Empowering Women SMEs for Global Success
The Global Small Business Blog
OCTOBER 15, 2024
©iStock/Dimple Bhati Small and medium-sized enterprises (SMEs) are at the heart of the global economy, representing over 90% of businesses employing up to 70% of the workforce, and driving half of the world's GDP. Despite their critical role, they face a staggering $5.7 trillion financing gap globally, which increases to $8 trillion when including informal businesses.
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