Lebanon SME Strategy: A Roadmap to 2020

Lebanon SME Strategy: A Roadmap to 2020 “How-to” of Financing Technology Acquisition, Innovation and Entrepreneurship Izmir, Turkey Thursday 4 June, ...
0 downloads 0 Views 951KB Size
Lebanon SME Strategy: A Roadmap to 2020

“How-to” of Financing Technology Acquisition, Innovation and Entrepreneurship Izmir, Turkey Thursday 4 June, 2015

Zeina El Khoury Head of Enterprise Team Ministry of Economy and Trade

SMEs are the engine of growth of economies. In Lebanon, they represent more than 90% of registered firms, employ 50% of working population, yet contribute only ~27% of total revenues Number of Registered SMEs per Turnover NOTE 47,474

As per the revenue department at the MOF, the number of all tax payers is almost 100,000 Excluding the trade and crafts sectors the number becomes 70,062 Using turnover as the only criteria , enterprises with