What do young social entrepreneurs need to do to ensure their ideas and experiences are woven into future social entrepreneurship policies? This article has the answers…

What do young social entrepreneurs need to do to ensure their ideas and experiences are woven into future social entrepreneurship policies? This article has the answers…
Cyberattacks can spell disaster for businesses of all sizes, but especially smaller firms. The median cost of a ransomware attack can amount to up to USD 1.2 million, and up to USD 1.6 million in the case of computer data breach. Urgent action is needed to support SMEs in better preparing and managing digital security risks.
Cyberattacks can spell disaster for businesses of all sizes, but especially smaller firms. The median cost of a ransomware attack can amount to up to USD 1.2 million, and up to USD 1.6 million in the case of computer data breach. Urgent action is needed to support SMEs in better preparing and managing digital security risks.
Just six years ago, more than half of SME retailers’ transactions were paper based – in the form of cash or cheques. That world is long gone. Why? A large part is because Covid-19 gave digital payments a huge boost.
A number of barriers, notably uneven access to data, technology and skills hold too many SMEs back from making the most of new opportunities created by the data economy. Outdated data infrastructure, management practices and cultures are a factor.
For many SMEs, knowledge is power. Their business – and competitive edge – depends on their knowledge of markets and their product. Businesses can protect some of their most strategic insights through trade secrets.
The stock of outstanding SME loans grew at around 5% in 2020, a record high since 2007. Many weakened businesses were expecting respite as their troubles began to recede, but Russia’s war against Ukraine has sent a tidal wave through OECD countries and regions.
In Israel in the past two years, the leading companies in the tech sector were SMEs. From early-stage startups to growth companies, Israeli tech SMEs showed record breaking figures since COVID started.