TICKET | Regional development: Supporting the recovery of SMEs

2024-04-24 11:41:47


The failure of entrepreneurial support in Tunisia, which lasted for years, had major repercussions not only on businesses and entrepreneurs, but also on the national economy and investor confidence. SMEs, in this case, which represent the economic fabric of the country, have suffered the full brunt of the repercussions of the economic crisis, while many of them are threatened with bankruptcy. The Tunisian Association of Small and Medium Enterprises (Atpme) expressed its concern about the situation of these entities, which have lost thousands of jobs, due to the economic crisis and the effects of the Covid-19 pandemic. In the entrepreneurial landscape of Tunisia, a crucial factor seems to be lacking: effective entrepreneurial support. This gap not only causes difficulties for entrepreneurs themselves, but also has a profound impact on the national economy as a whole. For years, economic operators and Atpme have continued to deplore the absence of accompanying and support measures for VSE-SMEs, which are nevertheless the most vulnerable in the face of economic hazards. Faced with these difficulties, Atpme believes that it was essential for the government to put in place measures and programs aimed at saving VSE-SMEs threatened with bankruptcy, as well as self-employed people, and preserving jobs. To reverse this trend, it was imperative to strengthen support structures for entrepreneurs, improve the quality of support and promote a more robust culture of entrepreneurship. Because the absence of adequate support can lead to significant consequences, such as financial and economic losses, a negative impact on economic growth, difficulties for entrepreneurs, as well as obstacles for banks and investors. In order to save VSEs and SMEs and preserve jobs in the face of the threat of bankruptcy, the government has put in place accompanying measures and support programs. Indeed, the Ministry of Employment and Vocational Training recently announced the launch of a program aimed at supporting small businesses in difficulty. In collaboration with the French Development Agency (AFD) and the Tunisian Solidarity Bank (BTS), this program benefits from funding of 26.5 million dinars. This new project is part of the Professional Training and Integration Support Program, which will be deployed until the end of June 2025. Its objective is to support and finance around 700 small businesses in difficulty but potentially recoverable, in order to stimulate their recovery and sustainability. The registration platform for this program will remain open until May 15, 2024, and is intended to support up to 4,500 small businesses in difficulty having been created between 2017 and 2022. Businesses in difficulty will also be able to benefit from this program which facilitates the granting of loans for expansion or resumption of activity under favorable conditions, with a ceiling of 50,000 dinars.














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