The World SME Forum aims to provide SMEs with effective representation, founded on well-established and fact-based research, to ensure that the economic interests of the global community of SME businesses are more effectively represented in the deliberations of international governance bodies. Partnering with IFIs and development agencies, and with membership from associations working in the SME space and chambers from all over the world, WSF will advance the recognition of the role of SMEs in the global economy, by aiming to be represented in international bodies such as G20, APEC, ASEAN, and other regional blocs; global standard setting entities; and relevant agencies of the United Nations that either directly or indirectly affect, or aim to affect SME performance and development.
At the urging of several business leaders during the 2015 B20 process, the WSF’s first Advocacy & Research activities will be focused on:
WSF offers advisory services and technical assistance to chambers of commerce and SME associations on standards, certification, credit reporting and scoring, and linkages to global value chains. WSF’s programs are aligned with 2015 Turkey B20 recommendations and the ongoing discussions of the 2016 China B20 SME Development Taskforce as follows:
The digital economy is presenting SMEs with one of the biggest opportunities in decades, but unfortunately SMEs are not in the position to take full advantage of it. In order to reap the full benefit of the digital economy, WSF is supporting SMEs to prepare for and transition to the new, unfolding, digital world.Through its ePlatform programs, WSF aims to inform SMEs and sensitize them to the potentials and challenges of the digital economy, in full alignment with the G20’s new agenda to prepare the international economic environment for the New Industrial Revolution. This is a complex agenda, and WSF is taking a multi-pronged approach to make it happen by:
The World SME Forum, as a member of the 2020 Saudi B20, is pleased to note that the B20 policy recommendations to the G20 has specific reference to support access to digitalization, finance, markets and knowledge which are necessary for enabling SMEs, globally - that is the motto of the WSF.https://www.b20saudiarabia.org.sa/wp-content/uploads/2020/09/Policy-recomendations-to-the-G20_IMG_update_Chair_compressed-min.pdf
Micro, small and medium-sized enterprises are the backbone of developing economies − ITC has a plan to help them to recover and rebuild in the wake of COVID19http://www.intracen.org/news/ITC-launches-15-point-plan-to-help-small-businesses-survive-the-pandemic/