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AI for Good Global Summit

Trends in tech MSMEs and Startup Support

Trends in tech MSMEs and Startup Support
Year: 2016
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Micro, Small and Medium Enterprises (MSMEs) are a major engine of economic growth and job creation. MSMEs make up more than 95% of all businesses worldwide and two thirds of all formal jobs. Evidence also suggests that these MSMEs account for 60-70% of gross domestic product (GDP) globally. Most importantly, MSMEs often represent a potential path out of poverty for many developing countries. This report identifies current trends in this domain and learn from the efforts that are already taking place throughout ITU's large and diverse Membership.

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