The success story of Fine Food Group looks different from the glitzy high-tech start-ups featured in business magazines or in investment blogs. The OECD report Understanding Firm Growth: Helping SMEs Scale Up shows that its storyis nonetheless much more representative of a typical scaler than that of a high-tech start-up.
Empowering SMEs to drive a digital recovery
Es are the beating heart of the global economy. In Europe alone, there are 24 million small businesses, employing a total of 95 million people and generating €4 trillion a year. And yet, SMEs are still behind their larger counterparts in the integration of the digital tools that they need to increase productivity, scale-up and innovate.
Lightening the load: How to understand and reduce SMEs debt burden
COVID-19 has triggered an economic shock like no other in living memory. Social distancing and trading restrictions hit small businesses particularly hard, with many seeing
Gender gaps in entrepreneurship are costing economies dearly
There are long-standing gender gaps in entrepreneurship. Women in OECD countries are about two-thirds as likely as men to be working on a start-up or young business.
What can SMEs do to accelerate their journey to Net Zero?
On the eve of COP26, attention is firmly focused on the climate challenge and the need for action by governments, big business, and households. Yet there will be no transition to net zero without small and medium sized enterprises (SMEs).
Hitting the she-start button – women entrepreneurs can lead the recovery
Earlier this year, we marvelled as billionaire entrepreneurs Richard Branson and Jeff Bezos reached for the stars through trial launches of rockets developed by Virgin Galactic and Blue Origin. In many ways, their race represents popular perceptions of entrepreneurship – the expression of a drive that is ambitious, competitive, innovative, and…. male.
It needn’t be that way.
Young people are our future. Let’s help them make it a bright one
By working together – as civil society, governments and businesses – we can help young people face the challenges of work, gender equality, the green transition, and the future of business; and empower them to create and seize new opportunities.
La jeunesse est notre avenir. Mobilisons-nous pour l’aider à construire le sien
C’est en mobilisant les acteurs et les talents de la société civile, aux côtés et en complémentarité des gouvernements et des collectivités publiques, que nous pourrons relever ensemble ces formidables défis que représentent aujourd’hui l’emploi et l’émancipation des jeunes, l’égalité femme-hommes, la transition écologique ou encore l’avenir de l’entreprise.