The Setting up of the Forum

For a long time, the fortunes of the MSME sub-sector regarded as the engine of economic growth have been left to the vagaries and discordant voices of its various BMOs with no proper coordination and effective synergy needed to tackle the issues and challenges confronting the sub-sector, such as lack of access to finance, inappropriate entrepreneurial skills, lack of institutional capacities, inadequate access to workplace and technology and non-availability of competitive products that can penetrate and retain both domestic and foreign products. To adequately address this and challenges, some of which require legislature intervention to overcome, it becomes imperative for SMME BMOs to come together as obtained in some of the successful economies in the world and form an umbrella body that will harmonize and promote stakeholders for the development of the MSME sub-sector. It is for this salient reason that the decision to set up. Forum was taken at a meeting held in September 2015, in the training room of SMEDAN with more than 20 participants representing difference BMOs.To adequately address this and challenges, some of which require legislature intervention to overcome, it becomes imperative for SMME BMOs to come together as obtained in some of the successful economies in the world and form an umbrella body that will harmonize and promote stakeholders for the development of the MSME sub-sector. It is for this salient reason that the decision to set up. Forum was taken at a meeting held in September 2015, in the training room of SMEDAN with more than 20 participants representing difference BMOs.