SMEs are of crucial importance for local economic development in Kenya and East Africa in general. The sector remains main source of job creation and social stability with 90% of all enterprises are SMEs providing employment to over 60% of the total employed population in Kenya. Despite the awareness, SME sector is relatively underdeveloped with limited access to capital is an important factor that constraints further development of the SME sector.
The challenges facing SMEs that CEDI seeks to address include;
• Limited access to markets
• Climate Change
• Technological Disruptions
• Lack of entrepreneurial skills
We promote development of small businesses for accelerated growth by:
• Creating platforms to give inputs in formulating and reviewing of policies and programs for micro, small and medium enterprises;
• Encouraging harmonization and the integration of various public and private sector activities, programs and development plans relating to Micro and Small Enterprises for the benefit of members;
• On behalf of members, carry out research, product development and patenting in the Micro and Small Enterprises sector;
• Economic inclusion through promotion of the mainstreaming of youth, gender and persons with disabilities in all micro, small and medium enterprises activities and programs;
• Help members in resources mobilization for development of the micro, small and medium enterprises sector;
• Market linkages through Promotion and facilitating of access to markets by micro and small enterprises;
• Promoting innovation and development of products by micro, small and medium enterprises;
• Facilitating technology development, acquisition and transfer by micro, small and medium enterprises.