasing worldwide. However, facing limited access to affordable finance, capacity-building support, partnership networks, and global markets, women and young entrepreneurs need help to overcome the numerous challenges that frequently stifle the growth of their businesses, confining many of them to informality or necessity entrepreneurship. 

​

Policies that strengthen capacities and support MSMEs development and entrepreneurship for women and youth need to be at the forefront to address those challenges, lower and remove barriers, and provide an operating environment for women- and youth-owned businesses to grow, thus contributing to the full achievement of SDGs 1, 4, 5, 8, 9, 10 and the “leave no one behind” promise of the 2030 Agenda for Sustainable Development and its Sustainable Development Goals (SDGs). 

​

This MSMEs day will also focus on supporting resilient supply chains to ensure workers and the environment benefit. Supply chains are a critical component of global trade and commerce, and conflicts, disasters, and pandemics can quickly impact their functioning, increasing costs and making transactions more difficult. 

​

In addition, competition and concentration of critical operations in international supply chains can pressure suppliers who are pushed to cut costs to stay in business. Poor working conditions, lack of workers’ representation, unfair wages, unsafe working environments, and reduced attention to environmentally-sound practices generate adverse outcomes. A human-centered approach is needed to help improve these conditions. 

​

Practices that result in environmental degradation and compromise working conditions will ultimately affect MSMEs and the communities they serve. Therefore, policymakers and businesses must join forces to ensure economically viable, socially, and environmentally sustainable supply chains. 

Micro-Small and Medium sized Enterprises Day 2023

#plenary sessions #MSMEsDay #GalvanizingMSMEs #resilientsupplychains #conferences #smallbusiness #Microenterprises #Smallenterprises #mediumsizedenterprises #agenda 2030 #msmes #27 june #panel discussion

[msmeday]

Plenary 1: Global Ecosystem to Support MSMEs.

MSME's Day 2023 - Plenary sessions.

Organized by: UNIDO | Live Moderation: UNIDO

10:40 A.M. – 11:25 A.M.

​Moderator: Mr. Ralf Bredel, Director and Representative to the United Nations, UNIDO

Speakers:

H.E. Sithembiso Nyoni, Minister of Women Affairs, Community and Small and Medium Enterprise Development, Zimbabwe

Mr. Racine Sarr, Founder at Shopmeaway,

Mr. Jo Kyoo-il, Mayor, Jinju City, Republic of Korea

Ms. Anne Chappaz, Chief, Institutions and Ecosystems, International Trade Centre

Mr. Joel Nelson, Cargill, Global Leader, External Innovation

Ms. Ibtihel Ben Hadj Mbare, General Manager and Founder of Herbalya

#United Nations Industrial Development Organization #UNIDO #plenary sessions #International Trade Centre #MSMEsDay #GalvanizingMSMEs #resilientsupplychains #conferences #smallbusiness #Microenterprises #Smallenterprises #mediumsizedenterprises

[msmeday]

Plenary 2: Women – Challenges & Opportunities.

MSMEs Day 2023 - Plenary Sessions.

11:25 A.M. – 12:10 P.M.

​Moderator: Mr. Amson Sibanda, Chief, National Strategies and Capacity Building Branch, Division for Sustainable Development Goals, DESA and Ms. Virginia Rose Losada WED Global Coordinator, SME Unit, ILO

Speakers: 

Ms. Lisa Skeete Tatum, Founder and CEO of Landit

Ms. Obianuju Uzo-Ojinnaka, Founder at Traders of Africa

Mr. Sandeep Chachra, CEO of ActionAid India

Mrs. Claudia Mazari Torres, Mayor of Puente de Ixtla, Mexico

Ms. Franziska Giffey, Former Governing Mayor of Berlin

Ms. Suyesha Sthapit, Executive Director; Federation of Woman Entrepreneurs' Associations of Nepal (FWEAN)

Ms. Christine Virtucio, CEO & Founder of Virtucio Designs

#United Nations department of Economic and Social Affairs #MSMEsDay #GalvanizingMSMEs #resilientsupplychains #conferences #smallbusiness #Microenterprises #Smallenterprises #mediumsizedenterprises #Plenary sessions #Innovations #Women entrepreneurship #youthentrepreneuship

[msmeday]

Plenary 3: Role of Youth in Supporting MSMEs Achieve the SDGS | (Youth Representatives).

MSMEs Day 2023 Plenary sessions.

12:10 P.M. – 12:55 P.M.

​Moderator: Mr. Skye Blanks, ICSB COO

​Speakers:

 ITC Pre-Recorded Ecopreneur Video

Mr. Muhammad Sarim Raza, Co-founder at Mawesh E- Mandi

Ms. Francesca Milocco (Project Coordinator of NanoValbruna, Board member of ReGeneration Hub Friuli)

Mr. Stefano Cercelletta (Contest Coordinator of NanoValbruna, Board member of ReGeneration Hub Friuli)

Mrs. Laura Segura, Manager of Innovation and Services of the ArgentineIndustrial Union

#MSMEsDay #GalvanizingMSMEs #resilientsupplychains #conferences #smallbusiness #Microenterprises #Smallenterprises #mediumsizedenterprises #Plenary sessions #Innovations

[msmeday]

Plenary 4: Supply Chain Issues and Impact on UN SDGS and MSMEs Day.

MSMEs Day 2023 - Plenary sessions

2:00 P.M. – 2:40 P.M.

Moderator: Mr. Winslow Sargeant, Chair ICSB

Speakers: 

ITC Pre-Recorded Ecopreneur Video

Mr. Muhammad Sarim Raza, Co-founder at Mawesh E- Mandi

Ms. Francesca Milocco (Project Coordinator of NanoValbruna, Board member of ReGeneration Hub Friuli)

Mr. Stefano Cercelletta (Contest Coordinator of NanoValbruna, Board member of ReGeneration Hub Friuli)

Mrs. Laura Segura, Manager of Innovation and Services of the Argentine Industrial Union

#MSMEsDay #GalvanizingMSMEs #resilientsupplychains #conferences #smallbusiness #Microenterprises #Smallenterprises #mediumsizedenterprises #Plenary sessions #Innovations

[msmeday]

Plenary 5: The Voices of Innovation for MSMES – Global Perspectives.

MSMEs DAY 2023: Plenary sessions.

2:40 P.M. – 4:00 P.M.

​Moderator: Ms. Analia Pastran, ICSB Director and Co-Chair of the World Urban Campaign of UN-Habitat.

Speakers: 

H.E. Gloria Guevara, Senior Advisor, Ministry of Tourism of SaudiArabia, Sustainable Tourism Global Center (STGC)

H.E. Orkhan Mammadov (Chairman of the Management Board), The Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan

Ms. Vanessa Perry, The George Washington University School ofBusiness Vice Dean for Strategy

Mr. Kichan Kim, Founder of Humane Entrepreneurship, Professor, Catholic University, S. Korea

Mr. Stefano Bonini, Associate Professor of Finance. StevensInstitute of Technology

Ms. Unatha Lutshaba, South African Cultural Observatory-Executive Director

Ms. Chrystele Sanon, Qwampus Founder, Coach & Teacher

#MSMEsDay #GalvanizingMSMEs #resilientsupplychains #conferences #smallbusiness #Microenterprises #Smallenterprises #mediumsizedenterprises #Plenary sessions #Innovations

[msmeday]

Plenary 6: Emerging Topics in MSMEs: The Future Ahead.

MSMEs Day 2023 - Plenary sessions

4:00 P.M. – 5:15 P.M.

​Moderator: Winslow Sargeant, Chair ICSB

Speakers:

Mr. Tomas Canosa, Undersecretary of MSME of Argentina

Mr. Hartmut-Heinrich Meyer Professor of Business Administration and Entrepreneurship at FOM, Germany

Ms. Vicki Stylianou, Group Executive, Advocacy & Policy - Australia

Mr. Jeff Alves, Editor-in-Chief, Journal of the International Council for Small Business

Mr. Paolo Licata, President BoD & CEO of CO2NVERT

Ms. Martina Tomasetig, HR Manager & Co-founder of CO2NVERT(start-up winner of BAITE Innovation Award)

Ms. Valentina Larini, technology developer of PeroGreen

Mr. Enrico Montanaro, Co-founder & CEO of Agreen Biosolutions (start-up winner of BAITE Innovation Award)

Mr. Gerhard Andrey, Member of the National Council of Switzerland

Rico J. Baldegger, Director and Professor, School of ManagementFribourg

Mr. Christian Meisel, Professor, Hochschule Magdeburg-Stendal University

Mr. Christoph Winkler, Professor & founding program director of the Hynes Institute for Entrepreneurship & Innovation,Iona University

Mr. Kyle Lyon, Data Scientist, AI and the Future of MSMEs

Ms. Jennifer Kirkland, Entrepreneur, Better Access to Healthcarefor MSMEs

#MSMEsDay #GalvanizingMSMEs #resilientsupplychains #conferences #smallbusiness #Microenterprises #Smallenterprises #mediumsizedenterprises #plenary sessions

[msmeday]

Opening Statements "Unlocking the Potential of Micro-, Small, & Medium Enterprises.

MSMEs DAY 2023 - Schedules.

10 A.M. – 10:40 A.M. - Opening Statements.

Moderator: Mr. Ayman ElTarabishy, President & CEO, ICSB

Speakers: 

H.E. Csaba Kőrösi, President of the General Assembly of the UN (TBC)​

H.E. Lachezara Stoeva, President of the Economic and Social Council (TBC)

H.E. Ambassador María del Carmen Squeff, Permanent Representative of Argentina to the United Nations

H.E. Ambassador Matthew Wilson, Permanent Representative and Ambassador of Barbados

Mr. Gerd Müller, Director-General, UN Industrial Development Organization

Ms. Rebeca Grynspan, Secretary-General of UN Conference on Trade & Development

Gilbert F. Houngbo, International Labour Organization Director-General

Ms. Pamela Coke-Hamilton, Executive Director, International TradeCentre

Mr. Li Junhua, under-Secretary-General for Economic and Social Affairs

Mr. Winslow Sargeant, Chair of the Board, ICSB

Plenary 1: Global Ecosystem to Support MSMEs. Organized by: UNIDO | Live Moderation: UNIDO

10:40 A.M. – 11:25 A.M.

​Moderator: Mr. Ralf Bredel, Director and Representative to the United Nations, UNIDO

Speakers: 

H.E. Sithembiso Nyoni, Minister of Women Affairs, Community and Small and Medium Enterprise Development, Zimbabwe

Mr. Racine Sarr, Founder at Shopmeaway, 

Mr. Jo Kyoo-il, Mayor, Jinju City, Republic of Korea 

Ms. Anne Chappaz, Chief, Institutions and Ecosystems, International Trade Centre

Mr. Joel Nelson, Cargill, Global Leader, External Innovation 

Ms. Ibtihel Ben Hadj Mbare, General Manager and Founder of Herbalya 

Plenary 2: Women – Challenges & Opportunities

11:25 A.M. – 12:10 P.M.

​Moderator: Mr. Amson Sibanda, Chief, National Strategies and Capacity Building Branch, Division for Sustainable Development Goals, DESA and Ms. Virginia Rose Losada WED Global Coordinator, SME Unit, ILO

Speakers: 

Ms. Lisa Skeete Tatum, Founder and CEO of Landit 

Ms. Obianuju Uzo-Ojinnaka, Founder at Traders of Africa

Mr. Sandeep Chachra, CEO of ActionAid India

Mrs. Claudia Mazari Torres, Mayor of Puente de Ixtla, Mexico

Ms. Franziska Giffey, Former Governing Mayor of Berlin

Ms. Suyesha Sthapit, Executive Director; Federation of Woman Entrepreneurs' Associations of Nepal (FWEAN)

Ms. Christine Virtucio, CEO & Founder of Virtucio Designs

Plenary 3: Role of Youth in Supporting MSMEs Achieve the SDGS | (Youth Representatives)

12:10 P.M. – 12:55 P.M.

​Moderator: Mr. Skye Blanks, ICSB COO

​Speakers: 

ITC Pre-Recorded Ecopreneur Video

Mr. Muhammad Sarim Raza, Co-founder at Mawesh E- Mandi

Ms. Francesca Milocco (Project Coordinator of NanoValbruna, Board member of ReGeneration Hub Friuli)

Mr. Stefano Cercelletta (Contest Coordinator of NanoValbruna, Board member of ReGeneration Hub Friuli)

Mrs. Laura Segura, Manager of Innovation and Services of the ArgentineIndustrial Union

Plenary 4: Supply Chain Issues and Impact on United Nations SDGS and MSMEs Day

2:00 P.M. – 2:40 P.M.

Moderator: Mr. Winslow Sargeant, Chair ICSB

Speakers: 

ITC Pre-Recorded Ecopreneur Video

Mr. Muhammad Sarim Raza, Co-founder at Mawesh E- Mandi

Ms. Francesca Milocco (Project Coordinator of NanoValbruna, Board member of ReGeneration Hub Friuli)

Mr. Stefano Cercelletta (Contest Coordinator of NanoValbruna, Board member of ReGeneration Hub Friuli)

Mrs. Laura Segura, Manager of Innovation and Services of the Argentine Industrial Union

Plenary 5: The Voices of Innovation for MSMES – Global Perspectives

2:40 P.M. – 4:00 P.M.

​Moderator: Ms. Analia Pastran, ICSB Director and Co-Chair of the World Urban Campaign of UN-Habitat

Speakers: 

H.E. Gloria Guevara, Senior Advisor, Ministry of Tourism of SaudiArabia, Sustainable Tourism Global Center (STGC)

H.E. Orkhan Mammadov (Chairman of the Management Board), The Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan

Ms. Vanessa Perry, The George Washington University School ofBusiness Vice Dean for Strategy

Mr. Kichan Kim, Founder of Humane  Entrepreneurship, Professor, Catholic University, S. Korea

Mr. Stefano Bonini, Associate Professor of Finance. StevensInstitute of Technology 

Ms. Unatha Lutshaba, South African Cultural Observatory-Executive Director

Ms. Chrystele Sanon, Qwampus Founder, Coach & Teacher

Plenary 6: Emerging Topics in MSMEs: The Future Ahead

4:00 P.M. – 5:15 P.M.

​Moderator: Winslow Sargeant, Chair ICSB

Speakers:

Mr. Tomas Canosa, Undersecretary of MSME of Argentina

Mr. Hartmut-Heinrich Meyer Professor of Business Administration and Entrepreneurship at FOM, Germany

Ms. Vicki Stylianou, Group Executive, Advocacy & Policy - Australia

Mr. Jeff Alves, Editor-in-Chief, Journal of the International Council for Small Business

Mr. Paolo Licata, President BoD & CEO of CO2NVERT

Ms. Martina Tomasetig, HR Manager & Co-founder of CO2NVERT(start-up winner of BAITE Innovation Award)

Ms. Valentina Larini, technology developer of PeroGreen

Mr. Enrico Montanaro, Co-founder & CEO of Agreen Biosolutions (start-up winner of BAITE Innovation Award)

Mr. Gerhard Andrey, Member of the National Council of Switzerland

Rico J. Baldegger, Director and Professor, School of ManagementFribourg

Mr. Christian Meisel, Professor, Hochschule Magdeburg-Stendal University

Mr. Christoph Winkler, Professor & founding program director of the Hynes Institute for Entrepreneurship & Innovation,Iona University

Mr. Kyle Lyon, Data Scientist, AI and the Future of MSMEs

Ms. Jennifer Kirkland, Entrepreneur, Better Access to Healthcarefor MSMEs

Closing Remarks

5:30 P.M. – 5:45 P.M.

​Moderator: Mr. Ayman ElTarabishy, President & CEO, ICSB Speakers: ICSB and Youth

Concept Note

Galvanizing MSMEs Worldwide by Supporting Women and Youth Entrepreneurship and Resilient Supply Chains 

[msmeday]

Galvanizing MSMEs Worldwide by Supporting Women and Youth Entrepreneurship and Resilient Supply Chains.

The 61st World Congress at the United Nations, held in 2016 in New York City, marked an extraordinary event. It was there that the International Council for Small Business (ICSB) created a business panel made up of seven small business government ministers from six different continents who represented billions of people around the globe. This inaugural event welcomed by the United Nations ECOSOC Council under its leadership of Ambassador Oh Joon for ICSB was co-chaired by the Honorable Maria Contreras-Sweet, Administrator, United States Small Business Administration (SBA), and the Honorable Dr. Young-Sup Joo, Administrator, Republic of Korea, Small and Medium Business Administration (SMBA). Speakers from around the world were asked to share their understanding of the obstacles and challenges that entrepreneurs and small business owners face in their respective countries. Moderated by Dr. Winslow Sargeant, 6th Chief Counsel of the the United States Small Business Office of Advocary, requested that each panelist provide examples of the best practices from their nations, in addition to the strategies used to support and promote small and medium enterprises (SMEs) through the most effective initiatives. This culmination of perspectives was the recognition that supports for micro, small, and medium enterprises (MSMEs) must be elevated to higher levels.

Reading the following proclamation, Dr. Ayman El Tarabishy voiced ICSB’s dream for MSMEs: “Seeing the need for broad SMEs support, ICSB calls on the United Nations to establish a dedicated name day for small and medium enterprises.” Enthusiastically welcomed by the panelists and conference attendees, the proclamation was met with wide acclaim, and the journey to establish such a name day finally began. In the months that followed, Dr. El Tarabishy deployed “shuttle” diplomacy to create a template that would serve as a starting point for discussion with member states in the UN General Assembly. Leading the proposal and negotiations was the Permanent Mission of Argentina to the United Nations, alongside all UN country members. On April 6, 2017, the UN General Assembly adopted the resolution announcing June 27 as “Micro, Small and Medium-sized Enterprises Day” or “MSMEs Day.” Shortly after that, on May 11, 2017, ICSB hosted the MSMEs Knowledge Summit in the United Nations’ Economic and Social Council Chamber that created the basis for MSMEs Day. This summit was co-chaired by the Honorable Linda McMahon, Administrator, United States Small Business Administration (SBA), Honorable Mariano Mayer, National Secretary of Entrepreneurs and SMEs, Government of Argentina.

The first-ever MSMEs Day celebration was held in collaboration with the ICSB 62nd World Congress on June 27, 2017, in Buenos Aires, fitting as Argentina proudly led establishment processes for the name day. Despite this strong showing of support from an international panel of governments, MSMEs are still in need of much political and regulatory help to enhance their narrative and support their establishment of entrepreneurial pursuits. The principles and best practices for MSMEs must be created in a way informed by the MSMEs themselves. Additionally, the purpose of entrepreneurship and the advancement of small businesses must be independent of administration and organization.

On May 12, 2018, ICSB gathered governmental and academic leaders, entrepreneurs, small business owners, and advocates to convene at the United Nations to discuss future supportive measures necessary for the healthy and sustainable growth of MSMEs. MSMEs continue to be vital to the development of the world and the 2030 UN Sustainable Development Goals (SDGs). This report is the continuation of the ICSB’s MSMEs Forum and directs its objective to bring all stakeholders and partners together in one place, with one mission and one focus: to promote MSMEs better.

#MSMEsDay #GalvanizingMSMEs #resilientsupplychains #conferences #smallbusiness #Microenterprises #Smallenterprises #mediumsizedenterprises #International Council for Small Business (ICSB) #27 june #msmeday

[msmeday]

Empower MSMEs to maximize their impact on sustainable development.

Join us at the United Nations Headquarters in New York City on June 27 for MSME Day 2023, a dynamic event dedicated to celebrating the crucial role of Micro-, Small and Medium-Sized Enterprises (MSMEs) in achieving the 2030 Agenda for Sustainable Development.

On April 6, 2017, the United Nations General Assembly adopted a resolution (A/71/279) recognizing the significance of MSMEs in driving inclusive and sustainable economic growth. In collaboration with the International Council for Small Business (ICSB), the Permanent Mission of Argentina to the UN authored this resolution, which was co-sponsored by 54 member states, representing over 5 billion people.

Globally, MSMEs and self-employed workers account for approximately 90 percent of all businesses and contribute to over two-thirds of employment. These enterprises hold the potential to transform economies, foster job creation, and promote equitable economic growth if given adequate support. The MSME Day event aims to highlight their pivotal role and explore opportunities for their further advancement.

Date: June 27, 2023

Time: 9:30 AM - 5:30 PM EST

Mandatory Security Check-In: 9:00 AM

As this event takes place at the prestigious United Nations Headquarters, please ensure you familiarize yourself with the arrival procedures. All attendees must bring a valid government-issued photo identification for the mandatory security check-in. Examples include a passport, driver's license, national identity card, IDNYC Card. An email will be sent to registrants before hand to request a copy of these documents in order to add you to the visitor list. This must be completed no later than June 20th in order to gain access to the Headquarters.

Join us as we gather a diverse group of experts, policymakers, entrepreneurs, and thought leaders who are passionate about supporting MSMEs. The event will feature engaging panel discussions, inspiring keynote speeches, interactive workshops, and networking opportunities. Together, we will explore innovative strategies, best practices, and collaborations to empower MSMEs and maximize their impact on sustainable development.

Don't miss this unique opportunity to be part of the global conversation on MSMEs and contribute to shaping a more inclusive and prosperous future. Register now to secure your spot and make a difference!

#International Council for Small Business (ICSB) #Permanent Mission of Argentina to the UN #supporting MSMEs #group of experts #policymakers #entrepreneurs #enterprises leaders #Conferences #GalvanizingMSMEs #Resilientsupplychains #womenentrepreneuship #youthentrepreneuship #27 june #ecosoc chamber

[msmeday]

MSMEs to unlock new access to sustainable finance.

The UNDP, Global Legal Entity Identifier Foundation and the Monetary Authority of Singapore collaborate to support MSMEs develop Univeral Trusted Credentials for faster access to financing and new market opportunities.

“The Monetary Authority of Singapore, the Global Legal Entity Identifier Foundation and UNDP are launching an initiative to generate digitally enabled sustainability credentials. This is part of a larger effort to develop universal trusted credential for business. This will help them to unlock new access to finance. And it will allow them to better track their sustainability targets”, said Achim Steiner, UNDP Administrator.

“Such collaborations will demonstrate the game-changing potential of technology in revolutionising the way MSMEs, the building blocks of every economy, tackle climate change while simultaneously lowering reporting burdens. In time, we foresee initiatives like Project Greenprint playing a crucial role in supplying verified private market and MSME data to inform global efforts on charting more efficient pathways to a low carbon future”, said Leong Sing Chiong, Deputy Managing Director for Markets and Development of the Monetary Authority of Singapore.

#mediumsizedenterprises #micro enterprises #small enterprises #access to finance #access to markets #united nations development programme #UNDP

[msmeday]

Galvanizing MSMEs worldwide by supporting women and youth entrepreneurship and resilient supply chains.

(Part 2) micro-, small and medium-sized enterprises Day 2023

Multiple simultaneous shocks and crises have disturbed the global working environment for entrepreneurs and micro-, small and medium-sized enterprises (MSMEs). In addition, conflicts, commodity dependence, geopolitical tensions, and pandemics drive social and economic instability, making MSMEs extremely vulnerable to rising inflation and supply chain disruptions.

Among the most vulnerable, women- and youth-owned enterprises are often at risk of external shocks. This is when the percentage and overall number of business formations by women and youth are increasing worldwide. However, facing limited access to affordable finance, capacity-building support, partnership networks, and global markets, women and young entrepreneurs need help to overcome the numerous challenges that frequently stifle the growth of their businesses, confining many of them to informality or necessity entrepreneurship.

Policies that strengthen capacities and support MSMEs development and entrepreneurship for women and youth need to be at the forefront to address those challenges, lower and remove barriers, and provide an operating environment for women- and youth-owned businesses to grow, thus contributing to the full achievement of SDGs 1, 4, 5, 8, 9, 10 and the "leave no one behind" promise of the 2030 Agenda for Sustainable Development and its Sustainable Development Goals.

This MSMEs day will also focus on supporting resilient supply chains to ensure workers and the environment benefit. Supply chains are a critical component of global trade and commerce, and conflicts, disasters, and pandemics can quickly impact their functioning, increasing costs and making transactions more difficult. Therefore, policymakers and businesses must join forces to ensure economically viable, socially, and environmentally sustainable supply chains.

(Part 2) micro-, small and medium-sized enterprises Day 2023

A/RES/71/279

#SDG1 #SDG4 #SDG5 #SDG8 #SDG9 #SDG10 #women- and youth-owned businesses #msmeday #panel discussion #agenda 2030

[msmeday]

Advancing policy research and dialogue and South-South and Triangular Cooperation on addressing MSME informality.

Protecting and empowering informal MSEs will be paramount to ensure an inclusive and sustainable recovery in developing countries, LDCs and SIDS. Critically, there is a need to better understand the role that digitalization, such as digital platforms, fintech and other digital solutions, can play in expanding informal MSEs’ access to finance and markets, building their resilience to shocks, and fostering their gradual transition to formality. Equally critical is the need to understand and address the specific challenges (skills gaps and others) and the risks that different categories of informal SMEs may face when entering digital transitions, to ensure fairness, equity, and sustainability. Generally, much remains to be learned about MSMEs’ incentives and disincentives to formalize and the effectiveness of different formalization strategies in different country contexts. Since the G20 Argentina presidency 2018, limited attention has overall been given by G20 workstreams to the specific challenges relating to MSME informality. It is important to revive this agenda, including through engaging representatives of Governments, private sector (including informal MSMEs) in policy dialogue, peer learning and knowledge sharing. Relevant G20 bodies, as well as the initiatives and platforms of the UN and other organizations working on informality issues could be leveraged for this purpose.

#G20 Indonesia #msmes #informal SMEs #access to finance #access to markets

[msmeday]

Pledge to ‘build forward better’.

In line with the pledge to ‘build forward better’, the Scoping Note advocates for and adopts an inclusive and holistic approach which underscores renewed and coordinated action for instance to (i) reduce financing gaps, including through innovative, digital - financing solutions tailored to the specific needs and capacities of MSEs (ii) foster a better and more resilient integration of MSMEs into global and regional value chains and promote Inclusive Businesses (IBs), and the adoption of sustainable business practices (iii) promote disaster risk management and prevention in MSMEs business models and MSME policy frameworks. The Scoping Note also zooms on the specific challenges facing MSEs the informal sector. Efforts to support greater formalization within MSME ecosystems have indeed gained renewed traction among many developing countries and the international community, not only to secure a better outreach of relief measures and reduce short term vulnerabilities, but also to support post-COVID-19 recovery efforts, given the benefits formality can potentially bring in terms of productivity, decent job creation, and fiscal space. In this regard, the Scoping Note underscores the need to expand outreach of government support to informal MSEs in the short-medium-term whilst fostering gradual transitions to formality in the longer run. It highlights some lessons learned from past formalization strategies, and the role that tailored investments to enhance the productivity of informal enterprises can play, alongside enabling policy and regulatory environments. It also emphasizes digital transformation as a ‘win-win’ solution for MSME revitalization, competitiveness, and long-term resilience.

#informal sector #msmes #MSME Policy Framework #G20 Indonesia #undp #informal MSEs