Support to Micro and Small Businesses

Media release, 19.10.2015

Ms. Katharina Stocker, Deputy Head of Mission at the Swiss Embassy in Macedonia gave a speech at the CEED certificate awarding ceremony held on 14th October. At the ceremony, 117 entrepreneurs were awarded certificates for successfully completing their entrepreneurial training programs.

Support to Micro and Small Businesses in Macedonia
Support to Micro and Small Businesses in Macedonia

Entrepreneurs from all over the country have better access to knowledge close to the place they work and live, thanks to the Micro and Small Enterprise Programme (MSEP). The programme is funded by the Swiss (SECO) and the US Government (USAID), and implemented by the Centre for Entrepreneurship and Executive development (CEED).

USAID Mission Director James Stein congratulated this year’s participants and noted “Micro and small companies, scattered across the country, collectively employ the most people.  As such, they have significant potential to drive Macedonia’s economic growth, yet often the smaller the company, the larger the challenges are to establish or expand it.  Our goal is to provide owners of small companies the knowledge, skills, and access to finance they need to grow their businesses and create new employment opportunities.”

Ms. Katharina Stocker, Deputy Head of Mission, Embassy of Switzerland in the Republic of Macedonia noted, "The number of women entrepreneurs joining the programme continues to grow.  I encourage women to actively engage in business, to be strong leaders and generators of the Macedonian economy."

Launched in July 2011, the MSEP supports micro and small enterprises through training, networking and mentoring opportunities, consultancy services, export support, and access to an investment fund. Since the project was established four years ago, participating business owners have collectively increased exports by $440,000 and increased total revenues by USD 1.6 million.