The SME Fair & Conference 2011 promise to be bigger and better with an additional conference that will cover various topics that are affecting SMES in East Africa with Exhibitors & Speakers from both Local & international arena. The Fair 2011 shall be a business empowerment forum for individuals with Small to Medium size businesses and aspiring business owners, Start Ups & the General Public.
In most economies, Kenya included SMEs comprise approximately 99% of all firms and employ between them about 60% of the people. In many sectors, SMEs are responsible for driving innovation and competition. Globally SMEs account for 99% of business numbers and 40% to 50% of GDP.
For a long time Small to Medium size enterprises have been long ignored as they have transactions too large and complex for Micro finance but too risky for conventional financial institutions.
Steadily the Government and different industries are understanding that SMEs are the Blood line of most economies and with the support in the challenges they face they can turn around the Economies of Countries like Kenya into the Future Power house and as Africa is the emerging continent Smes need to be taken more seriously and frame works put into place to assist this future Blue chips rise up to the challenges bestowed unto them.
We at SMERC work with Small & Medium Business Owners as facilitators and the Bridge that connects them to solvers of the problems they face. We are a resource centre for Start Ups, SMEs and other companies that are looking for information, assistance and empowerment in Entrepreneurship.