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The Small and Medium Enterprises Development Authority has revealed its new strategy, which aims to create a qualitative shift in the local business environment by transforming into an independent financing entity responsible for managing funding and lending, separate from technical support activities. The main axes include opening local and international marketing channels to boost exports, offering training programs in management and finance, and providing technical support and expert assistance to projects. The strategy seeks to address sector challenges, transform small businesses into reliable entities to attract investments, and focus on adopting modern technology to increase productivity and create sustainable job opportunities for youth. This, in turn, supports economic growth and enhances the global competitiveness of Egyptian products.
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