Private sector and entrepreneurship

SECO contributes to improving the functioning of local financial markets and to nourishing a competitive body of entrepreneurs. The goal is to increase the partner countries' attractiveness as a business location and to trigger national and foreign investments.

A dynamic private sector buoyed by strong entrepreneurship creates jobs and increases tax revenues. Through the exchange of goods and services, it plays a key role in economic development and in regional and global integration.

SECO therefore works toward improving the business environment for companies in the partner countries and facilitating access to external financing for small and medium-sized enterprises (SME). It also contributes to improving the functioning of local financial markets and generating a competitive body of entrepreneurs. The following business lines seek to increase the partner countries' attractiveness as a business location, triggering both domestic and foreign investments and also to create jobs.

Training in areas of financial reporting and auditing
© SECO

Here, support is given to lower the costs of doing business and reduce local barriers to investment (by way of adjusting property laws, simplify taxation, etc.) and to make it easier for businesses to access financing.

The SECO’s worldwide engagement