Small and Medium-sized Enterprises (SMEs) are at least half the food economy. Such businesses have a vital role to play in forging a more nourishing, sustainable, equitable and resilient food system. The Dialogue asked three questions:
- How are SMEs having a positive impact on the food system?
- What challenges limit their positive impact?
- How to boost the role of SMEs in providing “Good Food for All”?
Support at food SMEs
Whether it is through local chambers of commerce in rural USA or tech innovation hubs in Nairobi, well-resourced business development support for SMEs is a proven driver of inclusive economic growth. Targeting such support at food SMEs offers additional benefits, due to the importance of the sector to public goods such as health, the environment, and livelihoods. Youth, women and other groups face additional barriers to starting and growing a business. Support to them unlocks fresh entrepreneurial energy into the sector and addresses equity gaps. Expanding business development initiatives for food SMEs offers a practical pathway through which to achieve positive sectoral change.
"Small Businesses: Good Food for All - APAC" pre-Summit dialogue. Grow Asia was the Convener of this pre-Summit dialogue, alongside the International Agri-Food Network (IAFN) and the Smallholder and Agri-SME Finance and Investment Network (SAFIN)
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