SME Training and Coaching Loop to support small and medium enterprises

SME Training and Coaching Loop to support small and medium enterprises

Small and medium-sized enterprises (SMEs) are considered an engine for economic and social development. However, framework conditions for their development are often unfavorable and support is not tailored to the context and situation of the individual enterprise.

The SME Loop responds to this need. It is a combined training and coaching approach and aims to enhance competitiveness, income, and the demand for labor. The SME Loop consists of seven phases and is implemented over a six-to-nine-month time span. After their selection, entrepreneurs follow two alternating classroom business trainings and several individual coaching sessions on business analysis, strategy formulation and business linkages among others. The SME Loop was recently adapted to the specific need of women led enterprises, start-ups and social enterprises.

More information and training material is available on the website of the International SME Loop Association e.V. (sme-loop.com).