The meeting, “Beyond the crisis: Supporting Young Enterprise”, examined the role of direct and indirect policies to support entrepreneurs through their first three years of development.
Hosted by the OECD in partnership with the Tunisian Ministry of Development and International Cooperation, the event brought together dignitaries and distinguished speakers, and high-level experts, and private sector representatives from MENA and OECD countries. Over 100 policy-makers, representatives of international organizations, local stakeholders and the donor community met to debate how public policy can promote entrepreneurship and support young enterprises in the MENA region.
The meeting enclosed a review of Entrepreneurs and SMEs policies, and It also included a round table discussion, where the delegates of the Working Group presented the last developments in the policies of SMEs.
Sessions on the second day revolved around the role of public policy in influencing the choices of individuals to undertake venture entrepreneurship, and discussed in detail the areas of assistance that can be made in the establishment phase such as training activities, special services at the local level, schemes of finance, incubators, and accompanied programs. The last two sessions discussed the special needs in the phase of establishment of innovative SMEs which require a different set of supportive measures in both the public and private sectors to meet the technical difficulties and financial constraints. They also included an explanation of required policy tools to facilitate the process of transformation from young enterprises to growing enterprises.