COVID-19 led to the disappearance of small businesses (especially in the service industry). Moreover, the current European conflict has raised inflation and prices for essential commodities.
The COVID crisis has shown how frail is the position of microentrepreneurs. Many of them are migrants and youth fighting to survive.
So, what are the lessons to be taken from microentrepreneurs?
- How they build resilience
- How they have managed to continue operating and, in many cases, growing
- How these trends can be opportunities for microentrepreneurs, and how social and financial providers can support them in their journey
This year, EMD will be different: it will be a local campaign involving local partners, and it will run from October 13 to December.