SMEs and Entrepreneurship
SMEs and entrepreneurs act as vital forces for innovation, economic growth and job creation across the world. SMEs employ more than two thirds of the global private sector workforce, and provide more than 80% of net job growth. Digital technologies are removing traditional barriers to expansion and are enabling SMEs to enter new and bigger markets using agility and flexibility to compete. Given their importance, the Turkish B20 Presidency has introduced the SMEs & Entrepreneurship Task Force this year with the intent of addressing the biggest existing challenges and obstacles for SMEs in today’s economic environment.
|Business Network Partner||
The SMEs & Entrepreneurship Task Force has 110 members, comprised mostly of entrepreneurs, senior executives from small-to-medium-sized businesses, and representatives of business associations. The task force has received assistance from those organizations along with in-depth project support from its knowledge partner, Accenture. The task force’s membership is broadly representative of G20 countries.
The Task Force believes that the following four issues capture the main challenges that SMEs and Entrepreneurs are facing:
- Access to international markets
- Access to finance
- Access to skills and talent
- Access to innovation ecosystems and the digital economy
The Turkey B20 Task Force on SMEs & Entrepreneurship will expand on the foundations developed during the Australia G20/B20 Summits, which emphasized the importance of SMEs and entrepreneurship. Furthermore, the B20 has endorsed the development of the ‘World SME Forum’ (WSF), which was introduced recently as an important implementation arm and mechanism to ensure continuity in addressing the challenges and problems of SMEs in a multilateral fashion.
Distribution of Members
Schedule of Meetings
|6 March||İstanbul||Kick Off Meeting|
|25 March||Teleconference Call||1st Taskforce Teleconference|
|16-17 April||Washington, D.C.||First joint Taskforce meeting|
|13 May||Teleconference Call||2nd Taskforce Teleconference|
|2 June||OECD, Paris||2nd Joint Taskforce Meeting|
|9 July||Teleconference Call||3rd Taskforce Teleconference|
|3-5 September||Istanbul||B20 Conference|
|14-15 November||Antalya||B20 Summit|