Entrepreneurs in the developing
and transforming world

Leading development agencies and most governments have come to recognise that the creation of enabling environments and public support to private entrepreneurial activities are vital to economic growth, poverty alleviation and the promotion of social pluralism.

SMEs are the most dynamic element of economic growth and innovation. As they usually engage in labour-intensive activities, they provide essential job opportunities for the growing labour force in developing and emerging economies. To stimulate SME-led growth, management know-how and investment opportunities are required, complemented by the availability of skills and capital, appropriate legal and policy frameworks, involving both legislation and institutions, and proper functioning labour markets.

In the course of intensifying global competition, SMEs in both developing and industrialised countries are aiming to expand their activities and commercial interest beyond regional and national borders. PEM is a competent and experienced partner to strengthen the competitiveness of SMEs and to promote international business cooperation in a globalised world.