Forum Rationale

The critical role of MSMEs: private sector is a primary driver of economic growth, creating 9 out of 10 jobs globally. MSMEs support bottom-up economic growth, structural change and innovation. They create employment and generate income for the entrepreneur, the employees and often suppliers, and hence reduce economic and social disparities. However, in many countries women and men face obstacles in engaging in productive activities.

To tackle such issues and boost employment, entrepreneurship and inclusive and sustainable industrial development, UNIDO provides services that assist governments and support structures to serve young women and men. Services are geared to increase young people's employability and provide them with the necessary tools to create and develop sustainable enterprises, and ultimately improve their livelihoods.