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3/5/24, 10:06 AM New report on SME participation in global trade launched during MC13 in Abu Dhabi | Emirates News Agency
effort whereby the international community comes

together with a focus on best-practice sharing, policy

and coordination, advocacy and outreach, and capacity

building for officials on how to address the challenges

posed by limited access to trade finance and investment

capital. A specific focus would be on disseminating

financial services (fintech) solutions and on the creation

of guidelines and best practices for an SME-enabling

business environment.

Secondly, to support SMEs globally through an informal

global business incubator network, linking and mutually

supporting local, national and regional SME incubators.

This network would work to improve the enabling effect

of existing incubation through knowledge sharing,

technology transfer, business networking, and a

particular focus on improving women’s economic

participation.

Thirdly, an SME Academy that would use a train-the-

trainers approach to support those already working on

the ground in developing countries to support SMEs

through the provision of capacity building, resources,

knowledge sharing, mentoring and guidance.

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