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The private sector plays a key role in economic growth, innovation and employment. Economic research conducted by EMEA experts and others shows that Micro-Small and Medium Sized Enterprises (MSMEs) provide two thirds of all formal jobs in developing countries, and up to 80% in low-income countries. One very important aspect for the development of the private sector is entrepreneurship in creating employment and whether there is an environment conducive to it. In particular, entrepreneurship is likely to play a key role in lifting the youth out of unemployment or preventing them from becoming unemployed after graduation. Entrepreneurship is a multi-dimensional concept and must be well anchored in economic policy to maximize its potential for economic development and employment creation.

EMEA Entrepreneurship and MSMEs initiative aims to:

  • Perform surveys and research with the focus on high-value added start-ups, social business, creative cultural sectors;
  • Promote best practices on entrepreneurship (particularly for women and youth);
  • Grant prizes for entrepreneurship for youth and women;
  • Support entrepreneurs financially and enhance their capacity via targeted training;
  • Develop and contribute (to) international networks; and
  • Provide policy recommendations.
Micro-, Small- and Medium-Sized Enterprises with High-Growth Potential in the Southern Mediterranean: Identifying Obstacles and Policy Responses
The Arab Spring, which took root in Tunisia and Egypt in the beginning of 2011 and gradually spread to other countries in the southern Mediterranean, highlighted the importance of private-sector development, job creation, improved governance…
Policy Agenda For An Inclusive, Job-creating Financial Development In The Southern And Eastern Mediterranean
Recent empirical evidence shows that financial development in the Southern and Eastern Mediterranean Countries (SEMCs) is lagging behind. The exclusion of a substantial part of households and micro, small and medium-sized enterprises (MSMEs) from financial…
Paving the Way for Micro-, Small- and Medium-Sized Enterprises in the Southern Mediterranean
Notwithstanding their essential contribution to innovation, job creation and local development, MSMEs across the southern Mediterranean are confronted with a number of problems that hamper their growth. Ayadi & De Groen (2013) assessed what is…
Female Labour Force Participation and Entrepreneurship: The Missing Pillar for Inclusive and Sustainable Economic Development in MENA?
Despite substantial investment in women’s education in the MENA region and a significant increase in their educational attainment, women’s labour force participation remains very low. In 2017, Women’s Labour Force Participation (LFP) was averaging 21%…
Micro, Small and Medium Sized Enterprises Development in Egypt, Jordan, Morocco & Tunisia: Structure, Obstacles and Policies
The study provides a snap shot of the current status quo in Egypt, Jordan, Morocco and Tunisia regarding the development of their private sectors, with a focus on micro, small and medium enterprises. It will…

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