The State Department for Micro, Small and Medium Enterprises (MSME) Development under the Ministry of Cooperatives and Micro, Small and Medium Enterprises Development was established through the Executive Order No. 1 of 2023 following the re-organization of Government after the August 2022 general elections.
The mandate of the State Department is to support the growth and development of MSMEs towards the socioeconomic transformation of the economy. The MSMEs sector plays a vital role in the economy by creating jobs and wealth, generating revenue and driving innovation. However, MSMEs often face unique challenges, such as: Inadequate skills for MSMEs capacity; Limited access to finance; Limited access to markets; Access to affordable Infrastructures; Weak entrepreneurial culture; Business Regulatory Constraints; and Poor Coordination that can hinder their growth and development. The State Department is established to address these challenges and support the success of MSMEs.
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